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Climate Deal Day work on energy related deals.

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Welcome to the Technology & Energy project notes. These will be edited over the course of Climate Deal Day. Stay tuned for more information as the day progresses. 

From CDD2 - March 23 in London

technology applications across sectors are going to require grid parity.  framing and reframing climate for deal and product innovation.  

10:10 - cutting 10% of carbon emissions annualized. the amount of carbon cutting needed to avoid carbon emissions.

online platform to create mass collaboration for cutting carbon emissions.

reframing the narrative around renewables. creating ways for everyone to have a stake in renewables. working to raise funds to retrofit schools for retrofits.

social networks and carbon calculations - creating standards for carbon calculators. new carbon calculator helps people link carbon action with their friends.

badges/scaled collaboration for sharing carbon footprints through social networks.

WCS for linking 10:10 to corporate employee engagement and consumer level engagement. - nokia - pwc - 

how to bring my10:10 into the US and to internationalize the status.

top needs: funding for development, partners for exposure, trialing in new ways - community groups, employee sets etc.

solar schools - funding for rollout (avg £3000 per kw) typical roof 10-30kw - raised from community and local businesses.  school ends up generating about £4k a year for 25 years. - £100,000 total.

connect to: architecture for humanity, palo alto - microwind generation

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Mina Guli, Peony Capital.

Mina: based in China. China is very keen to become greener. She is traveling around the world. The things she sees in China is the highest in getting green of anywhere. Where in the world can we make the biggest impact. 

Aimee: China is doing both - coal and green. 

Mina: China is going green not because of backroom dealings. China plans every five years. The next five year plan is coming out soon and it will be green front and center. If I am to do something in the green space, do I not use bottled water? No. I go to China and and work on it.

Graham: China is all about leadership. That is what they think about. Get equipment out there. They are very focused on being world leaders. 

Mina: New York to DC in 25 minutes... high speed train. Recommends reading wiki leaks tom friedman article: http://www.pressdemocrat.com/article/20101202/OPINION/101209931

China is moving forward rapidly. Has the time for foreign impact dwindled? 

When you think about climate deals there is a lot of opportunity.

Ann: "as someone who goes from New York to DC... very envious. How much does it cost?" Mina: "about $10, has WiFi, ect." 

Mina: Absolutely, China is going to lead the path to green. 

Stan: "China is the biggest climate deal of all." Yes.

Aimee: "Is there a role for the consumer?"

Mina: Always talkd about technology transfer. In this day in age we can't rely on philanthropy. How do we transfer the capital?

Partnerships with China to export their technology. 

Aimee: "partnership of Duke Energy to share."

Mina: "China needs to import 60% of the techonology to meet their targets. In wind and solar, they have the technology, but not in other sectors. where is the deal? it is the way to transfer technology into China from the west?

Jack: "Interesting collaboration between the east and west.... china huge crushing cost cutting. they have done it through high volume. Business breakthroughs instead of ... I think we can see 20 cents a watt. 

how to get that partnership? They have to license their technology. Suntech is an example. If you can figure out how to derisk.

Aimee: how can you keep the technology in the U.S.? How can we ... can a U.S. company compete in China. 

Mina: Far beyond U.S. and China. Our future relies on China. "look, we want to become green, we will buy the stuff from you, just give us. UNDP report says to reach its 45% target it needs ton. 

Graham: Two days ago he was talking with largest purchaser of fuels, in aviation. Their demand acceptance, or request. 

Mina: every flight is full in China. 

 

 

China is a deal. 

 

 

Key Questions:

What are the big deals that have occurred in technology and energy to date?

Can these deals be replicated, and if so, where, with whom, and how?

Where are ripe opportunities for new technology and energy deals? Are they in policy change or in projects themselves? What policy tools or financing mechanisms are working, where and how can we replicate those?

Who should we reach out to and involve going forward to help make gigaton-scale deals happen?