Insights

Carbon Capture: A Business Opportunity in the Global Low-Carbon Economy

On October 3, the Global CCS Institute organised an event at the National Press Club in Washington DC.

Innovation and low-carbon policies are driving the development of clean energy technologies around the world. However, only a small number of these policies are devoted to carbon capture, despite its outsized importance in reducing emissions. The discussion explored how one country, Norway, has fostered the development of its carbon capture infrastructure, as well as the emerging business case for carbon capture in the U.S. and globally.

Speakers included:

  • Trude Sundset, Gassnova SF, CEO: Norway’s State Enterprise informing on the development of realizing a full-scale CCS infrastructure by 2022
  • Thina Saltvedt, Nordea Bank Norge, Chief Analyst: The global business perspective on climate change: Can carbon capture play a role?
  • Rich Powell, ClearPath Foundation, Executive Director: A market-oriented perspective on carbon capture policy and its importance in the clean energy economy
  • Steinar Eikaas, Statoil, Vice President, New Energy Solutions: Statoil operates upstream operations in the U.S., and the world’s most successful CCS project in the North Sea
  • Pål Mikkelsen, Fortum Oslo Varme, CCS Director: Capturing carbon from industrial waste is a growing business and environmental opportunity
  • Moderator: Jeffrey Bobeck, Global CCS Institute

Here is a recording of the event: