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Materials Imagine if every substance we used to build our homes, our transportation systems, our everyday household products — everything — was made in a way that created value for society while avoiding emissions. Imagine materials designed to fufil their purpose — be it insulating, conducting or strengthening — to the highest standard, and doing so in a way that sets us on a pathway to drawing down more carbon than we emit. Once again, the technological breakthroughs required to make this future a reality have, for the most part, already been made. Optimising the Environmental Return on Carbon Employed (EROCE) of materials that go into everything from buildings to vehicles is a critical aspect of the Carbon Productivity revolution. Replacing metals and glass with lighter weight, high-performance plastics in automotive manufacturing can, for example, lead to a reduction in tailpipe emissions — an example of a good EROCE. Carbon-based materials can deliver a similarly attractive EROCE when used to insulate buildings or protect food from being spoilt between field and fork, amongst other use cases. Given the catastrophic problem of plastic waste clogging up our land and water ecosystems, what happens to materials after use is clearly also a critical question. The Ellen MacArthur Foundation (EMF)’s New Plastics Economy report aims to set the standard in this area. Once again, the potential economic upside is significant too: EMF estimates that 95% of the value of plastic packaging, worth $80-120 billion annually, is currently lost to the economy.58 “We challenge the world to reimagine what we can do with CO2 emissions by incentivizing and accelerating the development of technologies that convert CO2 into valuable products. These technologies have the potential to transform how the world approaches CO2 mitigation, and reduce the cost of managing CO2.” NRG COSIA Carbon XPRIZE Finally, there’s the emerging potential to use captured CO2 as a feedstock for new materials. The XPRIZE’s Carbon Conversion Landscape Analysis (see figure 7 on next page) provides a helpful overview of where technologies are showing promise to convert CO2 into valuable products. 58 Ellen Macarthur Foundation, New Plastics Economy, https://bit.ly/2mp6VGI 21PDF Image | Our Carbon Future White Paper
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