CEENRG: Managing fossil fuel assets and carbon storage for the net zero transition

Speaker: Dr Conor Hickey, Assistant Professor in Climate, Environmental & Urban Policy, Department of Land Economy, University of Cambridge

Reaching net zero requires major reductions in fossil fuel use, along with removing emissions from any remaining consumption. This talk will outline Conor’s research on how these reductions affect the economies of scale and scope of fossil fuel infrastructure, and the resulting impacts on firms and energy markets as we move toward climate targets. It will also highlight findings from his recent publication in Joule, which explores how firms can use portfolios of carbon dioxide removal (CDR) projects to offset fossil fuel emissions. The study finds that portfolio approaches enable forest and biochar projects to help stabilise global temperatures over centuries. However, to ensure long-term climate stability, these portfolios must transition fully to geological storage by the time net zero is reached.

There is no need to register if you plan to attend the seminar in person. However, if you would like to join the seminar online via Zoom, please register via the link. Upon registering your interest in this form, you will receive an e-mail with the Zoom meeting link ON THE DAY OF THE SEMINAR. Entering your name and organisational affiliation is optional. Your details will only be used to send you the Zoom meeting link and will not be shared with any external parties.

Cambridge Centre for Environment, Energy and Natural Resource Governance (CEENRG) series