To reach the ambitious goals of the Paris Agreement, global CO2 emissions must be reduced by more than 80% from current levels by 2050. This will require a portfolio of solutions that includes conservation, efficiency, new technologies and innovative approaches. Leveraging existing infrastructure will be central to keeping the cost of energy transitions manageable, as will developing new supply chains to facilitate successful transitions. Capturing CO2 and developing a carbon capture, utilization and storage (CCUS) value chain will be a critical part of the journey.
Mitsubishi Heavy Industries (MHI) is the largest supplier in the carbon capture business and has been developing CCUS technology for over 30 years. MHI is currently in the design stages of the world’s first negative-emissions project with a capacity of at least 8 million tons of CO2 annually.
MHI and the Baker Institute Center for Energy Studies (CES) hosted a discussion with Jerrad Thomas, business development manager at Mitsubishi Heavy Industries, and Kenneth B. Medlock III, senior director of CES, on how CCUS can be used to decarbonize sectors such as coal, cement, LNG, marine resources and more. They also discussed MHI’s CCUS value chain framework — the Breeze CONCEPT — and its three areas: CO2NTAIN, CO2NNECT, and CO2NVERT.
This webinar was sponsored by the Baker Institute Center for Energy Studies and Mitsubishi Heavy Industries. Follow @CES_Baker_Inst on Twitter or LinkedIn, and join the conversation online with #BakerEnergy.
3:00 p.m. — Presentation
3:30 p.m. — Q&A
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Business Development Manager, Mitsubishi Heavy Industries
Kenneth B. Medlock III, Ph.D.
James A. Baker, III, and Susan G. Baker Fellow in Energy and Resource Economics; Senior Director, Center for Energy Studies, Baker Institute