SESSION 1, CO2 : the context
Chair: Claude Fussler, Global Compact, United Nations.
To control the atmospheric concentration of CO2 below the recommended 450 ppm level for an acceptable climate risk, most scenarios include the development of technologies to capture and store carbon dioxide emitted by large power, cement and steel factories.
Therefore carbon capture and storage gets attention, development finance and investments in pilot operations. The availability and social acceptability of permanent underground storage is also under investigation. But why not complete this capture effort and cost with a revalorisation option instead of permanent storage?
CO2 is a very stable molecule but its carbon is the backbone of valuable chemicals and polymers with vast markets.
The Forum’s first session will review the context of climate mitigation and CO2 revalorisation options. It will review the essential scientific findings that prevail over the recent challenges to the assessment of Intergovernmental Panel on Climate Change; it will look at the policy scenarios that evolve in the international negotiations and it will provide an economic analysis of the range of future costs and values to keep CO2 out of the atmosphere.
It will therefore provide useful perspectives to the community of scientists and entrepreneurs dedicated to CO2 revalorization. It will also provide space for questions, discussions and recommendations that could improve policy decisions in favour of the revalorization solutions.