Keeping on trucking
Where heavy industry is making headway on net zero - despite the headwinds
Steel, cement, chemicals, aluminium, mining, trucking and aviation are known as hard-to-abate industries, yet they account for about one-quarter of global GHG emissions, which need to decline by an astounding 93% by 2050 if the world is to stay on a 1.5 degrees Celsius warming pathway.
To have any chance of getting there, innovation will be key: not just in developing new low-carbon technologies, but in the finance and policy developments that will bring down barriers to allowing new technologies to scale.
With U.S. President Donald Trump set on rolling back billions in funding for industrial decarbonisation, and U.S. trade tariffs in place on commodities such as steel, the outlook is more uncertain than it was a year ago.
Yet as we report in the June-July issue of Ethical Corporation, solid progress on the agenda is being made, both in the U.S. and the rest of the world, despite the headwinds.
Best,
Liam
Liam Dowd
Sustainability Lead
Reuters Professional
+44 (0) 20 7375 7238
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