Embassy Row Project Podcast

This is a brief introduction to the latest book by Embassy Row Project's founder, James Scott entitled, Climate Change Economics: Carbon Capitalism, Regenerative Agriculture & Beyond.
Man stands at the precipice and stares into the distance begging for a glimpse of his future; staring back is the virtually futile reality of anthropogenic climate change. The Paris Climate Agreement and the recent COP27 Climate Conference have set ambitious goals for the reduction of anthropogenic greenhouse gas (GHG) emissions with the goal of reaching net-zero emissions by 2050 and limiting the global increase in temperatures to 1.5oC. To reach these goals, immediate and coordinated action is required. While new technologies are being developed to help reach these goals using renewable energy, carbon sequestration from the atmosphere, etc., there are technologies and solutions that can be deployed immediately to reduce GHG emissions. The most effective solutions are market-based solutions that can be implemented without a large permanent public investment. However, these solutions will probably need public-private partnerships to accelerate their adoption to meet the GHG emissions reduction goals.

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A Fast Track To Carbon Neutral: Using Environmental Commodities to Rapid Launch Commercial Sustainability Programs by James Scott
Find out more about the International Carbon Markets Institute

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NETZERO Incubator & Accelerator
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Download: What You Need To Know About Small Modular Reactors (SMR): A Strategic Shortcut to Zero-Carbon Energy
Written by James Scott
About the Embassy Row Project:
Founded by international energy and infrastructure technology advisor, James Scott, the Embassy Row Project strives to unify the next generation of leaders & initiatives that are hyper-focused on instigating positive change on issues that impact the environment, human rights, technological innovation, and international trade collaborations that proliferate diversity, and food security, and dignified employment with a livable wage.

Small Modular Reactors: Technology Overview

In nuclear electric power generation, small-sized reactors have an equivalent electric power of fewer than 300 MWe. In comparison, medium-sized reactors have an equivalent electric power of between 300 and 700 MWe. These two categories are conflated as Small Modular Reactors (SMR). Ingersoll defines these based on technology: "reactor designs that are deliberately small, i.e., designs that do not scale to large sizes but rather capitalize on their smallness to achieve specific performance characteristics." (Ingersoll, D.T., 2009. Deliberately small reactors and the second nuclear era. Progress in nuclear energy, 51(4-5), pp.589-603.) This highlights that the SMRs use modern technology to reverse the trend in nuclear reactor design that bigger is better. The capital costs per unit of power of a nuclear reactor decrease with increasing size, making the size of a nuclear reactor an important factor in the economic calculation.
Today’s SMRs have significantly different designs and characteristics than their larger cousins: the SMRs are designed to operate with longer fuel cycles of up to 8 years and with primary components with very high reliability (Carelli, 2004). This reduces the need for regular maintenance shutdowns, decreases the incidence of inspections and repairs, and extends the maintenance period from 18 to 240 months (Table 1, Appendix). It is estimated that this reduces the share of operation and maintenance costs to 17-41% of the total costs in the SMRs, compared to 45-58% in large nuclear reactors (OECD/NEA, 2011.). Finally, the decommissioning of SMRs should be considerably easier due to their modular construction, where the decommissioned modules can be replaced and disassembled (Lokhov, 2013.).
What You Need To Know About Small Modular Reactors, by James Scott, Founder, Embassy Row Project on Medium

“What this XPRIZE team has achieved is an absolute quantum leap in carbon capture and sequestration technology”, explains Envirotech Accelerator founder, James Scott, “This technology is fully optimized for scalability, limited energy input requirements, and utilizes a building block construction strategy which means it can be implemented virtually anywhere.”

Find out more about this breakthrough in carbon capture and sequestration at Envirotech Accelerator
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ENVIROTECH is a Washington, D.C.-based Accelerator that provides an optimized conduit for hyper-accelerated internationalization of original research and labs, incubators, and accelerators.
Our programs are rooted in almost two decades of international contact cultivation among public and private sector stakeholders, intergovernmental organizations and trade bloc leadership, and commercial sector networks. Our small collective of advisors works with international government and commercial stakeholders on creating quiet programs that out-think, outmaneuver, and out-strategize competitive interests in hyper-competitive spaces. We now offer this solution to select startups, accelerators, and incubators with an interest in a synergistically aligned, multi-vector and multinational approach to high impact and explosive growth.
Our programs are designed to triple the distance in a fraction of the time, and in a manner that holds true to the passion, vision, and mission of the accelerators, incubators, and founders we work with. Our plug-and-play architecture runs 24/7 in the background, quietly optimizing each layer of strategy and internationalizing positions, publicizing wins, aligning commercial and initiative-based mutual interests, and creating alliances and partnerships that are built to last.
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The technology is featured in the March 2023 issue of the peer-reviewed Journal for Carbon Utilization. This carbon capture and sequestration technology was designed to capture atmospheric CO2 much like lichen do in nature. Lichen are comprised of two organisms, an algae, which photosynthesizes, pulling down atmospheric CO2, and a fungus, which provides a good environment for the algae to thrive, allowing the algae to receive the right amount of micro-nutrients, gas exchange, moisture and sunlight (but not too much UV) necessary for photosynthesis. A paint innovation company, Reactive Surfaces, specializing in developing bio-based coatings for the paint and coatings industry for the past 20 years, has developed a paint containing algae that photosynthesize within a special non-toxic coating system which allows for the lighting, gas exchange, nutrients and water the algae need, much like lichen.

This podcast is part of the Embassy Row Project’s International Infrastructure Development and Trade Diplomacy Series.
Subscribe to the Embassy Row Project's YouTube Channel
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Watch the live presentation at the National Press Club
The Embassy Row Project Presents Bogdan Bogdanov's briefing on Bulgaria's National Decarbonization & Clean Energy Strategy at the "Democratizing Decarbonization Summit & Diplomat Reception" at the National Press Club in Washington, D.C. (November 17, 2022)

Bogdan Bogdanov is the Executive director of Invest Bulgaria Agency. A business development expert with +10 years of experience working with multinational companies in the aviation, RES and automotive industries. Background in high-value added production activities with focus on R&D.

Embassy Row Project supports:
NETZERO Incubator & Accelerator
ENVIROTECH Pre-Accelerator
About the Embassy Row Project:
Founded by international energy and infrastructure technology advisor, James Scott, the Embassy Row Project strives to unify the next generation of leaders & initiatives that are hyper-focused on instigating positive change on issues that impact the environment, human rights, technological innovation, and international trade collaborations that proliferate diversity, and food security, and dignified employment with a livable wage.
Contact the Embassy Row Project
Embassy Row Project Podcast
Embassy Row Project Blog
Embassy Row Project YouTube
A Fast Track To Carbon Neutral: Using Environmental Commodities to Rapid Launch Commercial Sustainability Programs by James Scott

As 2023 begins the Embassy Row Project has immediately begun launching new programs such as their Quantum Leap Technology Trade Mission Series, the International Carbon Markets Institute, the WACN (We Are Carbon Neutral) project, the Bulgarian and European Union Decarbonization Tech Trade Mission, and the intergovernmental and Congressional promotion of the Black Sea Submarine Cable Project with the Embassy of Georgia. They have also published three new books by Embassy Row Project's founder James Scott entitled, “Green Conflict Minerals: The Mad Dash to Net Zero Is About to Get Rough”, “Climate Change Economics: Carbon Capitalism, Regenerative Agriculture & Beyond”, and “A Fast Track to Carbon Neutral: Using Environmental Commodities to Rapid Launch Commercial Sustainability Programs”.

The International Carbon Markets Institute was created at the request of American and European stakeholders seeking insight and guidance on accelerated carbon markets and carbon project development. CMI has already begun its virtual trade missions to US and European commercial sector organizations seeking education and guidance on environmental commodities and utilizing carbon offsets as part of their sustainability programs as they accelerate their goals to achieve net neutral carbon emissions and eventually net zero.

The WACN (We Are Carbon Neutral) project offers trade associations white-label and turnkey education material and a carbon offsetting program designed to help association members launch sustainability programs, and social impact strategies, and to accelerate their path to net neutral carbon emissions and to achieve net zero carbon emissions with a more direct trajectory and expedited pace.

The Quantum Leap Technology Trade Mission Series throughout the United States and Europe has rapidly expanded its portfolio of next-generation technologies in the climate, environmental, agriculture, and energy space. “We’ve had to begin expanding our mission to all 50 States in the US” explains Embassy Row Project founder James Scott, “We’ve been asked to add several high-priority economic development regions to our trade mission schedule as States zero in on the importance of this trade mission tour and it’s international activation of those regions as “sustainability tech hubs”.

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