Industry Matters: Smarter Energy Use is Key for US Competitiveness, - PowerPoint PPT Presentation

Industry Matters: Smarter Energy Use is Key for US Competitiveness, Jobs, and Climate Efforts 1

Deploying Commercialized Co-Generation and PATHWAYS TO REDUCING Industrial Efficiency Technologies INDUSTRIAL SECTOR GHG Innovating Advanced Manufacturing EMISSIONS AND ENERGY Technologies WASTE Moving the Industrial Sector to Clean Energy Fuels and Electrification Innovating Industrial Carbon Capture, Utilization and Sequestration (CCUS) Technologies and Building Out CCUS Infrastructure Scale Up Industrial Production of Low-emission Gases and High Efficiency Refrigeration and Air Conditioning Equipment 17

PATHWAY 1: Deploying Commercialized Co- Generation and Industrial Efficiency Technologies 18

PATHWAY 2: Innovating Advanced Manufacturing Technologies Smart Manufacturing Process Heating Additive Manufacturing AKA “3D Printing” Wide Band Gap Semiconductors 19

PATHWAY 3: Moving The Industrial Sector To Clean Energy Fuels And Electrification Small Modular Reactors (SMR) Geothermal Solar Thermal 20

PATHWAY 4: Innovating Industrial Carbon Capture, Utilization and Sequestration (CCUS) Technologies and Building Out CCUS Infrastructure 21

PATHWAY 5: Replacing HFCs with Non-GHGs 22

INTERNATIONAL TRENDS • China, Japan, and the EU have developed specific industrial emission reduction strategies. • Over 40 countries use some form of carbon-pricing mechanism. • As of 2017, almost 1,400 companies worldwide were disclosing their current or planned use of carbon pricing. • According to Bloomberg New Energy Finance, global clean energy investment in 2017 was $333.5 billion. • The United States fell behind 11 countries in Europe and Asia in terms of government investment in energy RD&D (as a % of GDP) in 2015. 13

CHINA AS A CASE STUDY • Restricting growth of energy- and carbon-intensive industries. • Made in China: Cut energy intensity 18% by 2020 and 34% by 2025. • Emissions Trading System. • Progress in next-generation technologies. 23

JOBS FOR AMERICAN WORKERS • Large portion of manufacturing workers are employed in the production of energy efficiency and low carbon emission technologies • ~300,000 employed in energy efficiency manufacturing • ~500,000 employed in manufacturing component parts that increase vehicle fuel economy • 1 in 5 construction workers (~1.27 million) build/install energy efficient technologies 8

Contact: Ryan Fitzpatrick rfitzpatrick@thirdway.org Jessie Stolark jstolark@thirdway.org 24