
Rocky Mountain Institute
Can Carbon Become a Resource, Not a Waste? Spotlighting Rocky Mountain Institute's Vision for a New Carbon Economy
“RMI is an independendent non-profit working to accelerate the clean energy transition globally. We do not have financial stake in the outcomes, but rather we look to maximize the impact of our work in driving decarbonization at scale.”
Tessa Weiss
The global energy transition needs more than just replacing fossil fuels with renewables. It requires a deliberate, systems-level reimagining of the entire process: how carbon is sourced, managed, utilised, and stored. Rocky Mountain Institute (RMI), a leading independent nonprofit founded in 1982, is building that architecture and blueprint. Through its Applied Innovation Roadmap for Carbon Dioxide Removal, its work on the new carbon economy, and its global engagement across heavy industry sectors, RMI is fashioning the strategic and technical foundations needed to reach net-zero and beyond. The NCEC spoke with Tessa Weiss, Manager in RMI’s Climate-Aligned Industries Programme, to explore how this vision translates from form into practice.
The NGO called RMI
Rocky Mountain Institute (RMI) is a global, non-partisan, non-profit clean energy organization that is employing over 300 professionals across more than 50 countries, with continental operations spanning the United States, the Caribbean, Africa, Europe, China, and India. From its birth in 1982, RMI’s theory of change follows a clear progression: think, do, and scale.
RMI is predominately philanthropically funded. As Tessa stated:
“RMI is an independendent non-profit working to accelerate the clean energy transition globally. We do not have financial stake in the outcomes, but rather we look to maximize the impact of our work in driving decarbonization at scale.”
RMI’s Approach to Carbon Removal
RMI’s approach is dual-pronged: maximize opportunities for direct emissions mitigation across every major energy sector and pair with Carbon Dioxide Removal (CDR) to manage residual emissions. In Weiss’s own words:
“In our theory of change, RMI empahsizes energy efficiency, direct emissions reduction, then carbon management to address what can’t be reduced. CDR emerges as an important solution to managing residual atomospheric emissions from histoc emissions and from sectors in our economy that may continually rely on fossil fuels and must manage ongoing CO2 emissions.”
This dual mandate is formalised in RMI’s Applied Innovation Roadmap for Carbon Dioxide Removal (AIR), a wholistic and comprehensive independent assessment of 32 CDR approaches, evaluated across four dimensions: scalability, secure storage, measurement, and cost. The AIR guides policymakers, funders, and technology developers in coordinating non-duplicative investment toward the IPCC-identified need for 7 to 9 gigatons of atmospheric CO₂ removal annually by 2050.
What is the New Carbon Economy?
RMI’s work rests on a unified vision for the new carbon economy, an economic system that transforms CO₂ from a waste product into a valuable raw material, while attaining a net-negative emissions footprint. This vision merges five activities that must work in concert:
· Point Source Carbon Capture (CCS): capturing CO₂ from power plants, cement, and industrial facilities
· Carbon Dioxide Removal (CDR): drawing CO₂ from the atmosphere through Direct Air Capture, Enhanced Rock Weathering, and BECCS
· Carbon Utilisation (CCU): using captured CO₂ as a feedstock for low-emissions fuels, chemicals, and building materials
· Carbon Storage: sequestering CO₂ in deep geological formations such as saline aquifers and depleted oil and gas reservoir systems
· Carbon Transportation: moving carbon via pipelines, ships, and vehicles. The U.S. DOE estimates 30,000 to 96,000 miles of CO₂ pipelines will be needed in the U.S. alone by 2050, compared with 5,300 miles currently in operation
Weiss identified the critical coordination gap underpinning all five: