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Spotlight on ICAC's New Report: Innovations and Markets in Carbon Emissions Management

Wednesday, November 6, 2019  
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ICAC Spotlight on Recently Released Report: Innovations in Carbon Emissions Management

 

ICAC is pleased to share with you a recently released ICAC report, Innovations and Markets in Carbon Emissions Management. This report explores the next great emission challenge and the opportunity that lies in developing innovative systems that satisfy the scale, durability and, efficiency requirements for managing CO2 and other greenhouse gases (GHGs).

The report highlights the market and environmental opportunities in carbon emissions management (CEM), includes assessments of the various types of capture and utilization technologies, and examines the need for better policy that will encourage and attract investment to support CEM technology development and deployment.

Key takeaways from the report:

  • The buildup of GHGs is unlikely to reverse without significant contributions from CEM technologies.
  • CEM could become a multi-billion dollar technology market.
  • Many of the emerging CEM technologies also require adapting existing air pollution control equipment or components as part of their processes.
  • Absent industry engagement, such as through ICAC, policies are more likely to repeat old mistakes rather than reward renewed CEM investment and new market development opportunities.

View Full Report
View Report Summary

The launch of the ICAC report took place at last week’s event at the Bipartisan Policy Center (BPC), which included opening remarks from former Secretary of Energy Ernest Moniz. Secretary Moniz outlined conclusions from a recently completed 12-month study from the Energy Future’s Initiative on how to build an aggressive carbon dioxide removal research program. In addition, the event featured a panel discussion with Cathy Tway, Technology and Applications Director for Johnson Matthey, Richard Jackson, President of Oxy Low Carbon Ventures, Steve Oldham, CEO of Carbon Engineering and Jennifer Wilcox, James H. Manning Chaired Professor of Chemical Engineering at Worcester Polytechnic Institute. Each panelist commented on the ICAC report, highlighting messages that resonate with them and/or their companies.

To watch to the event, click here. The Ernest Moniz presentation begins around minute 22 and the industry panel discussion begins around 1.01.

We hope you find value in the enclosed report and report summary. The report is accompanied by an online compendium of over 300 carbon emissions management technologies and 450 projects worldwide using these technologies. To our knowledge, this is the most comprehensive database of global carbon emission management activities available. Those who have purchased access to the compendium will be able to view the technology or project details and the associated contact information. Additionally, users will have the ability to utilize the ICAC/AJW staff to engage further with any innovator or project manager. Much of this information is based on our direct engagement with technology developers and project managers in the development of this compendium. For additional information on the accompanying compendium of projects and technologies, visit www.icac.com/CEMInnovations.

Please feel free to reach out to me at cschulzki@icac.com or Haley Armstrong at harmstrong@icac.com to learn more about ICAC’s Carbon Emissions Management Division activities and how your company can tap into what could become the largest commercial opportunity the emissions management industry has ever seen.


Clare Schulzki
Executive Director
Institute of Clean Air Companies (ICAC)



Click here to view a PDF of this Spotlight.


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