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Spurring low-carbon electrosynthesis through energy and innovation policy

Reaching the climate targets set in the Paris Agreement on climate change requires decarbonizing all parts of the global economy. The electrification of industry processes—and more specifically, electrosynthesis (ES)—is an important decarbonization mechanism. To tap into this mechanism's potent...

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Detalles Bibliográficos
Autor principal: Schmidt, Tobias S.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7843494/
https://www.ncbi.nlm.nih.gov/pubmed/33554058
http://dx.doi.org/10.1016/j.isci.2021.102045
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author Schmidt, Tobias S.
author_facet Schmidt, Tobias S.
author_sort Schmidt, Tobias S.
collection PubMed
description Reaching the climate targets set in the Paris Agreement on climate change requires decarbonizing all parts of the global economy. The electrification of industry processes—and more specifically, electrosynthesis (ES)—is an important decarbonization mechanism. To tap into this mechanism's potential and accelerate the decarbonization of these processes, I argue that public policy needs to perform two tasks. First, energy policy needs to enable the provision of CO(2) emissions-free baseload electricity. Second, innovation policy needs to accelerate cost reductions for ES. Here, I discuss why this is the case, what the challenges are, how policy makers can address them, and how political ambition can be increased.
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spelling pubmed-78434942021-02-04 Spurring low-carbon electrosynthesis through energy and innovation policy Schmidt, Tobias S. iScience Perspective Reaching the climate targets set in the Paris Agreement on climate change requires decarbonizing all parts of the global economy. The electrification of industry processes—and more specifically, electrosynthesis (ES)—is an important decarbonization mechanism. To tap into this mechanism's potential and accelerate the decarbonization of these processes, I argue that public policy needs to perform two tasks. First, energy policy needs to enable the provision of CO(2) emissions-free baseload electricity. Second, innovation policy needs to accelerate cost reductions for ES. Here, I discuss why this is the case, what the challenges are, how policy makers can address them, and how political ambition can be increased. Elsevier 2021-01-09 /pmc/articles/PMC7843494/ /pubmed/33554058 http://dx.doi.org/10.1016/j.isci.2021.102045 Text en © 2021 The Author(s) http://creativecommons.org/licenses/by-nc-nd/4.0/ This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).
spellingShingle Perspective
Schmidt, Tobias S.
Spurring low-carbon electrosynthesis through energy and innovation policy
title Spurring low-carbon electrosynthesis through energy and innovation policy
title_full Spurring low-carbon electrosynthesis through energy and innovation policy
title_fullStr Spurring low-carbon electrosynthesis through energy and innovation policy
title_full_unstemmed Spurring low-carbon electrosynthesis through energy and innovation policy
title_short Spurring low-carbon electrosynthesis through energy and innovation policy
title_sort spurring low-carbon electrosynthesis through energy and innovation policy
topic Perspective
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7843494/
https://www.ncbi.nlm.nih.gov/pubmed/33554058
http://dx.doi.org/10.1016/j.isci.2021.102045
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