Cipher News’ Post

This is why technologies like #carboncapture are seen as a critical part of any viable path to industrial decarbonization. In many energy-intensive sectors, there are economical alternatives to cut emissions without dramatically raising costs. In some cases, cleaner also means cheaper. In the U.S. power sector, for example, emissions have declined dramatically in the past 20 years, owing primarily to the increased use of #naturalgas, which has also saved consumers billions of dollars in avoided energy costs. The cost of renewable technologies and batteries has also declined to a point where wider adoption is not just possible but actually happening all across the country. But in many industrial processes, fossil fuels like oil and natural gas are irreplaceable. Chemicals use natural gas as a feedstock. The extremely high heat needed for steel requires the dense energy from burning fossil fuels, although there is some innovation around using electricity in this space. Cement manufacturing is even more complex. Inside of a cement kiln is hotter than lava, which requires an enormous amount of energy to achieve. But even if you somehow decarbonized all of the energy inputs to do that, you would still have CO2 emissions due to the natural chemical reaction from calcination. Along with other potential solutions like hydrogen, a technology like #CCS provides the only realistic option for bending the industrial emissions curve downward in the near term.

Did you know that the industrial sector makes up nearly one-third of U.S. greenhouse gas emissions? By embracing low-carbon technologies and innovative solutions, there's real momentum in reducing emissions from hard-to-electrify industries like steel, cement and chemicals. The journey to decarbonization is just getting started! https://gag.gl/A8IYZi

Did you know that the industrial sector makes up nearly one-third of U.S. greenhouse gas emissions? By embracing low-carbon technologies and innovative solutions, there's real momentum in reducing emissions from hard-to-electrify industries like steel, cement and chemicals. The journey to decarbonization is just getting started! https://gag.gl/A8IYZi

Did you know that the industrial sector makes up nearly one-third of U.S. greenhouse gas emissions? By embracing low-carbon technologies and innovative solutions, there's real momentum in reducing emissions from hard-to-electrify industries like steel, cement and chemicals. The journey to decarbonization is just getting started! https://gag.gl/A8IYZi

Did you know that the industrial sector makes up nearly one-third of U.S. greenhouse gas emissions? By embracing low-carbon technologies and innovative solutions, there's real momentum in reducing emissions from hard-to-electrify industries like steel, cement and chemicals. The journey to decarbonization is just getting started! https://gag.gl/A8IYZi

Did you know that the industrial sector makes up nearly one-third of U.S. greenhouse gas emissions? By embracing low-carbon technologies and innovative solutions, there's real momentum in reducing emissions from hard-to-electrify industries like steel, cement and chemicals. The journey to decarbonization is just getting started! https://gag.gl/A8IYZi

57 Companies = 88% Emissions ! 1) The Carbon Major database documents that from 1854 to 2022, a significant 1,421 GtCO2e of historical emissions are traceable to 122 key industrial producers, representing 72% of all global fossil fuel and cement CO2 emissions since 1751. Astonishingly, a concentrated group of 78 corporate and state entities are responsible for over 70% of these emissions. 2) Following the adoption of the Paris Agreement at the end of 2015, the period up to 2022 saw 251 GtCO2e of emissions associated with 117 currently active entities, with the CO2 fraction surpassing 88% of total fossil fuel and cement emissions during this timeframe. Notably, 57 corporate and state entities are accountable for 80% of these emissions, showcasing a significant concentration in contributors. The database further delineates the emissions' origins, attributing 38% to nation-states, 37% to state-owned enterprises, and 25% to investor-owned companies. 3) Specifically, 58 out of 100 companies saw an emissions increase, with notable upticks in Asia (87% of assessed companies) and the Middle East (70%). This trend persists across various regions, albeit with varying degrees, indicating a widespread challenge in aligning industrial practices with global climate goals. Your thoughts? #energytransitions #carbonemissions #oilandgas #climatechange #energypolciy #developingcountries #carbon #growth #demand #supply

Did you know that the industrial sector makes up nearly one-third of U.S. greenhouse gas emissions? By embracing low-carbon technologies and innovative solutions, there's real momentum in reducing emissions from hard-to-electrify industries like steel, cement and chemicals. The journey to decarbonization is just getting started! https://lnkd.in/gZ-AXvXk

The Steel Manufacturers Association welcomes today’s announcement that the U.S. Department of Energy will launch a pilot project designed to measure the greenhouse gas intensity of steel and other industrial products. According to a statement issued moments ago by the DOE, “the White House Task Force on Climate, Trade, and Industrial Competitiveness seeks to work with Congress, stakeholders, and trade partners to develop GHG intensity measurement tools and approaches for select industrial products. The Department of Energy will support this work by combining data from existing sources to help build rigorous, timely, and accurate statistics on the GHG intensity of certain energy-intensive industrial products, starting with U.S. production.” “We applaud the White House Task Force on Climate, Trade and Industrial Competitiveness and the U.S. Department of Energy for taking this necessary next step,” SMA President Philip K. Bell said. “Our members make the lowest emissions steel in the world. We look forward to working with the administration to develop tools that demonstrate our dramatic emissions advantage and then use those tools to support American workers and our domestic steel industry as well as encourage other countries to decarbonize their steel industry like we have done in the U.S.” https://lnkd.in/gYP5dw8f

The Carbon Majors database’s latest report was just recently released. The database tracks direct production-linked emissions of oil, gas, coal, and cement producers.   The latest report finds that, since the Paris Agreement was adopted in 2015, 57 energy producers contribute to 80% of the global fossil fuels consumed.   It could be seen as a bit of a chicken-or-the-egg situation where, if we consume fewer fossil fuels, the #oilandgasindustry will produce fewer fossil fuels.   To be clear, this data backs all of the world’s fossil fuel consumption up to the 57 or so producers of ~80% of said fossil fuels that we consume. So, again, if we consume fewer fossil fuels, then they produce fewer.   I find myself a bit conflicted on the narrative, here, though. On one hand, I understand that these fossil fuel producers could (and should) find cleaner #energy sources to produce. On the other hand, I don’t blame Zwilling if I cut my finger with one of their knives in my kitchen, and I don’t blame BMW for producing a car that can exceed the speed limit when I get a speeding ticket.   I know it’s a slippery slope, as we could just as easily blame every manufacturer for all of the bad in the world as we could not blame any manufacturer for any wrongdoing at all. I think we all have our own lines to draw.   Nevertheless, I do find the data both interesting and enlightening, as it shows us that, to combat #climatechange, there aren’t that many #oilandgas producers out there that would need to change what they produce.   Ultimately, we as consumers can make a difference with our choices. Our aggregated efforts can help to reduce GHG emissions.   At Motive Logistics, we aren’t running electric trucks (yet), but we’re doing what we can to help manufacturers and distributors shrink their carbon footprint while also minimizing damaged freight and saving money on transportation. It’s amazing what good data analysis can do for your bottom line. #sustainability #logistics #freight #transportation #manufacturing