What is the ideal mix of energy technologies
for achieving the goal of net-zero?

As the damaging effects of climate change become evident, innovators are racing to reduce fossil fuel emissions by introducing “greener” energy systems, including renewable energy sources, batteries, and even nuclear power. However, these new technologies bring new challenges, including economic and social disruptions as well as hidden environmental burdens in their material supply chains. Fossil fuels cannot be phased out easily, because currently available technologies cannot meet the thermal demands of basic industries such as steel and cement. Thus, careful analysis will be needed to find the right portfolio of technologies.

Bhavik Bakshi, an internationally-recognized expert on life cycle assessment, will describe the promises (and pitfalls) of emerging technologies—not only renewables, but also innovative approaches for cleaner fuels, carbon capture, chemical recycling, and circular manufacturing. He will also discuss the importance of “nature-positive” industrial development, which generates economic value for both companies and communities. Investing in these approaches can help to achieve “net-zero” carbon emissions while strengthening resilience—the ability to adapt to increasing climate volatility. The focus of this talk will be on the Chemical and Materials industries, while future talks in this series will explore other industry sectors.