The Romans used concrete to build the Colosseum in 70 AD. Two thousand years on, 30 billion tonnes of concrete are produced annually, and cement-making has become a major source of greenhouse gases, accounting for 8% of our global CO2 emissions. But now, we have the means to capture some of that carbon, with technology from a surprising source — the concrete-making industry itself.
COP26* was described by Chairman, Alok Sharma, as “our last best hope to keep 1.5oC in reach”. The COP had to deliver on its four main objectives to be considered a success, but failed, with emissions reduction pledges by the 197 attending countries leaving us on track for a dangerous 1.8 – 2.4oC global warming.
The announcement of the $2b Breakthrough Victoria Fund (BVF, ‘the Fund’) by the Victorian Government is an enticing carrot for fast growth and emerging businesses – but is it the right one for you? [I edited this piece on the Breakthrough Victoria Fund for gemaker]