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PRIORITIZATION A final set of questions in this survey were aimed at understanding how stakeholders would rank the importance of this space compared to other key climate and clean economy sectors, such as renewables, energy storage, electric vehicles, and others. If they had to choose today, how would they prioritize societal investment and support in these sectors versus the carbon-to-value space and why? Though we assumed there would be some meaningful bias toward the carbon-to-value space given the stakeholders in our circles that we asked to participate in this survey, we wanted to see how even this likely favorably disposed audience would prioritize sectors (Figure 16). It is critical that advocates of this space have a clear view of how much weight its key audiences attach to it in the bigger picture. RESULTS AND DISCUSSION COMMUNICATING THE VALUE OF CO2 19 KEY TAKEAWAYS • By a clear margin, respondents felt that public and private support should focus on renewable energy over the next 10 years. • Conversion of CO2 into products should share second priority with energy storage and efficiency, suggesting that it should not be considered “instead of” renewables but rather “in addition to.” • “Renewable Energy” emerged as the most important priority in the clean economy sector. • “Conversion of CO2 to products” ranked very closely with “Energy Efficiency” and “Energy Storage” in priority, as the second most- important priority in the clean economy sector. • It is not surprising that the conversion of CO2 into products was high on the list of priorities, given that the target audience were those involved in that sector. With the fall in the price of renewable power it has given people hope that CO2-based products will someday compete on price.PDF Image | Xprize Carbon Communicating Value CO2
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