Chief Executive, Carbon Trust
Tom Delay was appointed as the first Chief Executive of the Carbon Trust in 2001. Delay has extensive experience in the energy sector, with 16 years in commercial and operations roles at Shell, before moving into management consultancy with McKinsey and the Global Energy Practice of A.T. Kearney prior to joining the Carbon Trust.
Q: What role do you see carbon technology playing as we work towards achieving our climate goals?
A: With Net Zero 2050 and 1.5 degree goals, the need for carbon removal technology has become more urgent and inevitable
Q: How do we drive and materialize the opportunity for economic growth and prosperity offered by a new carbon economy?
A: Businesses globally will develop the low carbon products and services of the future – in doing so they will create long term jobs at scale and drive prosperity
Q: What is one piece of knowledge or advice you want to share with students or entrepreneurs in this space?
A: Manage uncertainty better! Real options can help guide decision making to the point where the uncertainty is lifted
Q: What is missing in the debate?
A: A low carbon future needs to become inevitable – we may think it is already but many still bet against that outcome, increasing costs and risks