Episode
52

The Road to Net-Zero Carbon Emissions

June 29, 2022
|
Duration:
2070754
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In This Episode:

Join energy coaches David Arkell and John Pooley with producer Lysandra Naom on an episode about the road to net-zero carbon emissions. This episode features three carbon strategies: carbon dioxide emission reduction, carbon offsets, and carbon capture and storage. Join us to learn about what these strategies are, how they work, who is most likely to use it, benefits, and challenges. Check out our 360 Carbon Excellence Program.

Highlights

  • Introduction to Net Zero Strategies: The team distinguishes between three key approaches: carbon reduction (reducing emissions within an organization), carbon offsets (funding external carbon-reduction projects), and carbon capture and storage (capturing emissions before they reach the atmosphere).
  • Steps to Carbon Reduction: Key measures include energy efficiency improvements, fuel switching, and purchasing renewable energy. Initial steps involve reducing unnecessary equipment use and upgrading to energy-efficient technologies.
  • Common Misconceptions: Many organizations prioritize carbon offsets as their primary strategy. The team emphasizes that offsets should be a last resort, following direct emission reductions.
  • Carbon Offsets Explained: Carbon offsets help balance emissions by supporting carbon-absorbing projects like forestry. However, limitations include verification challenges and the risk of over-reliance on offset markets.
  • Carbon Capture and Storage (CCS): This technology captures carbon emissions at the source and stores them underground. While effective for high-emission industries, CCS is costly and requires extensive infrastructure.
  • Key Insights

    • Prioritize Direct Emission Reduction: Reducing energy waste and improving efficiency offer immediate benefits, including cost savings, making these approaches preferable to relying on offsets or CCS.
    • Practical Benefits Beyond Cost: Carbon reduction practices improve operational efficiency, safety, and product quality while fostering collaboration and organizational improvements.
    • Challenges with Carbon Offsets: Verifying offset effectiveness is challenging. Companies must ensure offsets are certified and audited to prevent "double-counting" or investing in ineffective projects.
    • Long-Term Role of CCS: CCS has potential but requires specific geological conditions and is best suited for high-emission industries like steel or cement. It is not a quick-fix solution.
    • Consideration of Broader Environmental Impact: Sustainable choices should account for all environmental factors, including the impact of renewable energy and social considerations, to ensure a holistic and sustainable approach.
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