Joule, the pioneer of liquid fuels from recycled CO2, today announced that Tom Jensen, Executive Vice President Head of Corporate Development, will participate in the much anticipated COP21 summit, an annual conference that this year expects to bring 50,000 participants from more than 190 countries together to discuss solutions to climate change. At the event, kicking off in Paris this week, Jensen will be discussing the potential of carbon neutral fuels to supply the world’s mobility and transportation needs.
Joule will be presenting at the Enterprises pour l’Environnement (EpE) conference where Jensen will focus on the future of low carbon fuels and their ability to enable low carbon mobility, in addition to discussing the near term dissemination of Joule’s diversified technology solutions. Specifically, Jensen will be exploring how much transportation is possible with different mobility solutions within the next 15-35 years and the feasibility of these under the 2°C scenario in a moderated panel with executives from EpE, The Norwegian Trade Association, AXA, Ontario’s Ministry of the Environment and Climate Change and Saint-Gobain. This panel, “And now what? Business solutions for climate,” will be taking place on Friday, December 4 at 1:00 p.m. CET. EpE is an association of more than 40 French and international large companies from all sectors of the economy who want to make environmental considerations more a part of both their long-term planning and their day-to-day management.
Jensen will also be speaking at Low Carbon Technology Partnership Initiative's (LCTPi) Low Carbon Transport Fuels event to discuss the viability of Joule’s technology and low carbon fuel alternative to mitigate climate change and global warming, with a particular focus on how to achieve a carbon compliant transportation sector. At the LCTPi event, Jensen will be joined by executives from WBCSD, Audi, Granbio, POET and Pannonia. The session will take place at 9:30 a.m. CET on Saturday, December 5 at Le Bourget. LCPTi is a program led by the World Business Council for Sustainable Development (WBCSD), Sustainable Development Solutions Network (SDSN) and the International Energy Agency (IEA) which provides a platform for international companies and stakeholders to work together on shared action plans for the large-scale development and deployment of low carbon technologies.
"As the world’s most influential leaders and innovators come together for this pivotal COP21 event, we look forward to participating in the transition from conversation about climate change to developing technologies, partnerships and policies that will enable changes to improve our planet,” said Jensen. “The entire Joule team remains highly dedicated to achieving a carbon compliant transportation sector and we are optimistic that our diversified technology platform will help demonstrate at COP21 the feasibility of financially viable low carbon fuels.”
COP21, organized by the United Nations Environment Programme, will convene cross-sector participants from business, government, finance, UN, NGO and civil society from all over the world in an effort to achieve a legally binding and universal agreement on climate, with the aim of keeping global warming below 2°C. Additional information is available at www.cop21paris.org.
Joule develops technology platforms for the production of sustainable, drop in, low carbon transportation fuels. The company pioneered a direct CO2-to-fuel production platform, effectively reversing combustion through the use of solar energy. This platform applies engineered catalysts to continuously convert waste CO2 directly into renewable fuels such as ethanol or hydrocarbons for diesel, jet fuel, and gasoline. Flexible to utilize a variety of feedstocks, geographies, and climates, Joule’s processes enable unrivaled scalability and volume at optimal cost. Joule is privately held and has raised over $200 million in funding to date, led by Flagship Ventures. The company operates from Bedford, Massachusetts and The Hague, The Netherlands with production operations in Hobbs, New Mexico.
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