Building a renewable carbon economy

Synopsis

Renewable carbon entails all carbon sources that avoid or substitute the use of any additional fossil carbon from the geosphere. Renewable carbon can come from the biosphere, atmosphere or technosphere – but not from the geosphere. Renewable carbon circulates between biosphere, atmosphere or technosphere, creating a carbon circular economy.

In order to fight climate change, we need to curb our consumption of fossil resources. Therefore, we need renewable carbon. Fossil carbon shall be completely substituted by renewable carbon, which is carbon from alternative sources: biomass, CO2 and recycling.

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Speaker

Michael Carus, nova-Institute and Renewable Carbon Initiative (DE)

Nova-Institute

Michael Carus is a physicist and one of Europe's leading experts, market researchers and policy advisors on the renewable carbon economy – including bio-based, CO2-based and recycling. In late 1994, together with five other scientists, he founded the private and independent nova-Institute for Ecology and Innovation. From the beginning, he has been involved in the company as an owner and one of the two managing directors. Today, the nova-Institute employs nearly 50 scientists from a wide range of disciplines, covering markets, technologies, sustainability, communication and policy. In 2020, he founded the Renewable Carbon Initiative (RCI), which today has almost 70 members from the chemical and materials industries. He is one of the two executive managers of the RCI.

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