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Webinar Description:
The latest report from the UN IPCC made clear that to get the world on to a 1.5C pathway, carbon dioxide removal or negative emissions will be essential to counterbalance hard to abate residual emissions.
But how can negative emissions projects, such as direct air capture (DAC), biomass energy carbon capture and storage (BECCS), and nature-based solutions, be delivered at sufficient pace and scale? How can companies be convinced to invest in emerging carbon removal technologies and build on the various successful pilot projects that are now up and running around the world? And how can policymakers help minimise the cost of delivering negative emissions?
One potential option is to build on one of the most successful climate policy mechanisms of the past decade: emissions trading schemes (ETS).
The UK government is currently consulting on whether negative emissions could be integrated into the country’s new domestic ETS, while recent papers from the Energy Systems Catapult and Oxera have explored reforms could help catalyse the development of new carbon removal projects.
This exclusive BusinessGreen webinar will bring together leading experts in carbon removal and emissions trading policy to explore the pros and cons of integrating negative emissions into established carbon markets and explore how reforms to the ETS could help accelerate the development of projects that could prove critical to the net zero transition.
Panellists
James Murray is Editor-in-Chief of BusinessGreen, having launched the site in October 2007. He is responsible for BusinessGreen's leading news, opinion and analysis, and also contributes to the brand's expanding events' programme. James is one of the UK's leading commentators on the low carbon economy. He writes occasionally for The Guardian newspaper and has also reported for BBC Radio on a number of green technology stories. James reports daily on a wide range of green business issues, with a particular focus on low carbon policy, economics and technology. In March 2011, James was voted number eight in the Press Gazette's list of the top 50 environmental journalists in the UK. Prior to launching BusinessGreen, James spent five years as a technology journalist working on a variety of IT titles.
Angela’s role at Drax is focussed on helping the company deliver its world-leading to be carbon negative by 2030, as well as demonstrating how Drax will be play a major role in the energy transition. She is focusing on the development of bioenergy with carbon capture and storage (BECCS) at Drax Power Station near Selby, North Yorkshire, as well as internationally, and the sale of high integrity carbon removal credits to enable corporates to meet their net zero goals. She has over 20 years’ experience in policy development and implementation, starting her career working at the heart of Government, advising Ministers on energy policy issues. During her time at EDF, she led the development of plans to build a new nuclear power station at Sizewell, before taking up the role of Policy Director, providing strategic advice on the energy policy agenda, including retail and power generation issues. She is a Powerful Women Ambassador, with a real commitment to supporting other women in the energy industry.
“Paul Davies chairs the Coalition for Negative Emissions’ commercial working group; the industry body established to help deliver the carbon removals market, recently writing Delivering the 'Net' in 'Net Zero', a paper that describes the objectives of the Coalition and what is needed to develop a broad and deep negative emissions market.
He previously chaired the Carbon Capture and Storage Advisory Group which developed the business models underpinning the rollout of CCS in the UK, and now leads a working group with the CCS Association to develop CO2 Shipping. Paul is a long term infrastructure specialist having worked for over thirty years in project finance and as a partner at PwC.”
Sahar jointly leads Oxera’s Energy and Climate Economics practices. She specialises in finance, with a focus on the economic regulation of utilities. She has advised companies and regulators across the UK, Europe, the Middle East and Australasia. Sahar has been seconded as a lead Economic Adviser to the UK Competition Commission (now the Competition and Markets Authority, CMA) to advise on regulatory finance issues.
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