Climate challenges towards 2030 and beyondsuschem.org/files/library/Stakeholder-2019/CMW... · A...
Transcript of Climate challenges towards 2030 and beyondsuschem.org/files/library/Stakeholder-2019/CMW... · A...
CARBON MARKET WATCH . ORG
Climate challenges towards 2030 and beyond
How to kick-start the clean chemical industry transition?
We have a challenge today….
… and tomorrow
… and the chemical sector can help
Overcoming bottlenecksRenewable energy to power the transition
Industrial symbiosis and new business models
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Funding for the clean industry transition
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A future proof chemical industryCountries globally are moving to implement the Paris Agreement, impacting also the chemical sector. The level playing field may remain uneven but the direction of travel is clear.
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The climate neutral economy is one investment cycle away. We need to ensure the industrial infrastructure built today is compatible with future climate goals.
The EU ETS on its own will not deliver the required climate goals, nor the urgent need for clean chemical industry investments in Europe.
4 True industrial symbiosis and chemical circularity requires a paradigm shift. Policymakers should prepare and implement integrated industrial and climate strategies.
CARBON MARKET WATCH . ORG
THANK YOU
Further reading
Carbon Market Watch (2019), Cracking Europe’s hardest climate nut – How to kick-start the zero-carbon transition of energy-intensive industries?
Material Economics (2019), Industrial Transformation 2050 - Pathways to Net-Zero Emissions from EU Heavy Industry