Carbon market changes could revolutionise cement production in the next 3 years
Hear about the changes on the horizon for the European carbon market and their impact from David Boyd of Carbon Re
In this episode, David Boyd from Carbon Re joins Alex to talk about how cement manufacturers will need to step up to the changes in ETS rules that lie ahead. Cement producers have so far avoided significant negative impact of carbon taxes on their CO2 output as their free allowances have largely balanced their typical average emissions – they only have to buy credits if they emit more than average, and they can sell credits if they emit less than usual.
But carbon market changes on the horizon will mean that cement companies big and small will need to invest in a range of technologies to avoid costly carbon costs. In this episode we talk about the emerging regulations, as well as what David sees the response from industry being and the role that their own technology can play in improving cement’s CO2 performance.
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Decarb Connect supports the acceleration of industrial decarbonisation around the globe. We share insights and facilitate collaborations across the emerging decarbonisation ecosystem. We look specifically at the most energy-intensive industrials from cement, metals and mining, glass, ceramics, chemicals, O&G and many more and help connect them to technology disruptors, investors and advisors.
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