Decarbonization - the pursuit of Net-Zero or no green-house gas emissions in the usage of energy, is being driven by mankind's shared respect for the environment, the planet, the climate. The goal of Net-Zero - no carbon for energy, we are learning is not achievable nor is it desirable; it is being fueled by highly emotional arguments backed by various measures of climate change to save a dying planet. At the same time, the global demand for energy continues to grow particularly in India and China where coal energizes their economies. And it is clear that most agree that carbon for energy will always comprise some - albeit smaller, portion of the world's mix of energy sources.
That mankind should better manage an energy transition is the aim of geo-political action and innovation. It is only logical that we sober up and simultaneously learn to adapt to climate change AND to go fast in the energy transition ... but not too fast.
Avoiding volatility in the supply of energy is essential. Energy shortages and the associated economic shocks have serious consequences. Such shocks can derail any geo-political commitment to the energy transition. Canada can play an essential role in buffering such shocks as a low carbon emissions energy supplier, an honest broker, and an innovator.
The KEI Network is hosting three webinars in December DECARBONIZATION - an Alberta perspective. The first -Thursday December 2nd, HERE explored the breath and depth of the energy industry and the forces and sources of change that are rapidly shaping the industry. The second - this Thursday December 16th, is exploring innovation including current and emerging technologies and their anticipated value for addressing climate change. The final webinar, December 23rd will take into account what we've learned and formulate a pathway to energy, economic, and environmental sustainability.
Save the dates. Share your views. Invite your colleagues. The discussion promises to be insightful if not controversial.