Hardware Podcasts

Advance market commitments to decarbonize heavy industry

Catalyst · 15 Dec 2022 · 52m

What this episode covers

Varun Sivaram, managing director for clean energy and innovation in John Kerry's office, explains the First Movers Coalition (FMC), a public-private partnership involving 66 companies and 9 governments to create demand for low-carbon industrial products. The coalition targets eight 'hard to abate' sectors—including steel, aluminum, cement, chemicals, shipping, trucking, aviation, and carbon dioxide removal—by setting stringent, technology-forcing standards for 2030 purchase commitments. Sivaram details how the FMC’s demand-side commitments complement the supply-side incentives of the Inflation Reduction Act (IRA) to accelerate the scaling of emerging technologies like green steel and sustainable aviation fuels (SAF).

Most relevant to

early-stage companies

Topics

Mentioned

Companies
Ford, Volvo, Skania, Delta, United Airlines, LanzaTech, HIF Global, Breakthrough Energy, Energy Hub
Also
First Movers Coalition, John Kerry, World Economic Forum, Frontier Fund, Inflation Reduction Act

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