Chemistry Can create low-carbon solutions

Chemicals help other sectors reduce their carbon footprint

The European Union has ambitious goals to address climate change. They should be achieved by moving toward a low-carbon economy and minimising greenhouse gases emissions. Achieving the EU’s GHG reductions target of 80-95% by 2050 means our society will have to revolutionise materials, production processes and services across all sectors.

The EU chemical industry reduced its GHG emisisons by more than 60% over the past 30 years. We are increasingly using low-carbon energy sources and alternative feedstock to reduce them even further. We also develop solutions that help other sectors improve their energy efficiency. 

According to the recent (2017) analysis by Accenture on the circular economy, enabling technologies delivered by the chemicals industry can help achieve a 20-fold increase in energy efficiency between now and 2030.

While the potential is huge, it’s also clear that the capital expenditure required will be significant, and a clean, low-carbon future will rely on widespread collaboration.

Have a look at what chemical companies are working on now.