Graciela Chichilnisky gives keynote speech at World Future Energy Summit in Abu Dhabi
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Transcript of Graciela Chichilnisky gives keynote speech at World Future Energy Summit in Abu Dhabi
According to the UN IPCC Fifth Assessment Report &
the 2015 Paris Agreement, Carbon Negative
Technology™ is now the only way to avert catastrophic
climate change:
Direct Air Capture of Carbon
Dioxide (CO2)
THE CLIMATE CHALLENGEAtmospheric CO2 levels rising..
GT Answers This Critical Challenge by Profitably Capturing Atmospheric CO2
for Productive Industrial Use – Creating Abundant, Reliable, Low Cost Supply Wherever Needed
o Atmospheric CO2 levels continue to rise
o 20% increase in the last half century
o Hit 400ppm in 2013, for the first time
..Huge demand for
CO2 unmet..1..Due to three critical
issues
Limited, Stranded Supply
of CO2: Natural subterranean
reserves are limited. Supply is
depleting and geo-specific. Other
sources are inadequate
High Capture Costs: Competing carbon capture
methods prohibitively expensive
Difficult to Transport: CO2 is difficult to transport
economically. Trucking and
pipelines require significant capital
investment for an inefficient process
Industrial Markets:Over $1tn, including: Food & Beverages,
Enhanced Oil Recovery, Refrigeration
& Greenhouses, Carbonates,
Concrete/Cement, Polymers,
Graphene, Crop Improvement
Oil & Gas:Enhanced Oil Recovery (EOR),
Clean up of Natural Gas
Processing
Renewable Fuels:Algae Biofuels, Synthetic
Gasoline
1. Appendix: CO2 – A MARKET FLOODED BY DEMAND
GT’s Competitive Advantage vs. Existing Supply
ENORMOUS UNMET DEMAND FOR CO2
COMMERCIAL VALUE PROPOSITION
PARTNERSHIPS
Partner Scope Activity
SRI International Technology Pilot plant operation and R&D; lab testing
BASF Strategic Sorbent development and supply; lab testing
Corning Haldor Topsoe Strategic Monolith development and supply
Linde Commercial Carburetor Pilot and production
Georgia Tech Technology Sorbent R&D; quality control
Streamline Automation Technology System design, engineering, optimization
Carmagen Engineering Technology System design, engineering, optimization
Summit Power Commercial Production
NRG Commercial, Financial Production, financial sponsorship
VICE Media Strategic Platform promotion and awareness
GT increasingly collaborates with industry-leading technology, strategic and commercial partners
LEADERSHIP