🌱 Yes, we need a European Sustainable Carbon Policy Package! 🌍
Carbon is the fundamental building block of the chemical industry, the “industry of industries”. But currently, the industry heavily relies on fossil resources for its sourcing, with over 90% originating from oil, gas, and coal. This results in significant carbon emissions, contributing to climate change. While decarbonizing the chemical industry is a fundamental contradiction, defossilization - a shift to alternative non-fossil carbon sources - is critical to urgently align the industry with the Paris Agreement.
In order to make this transition from fossil to sustainable raw materials in the chemical industry, policies are needed on the EU-level.
We were thrilled to see the Netherlands, the Czech Republic, Ireland and France call upon the European Commission putting forward a policy package on sustainable carbon.
Did you know that our waste, particularly plastic waste, is rich in carbon? This underutilized resource holds the key to a much more circular and greener future.
At Radical Dot, our mission is clear: to enable a fossil-free future for the chemical industry by deploying technology that eliminates the need for fossil fuel extraction and incineration. By 2050, our goal is to reduce emissions by over 0.5 Gt CO2eq/year, paving the way for a cleaner, more sustainable industry tomorrow.
Join us in transforming the chemical industry and driving meaningful change towards a fossil-free future. Together, we can make a difference! 💡
Source: Renewable Carbon Initiative, Carbon Flows Report (2023)
#Sustainability #Innovation #FossilFreeFuture #ParisAgreement #ChemicalIndustry #Defossilization