Circular Economy
Bringing together policymakers, manufacturers, and consumers and assessing all sectors and interconnectivities to develop a life cycle approach to the circular economy and moving to a zero waste future (materials and energy)
Bringing together policymakers, manufacturers, and consumers and assessing all sectors and interconnectivities to develop a life cycle approach to the circular economy and moving to a zero waste future (materials and energy)
Over 90% of the global economy continues to function with the unsustainable, linear “take-make-toss” process in relation to materials. Manufacturers rely on raw natural resources for processing and production, and the materials produced largely lack viability or end of use/life strategy. The circular economy looks to reduce waste in the life cycle of production and increase efficiency and effectiveness of recycling at the end of life for products.
Colorado School of Mines, the Payne Institute for Public Policy and our partners are working to address this issue and generate important research on the circular economy. Colorado School of Mines has expertise at every point of production. From the initial identification and extraction of natural resources, to processing, manufacturing, distribution, and product end-of-life reclamation. Through collaboration on campus with our geophysics, mining engineering, advanced manufacturing, mechanical engineering and chemistry departments and others. As well as off campus collaboration with NREL and various industry partners, the Payne Institute is connecting its breath of technical expertise with the world of public policy to bring the issue of the circular economy to the forefront.
NEWS
Colorado School of Mines awarded $10.5M in fuel cell funding 4/26/2024
Colorado School of Mines awarded $10.5M in fuel cell funding
Payne Institute Faculty Fellow Robert Braun is featured in this article about how his research team received three federal awards boost funding for fuel cell and hydrogen technologies research. The team is approaching this challenge from a multidisciplinary lens, with researchers bringing experience across cutting-edge fuel-cell research capabilities including new materials development, high-temperature electrochemistry, device design and characterization, ammonia chemistry, and systems integration. April 24, 2024.
Potential for small and micro modular reactors to electrify developing regions 4/19/2024
Potential for small and micro modular reactors to electrify developing regions
Mines Faculty Guillaume L’Her, R. Scott Kemp, Payne Institute Director Morgan Bazilian, and Faculty Fellow Mark Deinert write about how small-scale nuclear power is typically thought of for niche markets, however recent work has suggested that it could help address the massive gaps in energy access in developing countries. They present a global analysis of regions suitable for nuclear reactor deployment based on physical siting criteria, security, governance and economic competitiveness. April 19, 2024.
Hydrogen Tax Credit Rules Must Sync With Biden’s Climate Agenda 4/10/2024
Hydrogen Tax Credit Rules Must Sync With Biden’s Climate Agenda
Payne Institute Director Morgan Bazilian, Deputy Director Greg Clough, and Responsible Gas Program Advisor Simon Lomax write about how President Joe Biden’s climate change agenda is more aggressive than anything previously in US energy and environmental policy. But involving many federal departments and agencies in administering these initiatives introduces risks that must be managed, such as the danger of disorganization and conflicting policies from different parts of the US government that will make reducing carbon emissions slower and more expensive. April 10, 2024.
Making Sense of the U.S. LNG Pause: Five Key Data Points 4/9/2024
Making Sense of the U.S. LNG Pause: Five Key Data Points
Payne Institute Director Morgan Bazilian, Deputy Director Greg Clough, and Responsible Gas Program Advisor Simon Lomax write about how the Biden administration’s pause on liquefied natural gas (LNG) export approvals will be over in a matter of months. They provide five data points offer some critical clues. April 9, 2024.
The price of copper has been rising. That’s good news for the economy. 4/9/2024
The price of copper has been rising. That’s good news for the economy.
Payne Institute Faculty Fellow Ian Lange is featured on this podcast about the rising cost of copper. We say pretty regularly that if you want to figure out which way the global economy is headed, you should take a look at the price of copper. Because copper is used in so many things — power lines, appliances, vehicles, wind turbines, EV batteries. You get the picture. There is so much demand for the metal right now, the price of copper futures is at its highest since the middle of 2022. April 9, 2024.
Greening the black gold? How private carbon finance can tackle oil & gas 4/5/2024
Greening the black gold? How private carbon finance can tackle oil & gas
Payne Institute Sustainable Finance Lab Program Manager Brad Handler writes about how a set of entrepreneurs in the U.S. are considering how carbon finance and the Voluntary Carbon Markets (VCM) can be harnessed in new ways to lower greenhouse gas (GHG) emissions. Their target: oil and natural gas wells. These entrepreneurs are looking across the “lifecycle” of a well or a whole oilfield and, in the process, targeting different GHGs. April 5, 2024.
Inside the GOP probe of IEA 4/3/2024
Inside the GOP probe of IEA
Payne Institute Director Morgan Bazilian contributed to this article about how the US government has changed their narrative on the energy transition over the years. Climate activists have been steadfast been criticizing the government for underselling the odds of an energy transition. April 3, 2024.
US ratification of the ocean treaty will unlock deep sea mining 4/2/2024
US ratification of the ocean treaty will unlock deep sea mining
Payne Institute Fellow Alex Gilbert and Director Morgan Bazilian write about how hundreds of former political and military leaders are calling for the US Senate to ratify the UN Convention on the Law of the Sea (UNCLOS), the impetus being to open up deep sea mining to supply critical minerals needed for clean energy and military technologies. Deep seabed resources include highly valued minerals such as cobalt, nickel, and rare earths. April 2, 2024.
Hydropower production took a hit in 2023 3/28/2024
Hydropower production took a hit in 2023
Payne Institute Faculty Fellow Adrienne Marshall is on this podcast discussing how U.S. hydropower production was down 11% from the year before and dipped to a 22-year low last year, according to the federal Energy Information Administration. To make up for the hydro deficit, the U.S. bought natural gas power, which emits more carbon than hydro does, as well as some solar energy. March 28, 2024.
New Method for Tracking Down Methane Emissions on Oil and Gas Sites 3/27/2024
New Method for Tracking Down Methane Emissions on Oil and Gas Sites
Payne Institute Student Researcher William Daniels, Faculty Fellow Dorit Hammerling, and Director Morgan Bazilian write about how reducing methane emissions is a key component of short-term climate action. Empirical data and transparent models are key pillars of emission reduction efforts. Payne Institute researchers William Daniels, Meng Jia, and Dorit Hammerling have developed a completely open-source analytical framework for detecting single-source methane emissions, determining the source location, and estimating an emission rate using data from continuous monitoring systems (CMS). March 27, 2024.
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For more information about the Circular Economy Research Area at the Payne Institute for Public Policy, please contact our Deputy Director, Gregory Clough, at gclough@mines.edu.