(32b) Life Cycle Thinking and the Energy Transition: The Path to Sustainability and a Circular Economy
AIChE Spring Meeting and Global Congress on Process Safety
2022
2022 Spring Meeting and 18th Global Congress on Process Safety Proceedings
Topical 4: The 34th Ethylene Producers Conference
Panel Session – Energy Transition & Decarbonization – “Big Picture View”
Monday, April 11, 2022 - 2:30pm to 2:55pm
Global energy and environmental challenges have spurred an increased focus on sustainable sources of energy while global investments in the green energy sector have surged. Low-carbon, âzeroâ emission technologies and the scientific advancements required to facilitate the energy transitionâsuch as wind turbines, solar photovoltaic panels, and lithium-ion batteries for electric vehicles and energy storage systemsâare pivotal advancements for the energy transition. Global energy production, rising concerns of climate adaptation, and the plastic waste crisis have increased focus on sustainable sources of energy, decarbonization efforts and waste reduction strategies such as advanced recycling of plastics. However, with a national and global focus on a climate plan that prioritizes clean energy, circular economy and sustainability, it is critical to integrate life cycle dimensions into future policies to identify, quantify, and assess the social, environmental, and economic implications of products, processes and technologies across their life cycles. Transforming the energy, plastics and waste management sectors and evolving to a circular economy will only be sustainable if systems-level impacts along the entire value chain are appropriately measured.