Dr. Graeme Sweeney: The War Against Emissions
According to Dr. Graeme Sweeney, Executive Vice President of Future Fuels + CO2 for Shell Downstream Services, international action on climate change is a war against emissions, not a war on oil.
Sweeney stated in his address to the World Future Energy Summit that:
“Oil will have to be decarbonized with adequate technology.”
Asserting that there is a great deal of technology which would benefit substantially by being moved into the demonstration phase immediately, Sweeney confided that there will be a lot of learning to be done “along the way.”
Sweeney outlined three separate values inherent in pushing these technologies, such as carbon capture and storage techniques, into the demonstration phase.
1.) Validating the technology — Ensuring that it is robust and operationally sound
2.) Discovering the true cost — Factoring in hard costs, as well as externalities
3.) Set about reducing costs — Laying the groundwork for optimizing efficiency
Along the way, Sweeney asserted, government regulation needs to be matched and tailored to separate sectors so that significant controls and incentives can encourage innovation and the eventual application of new technologies.
Curtiss P. Martin grew up in a geodesic dome on the side of a mountain in Southern Appalachia. Now he serves as ScribeMedia's clean technology editor in a tall building in downtown Manhattan.
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