The major basic steps of chemical production generate substantial greenhouse gas (GHG) emissions.
FREMONT, CA: The chemical industry has a major role in the climate discussion. Conversely, chemical products are important to several low-carbon technologies – comprising renewable energy, housing, and mobility. Also, chemistry will be required to design resistant materials acclimated to more extreme weather conditions. Conversely, chemical production is energy and CO2-intensive. Hence this industry is classified as "hard to abate."
Changing chemical production can have a considerable global effect.
The major basic steps of chemical production generate substantial greenhouse gas (GHG) emissions. Yet, "hard to abate" does not imply "impossible." Yes, it will be hard, but in light of the huge potential CO2 savings in the chemical industry, this is a dispute we must take.
Carbon-intensive industrial chemical processes.
Emissions from industry surpass the emissions from the buildings or transport industry, symbolizing more than 30% of global GHG emissions. Within the industrial area, chemical production, cement production, and metals are the giant sources of emissions. Intrinsically, advances in chemical production can include a strong effect globally.
Our products include 50% carbon, so a carbon-free chemical industry is unimaginable. Although the chemical industry cannot bypass carbon, it can employ it more ably and lower GHG emissions.
Since most companies have already executed major efficiency advancements and greatly lowered GHG emissions, further efficiency improvements will positively affect GHG emissions.
The sector's emissions have dropped by 60% in the past 30 years.
Thus we are required to follow a multi-pronged method. While continuing to concentrate on efficiency, we must also seek breakthrough technologies and employ renewable energy. Also, diverse technologies will be required to accomplish a climate-neutral future. Some technologies will support us in avoiding CO2 emissions wherever feasible, but CO2 captivation and new feedstock according to renewable or recycled materials will also play a major role.
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In theory, CO2-free chemical production is feasible with current technologies. But executing this in the European chemical industry would need more power from renewable sources than will be open in Europe under even the most optimistic renewables system. Still, this is no reason to quit. Rather, it should motivate us to come up with revolutionary new concepts.
We cannot withstand the laws of thermodynamics; chemistry requires energy. But we can take innovative and clever techniques.
A collective effort is required within the sector.
This is a new method. Customarily, companies have highlighted proprietary technologies to acquire a key competitive benefit that lets them grow in business. But currently, going beyond bilateral projects and joint ventures, companies increasingly like to join forces to change the whole industry.
Why is this method essential concerning new climate-friendly technologies? To lead impact, new technologies are required to achieve scale. Upscaling in the chemical industry involves massive material and labor expenses - which is one basis for the lack of start-ups in the sector. Following the upscaling stage is the tipping point for the sector's changeover.
Cooperation within the industry will improve the chances of this happening. For thriving undertakings, we are also required to collaborate across industries.
