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Global chemical giant leads industry in carbon neutrality

 Last Update: 2022-08-17
 Source: Internet
 Author: User

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In 2021, as the world economy recovers, global energy-related carbon dioxide emissions will increase by 6% from 2020 to 33 billion tons, a record hi.

Under the urgent pressure to reduce carbon, global chemical giants are actively respondi.

Chemical industry emission reduction targets are still insufficient

"Chemistry Weekly" said in the survey that the chemical industry is the most integrated with the three major greenhouse gas emitting industries, namely transportation, energy and indust.

However, at present, the climate targets set by chemical companies still cannot meet the requirements of IP.

Leading companies have proposed technical directions

Among the companies, chemical giants such as BASF and Dow with the highest sales and the strongest R&D capabilities are the main providers of carbon reduction technologies and investmen.

Technically, Dow and BASF are advocates of two major technical directio.

Energy transition is a priority

Lars Kiso, President of BASF's Net Zero business, said that the energy transition is both a ballast stone and an anchor for the chemical industry to move towards zero emissio.

Data provided by the IPCC shows that while the cost of clean energy such as solar, wind and batteries has dropped by 85% over the past 10 years, it is still not affordable for compani.

The decarbonization transition is a huge and multifaceted challenge: companies must become climate-neutral, digital and circular at the same ti.

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