Fwd: Red Hydrocarbon - call for speakers, Stavanger and London conference

[Andrew Lockley]

---------- Forwarded message ----------
From: "Vivian Scott" <vivian...@ed.ac.uk>
Date: 12 Jan 2015 10:18
Subject: Fwd: Red Hydrocarbon - call for speakers, Stavanger and London conference
To: "andrew....@gmail.com &gt;&gt; Andrew Lockley" <andrew....@gmail.com>
Cc:

Hi Andrew,
Might be of interest to some on the list
best

Viv

Call for speakers - Red Hydrocarbon conference Stavanger, May 6 2015 London, May 11 2015 Dear Vivian, Carbon Capture Journal is looking for speakers  and members of a steering committee for two conferences we are planning in May 2015 in Stavanger and London exploring Dr Rex Gaisford's idea of Red Hydrocarbon - balancing hydrocarbon production against carbon capture and storage.   The basic idea is that we create a hydrocarbon market - which we call "Red Hydrocarbon" dedicated to uses for hydrocarbons where there is no net emission to the atmosphere - either because they are burnt in a coal power station with carbon capture, or other carbon removal technique, or used for non combustible applications like making paint, or where the emissions are offset against carbon capture elsewhere.   From regulatory and economic viewpoints, we think there are many reasons why this could be a much more effective way to manage emissions than current schemes including the emissions trading scheme and we move away from taxes and subsidies to cajole compliance.    A regulator can dictate that production of normal hydrocarbons, which we call 'black', are limited to the amount allowed under the IPCC curve, and anything beyond that needs to be red. The % red hydrocarbon in the mix can gradually increase from 0 to 100 over a few decades as required. The entire process is managed within normal markets without the need for government intervention and importantly we think that all the capital investment can be raised commercially without dipping into the public purse.   From a marketing standpoint, we think that there are many possible market drivers to be explored for a 'red hydrocarbon' derivatives market - including; electricity, petrol or gas derived from red hydrocarbon.   For example, an energy investor may prefer to invest in oil companies which produce a certain percentage red hydrocarbons, as a response to concerns that otherwise they may not be allowed to produce all of their reserves due to future environmental constraints.   An energy buyer - which could be a large buyer such as an airline or retail chain, or a individual residential buyer - may wish to spend a little more for electricity or petrol which has a certain percentage red.   Running the calculations, a country like the UK may have 50m electricity buyers average £1000 per year. If 5% of these are willing to spend 10% more for a mix of electricity which is 25% red, that generates £250m a year, so raising additional investment funding.   But getting the Red Hydrocarbon market off the ground will require people with expertise in marketing, regulation and regulatory lobbying, oil and gas industry, market building and many other areas.    We are looking for people who have expertise who might be willing to share it at one of our conferences - or people who have ideas - or people who are interested in joining a steering committee.    For example, people with ideas about: how to start up a market + supply chain for red hydrocarbon sold at a premium to energy buyers how to assess the potential size of this market how to set up a trading scheme for carbon capture services or red hydrocarbon, maybe involving futures how to avoid the pitfalls of ETS how to get regulators more interested how to enable regulators to encourage this without looking (to their electorate) as though they are increasing the cost of motoring how to enable oil companies to participate without any direct cost increase how to manage all of the associated information whether Germany would pay extra to import red hydrocarbon based electricity who might be willing to invest to set up a trading market how to maintain the energy and enthusiasm behind the scheme for decades For a more in-depth understanding of how the dual hydrocarbon market could work you can read Dr Gaisford's paper here.  You can see about our plans for our conferences in Stavanger on May 6 here and our conference in London on May 11 here. We'll be posting updates about the Red Hydrocarbon project on our blog site RedHydrocarbon.com. If you are interested in keeping up to date, you can sign up for the Red Hydrocarbon newsletter here. If you might be interested in participating, please contact Rex Gaisford on r...@rexconsult.com.  We hope to hear from you soon Kind regards Dr Rex Gaisford Karl Jeffery

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[Stephen Salter]

Hi All

The site 

http://theenergycollective.com/nrdcswitchboard/2179601/cleaner-ships-and-trains-coming-your-way

has something about the International Maritime Organization enforcing a 35-fold reduction in sulphur emissions from ships with effect from the beginning of this month.  Can anyone predict the effects of removing this bit of unintentional geo-engineering?

Stephen

Emeritus Professor of Engineering Design. School of Engineering. University of Edinburgh. Mayfield Road. Edinburgh EH9 3JL. Scotland S.Sa...@ed.ac.uk Tel +44 (0)131 650 5704 Cell 07795 203 195 WWW.see.ed.ac.uk/~shs YouTube Jamie Taylor Power for Change

[Andrew Lockley]

Jason Blackstock did a bunch of really good work on this. I never saw it in print.

A

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