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

Preliminary Evaluation of Community-Oriented Risk Analysis of Carbon Capture, Transport, and Storage in the United States 7/15/24

Preliminary Evaluation of Community-Oriented Risk Analysis of Carbon Capture, Transport, and Storage in the United States

Mines Civil and Environmental Engineering PhD student researcher Nicolas G. Perticari Pesci writes the second in a series of papers on the use of Carbon Capture and Storage (CCS). CCS projects are slated to be multi-billion-dollar infrastructure projects comprised of carbon dioxide pipelines, capture sites, and injection wells for the sub-surface.  While the technical feasibility of carbon capture projects is explained systematically, for example as part of the permitting application for Class VI wells for geological storage, the social implications of projects are equally important and must also be evaluated to better understand risks and holistic mitigation of liability for all involved parties.  July 15, 2024.

Assessment of Peer-to-Peer Trading Benefits 7/10/2024

Assessment of Peer-to-Peer Trading Benefits

Emon Chatterji and Payne Institute Director Morgan Bazilian write about how a Peer-to-peer (P2P) electricity trading model can enable customers to support each other with potentially significant economic benefits, yields technical benefits to reduce losses/congestion, and presents a greater opportunity to maximize variable renewable development. This study uses a two-stage optimization model to generate supply curves for individual customers, followed by an optimization by the P2P operator to maximize the savings. July 10, 2024.

GEOLOGICAL STORAGE: RISKS AND OPERATIONAL RISK MITIGATION 7/8/2024

GEOLOGICAL STORAGE: RISKS AND OPERATIONAL RISK MITIGATION

Payne Institute Sustainable Finance Lab Program Manager Brad Handler, Payne Institute CCS Program Manager Anna Littlefield, and student researcher Felix Ayaburi write the first in a series of papers on the use of Carbon Capture and Storage (CCS) as a climate mitigation tool envisions the permanent underground storage of CO2. The prospects for large scale adoption of geological storage has raised concerns regarding the risks — of property damage, environmental degradation, and to human health— if stored CO2 were to leak to the surface or into shallow water resources.  July 8, 2024.

INTRODUCTION: RISK MITIGATION IN GEOLOGICAL STORAGE OF CO2 7/8/2024

INTRODUCTION: RISK MITIGATION IN GEOLOGICAL STORAGE OF CO2

The Payne Institute Sustainable Finance Lab writes the introduction to a series of papers that looks at Carbon Capture and Storage (CCS).  CCS is an integral activity in the effort to limit global warming and its harmful effects.  That contribution requires a significant scaling of CCS operations, and initiatives for new CCS projects are indeed proliferating.  July 8, 2024.

A tell-tale sign that China could be preparing for war 7/4/24

A Tell-tale Sign that China Could Be Preparing For War

Payne Institute Fellow Gregory Wischer’s ‘Statement for the Record’ was highlighted in an article discussing how a telling similarity has been noticed between what Germany was doing before it invaded Poland in September 1939 and what China is doing now – stockpiling resources and raw materials. July 4, 2024.

UNITED STATES FOSSIL FUELS AND PROVIDING ENERGY TO OTHER COUNTRIES IN BALANCE WITH CLIMATE CHANGE

UNITED STATES FOSSIL FUELS AND PROVIDING ENERGY TO OTHER COUNTRIES IN BALANCE WITH CLIMATE CHANGE

Payne Institute Director Morgan Bazilian is on the Aaron Harber Show discussing the trade off between the dependency of the United States on fossil fuels and providing energy to other countries in balance with climate change.  Also, the balance between energy security, energy independence, and the environment.  July 3, 2024.  

Why Is China Stockpiling Key Resources? 6/28/24

Why Is China Stockpiling Key Resources?

Payne Institute Fellow Gregory Wischer is highlighted in an article about a question that prompted a hearing this month by the U.S.-China Economic and Security Review Commission, a government-funded organization that follows the relationship between the United States and China.  Is China preparing to invade Taiwan, or just flexing its muscles to attract attention? “The Chinese central government stockpiling minerals is one potential indicator that it may be preparing to invade Taiwan,”  ​Gregory Wischer of Dei Gratia Minerals told the Commission in a prepared statement. June 28, 2024.

US Stockpiles of the Rare Earth Minerals 6/27/2024

US Stockpiles of the Rare Earth Minerals

Payne Institute Fellow Gregory Wischer contributes to an article about how he suspects national stockpile levels are well below where they should be given the available information.  Rare earth minerals are needed to make all sorts of things, from F-35 stealth fighters and night-vision goggles to internet fiber-optic cables and MRI machines and suspects national stockpile levels are well below where they should be given the available information. June 27, 2024.

Statistical Review of World Energy 6/26/2024

Statistical Review of World Energy

The Payne Institute Earth Observation Group provided the data for global gas flaring based on our satellite data algorithms for the Energy Institute Statistical Review of World Energy.  The Energy Institute Statistical Review of World Energy analyses data on world energy markets from the prior year. Previously produced by bp, the Review has been providing timely, comprehensive and objective data to the energy community since 1952.  June 26, 2024.

Read All News

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.