The 20th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) will be held from 1 to 12 December in Lima, Peru. IPIECA will attend and will host a side-event on ‘Unburnable carbon in the context of the future energy system’ on 6 December 2014 at the IETA Pavilion (in the country delegation area of the main COP-20 arena), between 12.00 – 13.30.
The concepts of ‘unburnable carbon’, ‘stranded assets’ and a ‘carbon bubble’ have been promoted by a number of groups, gaining the attention of investors, academics and the media. This session on unburnable carbon will explore some of the arguments and assumptions involved in these concepts and put them into a wider perspective of the future energy system, and the role of mitigation technologies such as CCS, recognizing the importance that oil and gas bring to modern living standards and economic growth.
This side-event on unburnable carbon will feature:
- Exploring the concept of unburnable carbon – Robert Siveter (IPIECA)
- CCS as a critical part of the carbon budget - Tim Dixon (IEA-GHG)
- The progress, opportunities and challenges for CCS - John Scowcroft (GCCSI)
- Chevron perspective - Arthur Lee (Chevron)
- Eni perspective - Renato de Filippo (Eni)
- Q&A and audience discussion
- 21 November 2014