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Borealis to invest in new RTO to reduce CO2 emissions at Porvoo polyolefins plant - Chemical Engineering
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headquarters. thank you for joining chris and i. give us a sense of what you will do in terms of public/private partnership to make a dent in this situation with carbon emissions. well, the key to getting increased commitments to avoid the temperature rise that we want to avoid is going to be innovation. we need to bring cost premium for being clean down. and the partnership that s key to that is governments funding basic research and private investors, like the group of 28 people i brought together, to take the high-risk venture investments and turn those into products so we can have clean energy that s not more expensive than today s hydrocarbon energy. how difficult was it to get the 28 together? did you have to make any personal guarantees to some of these guys?
been doing it for decades. and this is a beauty parade of collaborators who will all benefit from the financial investments that ll be forthcoming based on fear. and i don t think that that really answers the question of climate change because the climate has always changed. we ve always had to adapt and adjust. this is a few elite people who are trying to shock the nation into spending money where they can make money. you know, i ve asked some of the players here, all right. let s assume you re right. it s a big stretch to say you are. then what do we do to prevent it? well, what are we going to spend? what are the insurance policies we re going to take out? i don t get a straight answer. well, first, we need a strong economy. we can t have a strong because people need a job. the economy needs investment. and some of that investment needs to include hydrocarbon energy. because we don t have alternatives to substitute for it. and if we re really concerned