October 1, 2022

TOP AFRICA NEWS

We Digest News to tell the Truth

Decarbonization pioneer backs UN leader’s claim that fossil fuel addiction risks ‘mutually assured destruction’

Decarbonization pioneer backs UN leader’s claim tha fossil fuel addiction risks ‘mutually assured destruction’

UN Secretary-General Antonio Guterres says scrambling to replace fossil fuel supplies lost to the Ukrainian war also risks losing the Climate Change battle.

It was a path, he argued, to “mutually assured destruction” or MAD, an acronym originally coined for the predictable outcome of another devastating global conflict – nuclear war.

Mr Guterres spoke as Western nations sought to contain soaring energy prices by finding alternative oil, gas, and coal supplies, and he insisted this would neglect or ‘knee-cap’ policies to cut fossil fuel use: “Addiction to fossil fuels is mutually assured destruction.”

Michael Jansen, Founder and CEO of award-winning Urban Digital Twin pioneer Cityzenith agreed: “As Mr Guterres says, this scramble to replace lost Russian fossil fuel sources is ‘MADness’ – on so many levels.

“Firstly, as he also points out, such short termism could ensure that carbon emissions rise 14% by 2030, rather than achieving the 50% cut needed to maintain any hope that Climate Change can be greatly mitigated and save trillions, by adopting Urban Digital Twin technology and active decarbonization.

ABI Research has forecast Digital Twins for urban planning would yield $280bn in global cost savings by 2030, while Ernst and Young reported Digital Twins can reduce carbon emissions in urban areas by 50-100%, cut operating costs for building asset owners by 35% and boost productivity by 20%.

“Secondly, wasting what will surely be billions in alternative fossil fuel supplies by prospecting new sources, re-opening uneconomic oil and gas fields or coal mines, fracking, or re-commissioning decrepit nuclear plants is as mad as burning dollar bills.

“These were on the way out anyway as cleantech leaps ahead, so we would never recover that short-term outlay; it could be invested instead in energy transition technologies – I note that British Prime Minister Boris Johnson wants to investigate small-scale, quickly built nuclear plants.

“But for an even faster return, Cityzenith has championed massive decarbonization and energy consumption by the world’s biggest carbon emitters – our buildings and cities.

“According to UN stats cities consume 78% of global energy and produce 60+% of greenhouse gas emissions yet cover less than 2% of the Earth’s surface.

Cityzenith’s SmartWorldOS Digital Twin platform is already deployed in a ‘Clean Cities – Clean Future’ initiative the company launched last year.

This can dramatically cut emissions in buildings and parts of 10 major cities including Las Vegas, New York, and Phoenix over the next year, expanding internationally to 300 cities over the next five years.

Jansen, whose company has offices in Chicago, London, and New Delhi, added: “A SmartWorldOS Digital Twin of any building, infrastructure – such as a transport network or energy grid – or even a whole city, can identify many ways to streamline and transform the energy resilience of our built environment.

“And we are close to creating Digital Twin software that can manage and future-proof the energy use and carbon footprint of an ordinary household and link into a carbon credits/rewards mechanism.

“Digital Twins can use data sensors in the physical world, to create what we define as our Real-World Metaverse where we can track, simulate and monitor our own world and massively drive down the use of energy.

“This has huge applications for energy transition, but a Cityzenith Digital Twin Real-World Metaverse can have its greatest success with cities, urban areas, and even individual buildings.”

Jansen also spoke about Cityzenith’s pioneering carbon offset project to protect regions like the Amazon rainforest – often called the ‘Lungs of the World’.

This will use Digital Twins to enable the forest’s vital CO2 cleansing to be monitored, maintained, and harnessed by countries like Brazil as a carbon asset rather than be further cut down for agriculture and other uses.

“Digital Twin tech’s ability to link financial incentives like carbon credits will massively accelerate de-carbonization by building asset owners because we have made it self-financing,” said Jansen.

“How it works is that SmartWorldOS will create the world’s first green building digitally tradeable asset using blockchain technology, linked directly to a carbon rewards program, creating a truly circular economy through Digital Twins.”

Former Brazilian ambassador and diplomat Arnildo Schildt, who recently led a COP26 delegation, welcomed collaboration with Cityzenith on a model enabling urban decarbonization linked to Brazil’s farmers and forestry associations, governments, the UN, international banks, academics, and industry partners, as well as investors:

“We aim to harness a ‘dynamic duo’ – highly advanced nano sensors and Digital Twin technology – to monitor density, height and emissions and protect the rainforest in real-time, whilst allowing building asset owners to trade carbon credits/offsets internationally and reward our farmers for their support.

“Carbon credit buyers then know that newly planted or established trees are not simply felled after the credits are bought. A secure market builds trust and certainty – massively important to credible buyers.”

●Cityzenith is a World Economic Forum Top 100 Global Innovator, with Michael Jansen named as a Global Excellence Award Top 40 CEO for 2021 alongside Unilever’s Alan Jope and VaynerX Chairman Gary Vaynerchuk.

If you want to learn more about this pioneering company please register here for the Cityzenith webinar:

Urban Digital Twins set to create the first real world Metaverse for the decarbonization of buildings

on Tuesday, April 5, 1:00pm (CT)

Ends

207

Leave a Reply

Your email address will not be published.

TOPAFRICANEWS.COM © All rights reserved.