New business opportunities in a low carbon economy

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Transcript of New business opportunities in a low carbon economy

Page 1: New business opportunities in a low carbon economy

New Business Opportunities in a

Low Carbon Economy

Dr Chris Preist

[email protected]

Page 2: New business opportunities in a low carbon economy

…environmental issues aren't a fad, climate change isn't just an emergency; like globalisation it is a force that will shape and reshape the business landscape

for decades to come.

Thomas A. Stewart,

Editor of the Harvard Business Review

’’‘‘

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Strategies for Success….

• Jump on a Big Bandwagon…. Carefully!– Renewable Energy

• Help create a new bandwagon.– Food Emissions

• Develop Enabling Services– The IT industry

• Low Carbon as part of a package– Newspaper Publishing

• Anticipate Future Needs– Geoengineering

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Jump Carefully on a Big Bandwagon

• EU and China committed to 20% renewable

energy by 2020

• EU aims to invest €50Bn in energy R&D over

the next 10 years

– €6Bn Wind; €16Bn Solar; €9Bn Bioenergy

• BUT Recession could cut solar panel industry

in half by end of next year

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Improve the State of the Art - BrightSource

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Try Something Different - Magenn

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Try Something COMPLETELY Different -

AVETech

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Help create a new bandwagon

• Food is responsible for 20% of (consumption

based) climate emissions of UK.

• Much of this is non-carbon: Methane from

animals and Nitrous Oxide from fertilizer use.

It will be untouched by advances in efficiency

and generation.

• Currently receives little governmental

attention – But that is likely to change

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Capture and Reuse: BioEnergy Solutions

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Change Intestinal Flora - Queensland

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Cut out the ‘Middleman’ – The Netherlands

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Enabling Services

• Climate Change and Decarbonisation requires

massive Information Management – and the

IT companies know it!

• Powerful corporates such as Walmart are

requiring detailed information from their

supply chain.

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Dynamic Carbon Footprinting - SAP

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Part of a Package

• Smaller sources attract less government

attention (and funding)… but still are under

pressure.

• Carbon reduction alone will not justify action

economically, but may contribute to a

justification.

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Personalised Print on Demand Newspapers

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Anticipate Future Needs

• A number of climate scientists believe that

emissions reductions may not be enough to

prevent positive feedback cycles.

• ‘Plan B’: Geoengineering

• Currently funding is almost nonexistent, but in

15-20 years there could be large scale public-

private partnerships in this space….

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Atmospheric Sulfate Particles

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Deep Ocean Sequestration - Atmocean

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Lots More….

• City Eco-retrofit (€11Bn EU planned)

• Flood prediction and adaptation

• Agricultural adaptation

• Carbon Capture and Storage

• Reduced Emissions from Deforestation

• Carbon Sequestration - Biochar

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Points to Consider

• Understand the scale of the problem

addressed. Does govt attention/incentives

match the scale?

• Look at the whole lifecycle – and beyond. It

could bite you….

• Check for low-tech alternatives

• Relate to other business drivers. Do they

support or hinder the technology?