The Center on Global Energy Policy hosted a webinar sharing key findings from a new report, “Opportunities and Limits of CO2 Recycling in a Circular Carbon Economy: Techno-economics, Critical Infrastructure Needs, and Policy Priorities.” This report aims to help investors and policymakers understand key issues and technology limits and navigate the dynamic landscape of CO2 recycling for hard-to-abate sectors.
Despite growing efforts to drastically cut carbon dioxide emissions and address climate change, energy outlooks project that the world will continue to rely on certain products that are currently carbon-intensive to produce but have limited alternatives, such as aviation fuels and concrete. Recycling CO2 into valuable chemicals, fuels, and materials has emerged as an opportunity to reduce the emissions of these products. In this way, CO2 recycling is a potential cornerstone of a circular carbon economy that can support a net-zero future.
This webinar featured a short presentation by Dr. Julio Friedmann, CGEP Senior Research Scholar, and Amar Bhardwaj, Marshall Scholar and incoming Stanford University PhD Student, followed by a moderated panel discussion with leaders in industry, technology, policymaking and government.
- examined 19 CO2 recycling pathways to understand the opportunities and the technical and economic limits of CO2 recycling products gaining market entry and reaching a global scale
- prioritized pathways based on their current cost, scalability, and potential to improve in the short term; and
- recommended targeted policies to support CO2 recycling innovation and deployment, including infrastructure and procurement that support commercialization of successful RD&D.
- Dr. Marcius Extavour, Executive Director, Prize Operations, Energy & Resources, XPRIZE
- Dr. Jennifer Wilcox, Principal Deputy Assistant Secretary (Acting Assistant Secretary) for Fossil Energy and Carbon Management, U.S. Department of Energy
- Alex Zapantis, General Manager - Commercial, Global CCS Institute
- Colin McCormick, Adjunct Professor, Science, Technology and International Affairs, Georgetown University
- Dr. Stephanie Nitopi Karris, Carbon Technology Strategist, Carbon Direct