The Financial Times writes that producers of cement – of which LafargeHolcim, parent of Aggregate Industries, is the world’s largest – are “moving too slowly” in adoption of greener methods:
If the cement industry were a country, it would be the third-largest source of CO2 emissions, behind China and the US, accounting for about 8 per cent of the annual total.
While the sector’s carbon intensity — the average amount of CO2 gas per tonne of output — has fallen by 18 per cent since 1990, gross emissions increased by roughly half over the same period, according to the UK think-tank Chatham House. If a full-blown climate catastrophe is to be avoided, cement is one area of the economy that will have to shrink its carbon footprint the most.
An industry that has escaped scrutiny and stakeholder pressure but whose emissions need to be urgently slashed! - Cracks in cement industry’s CO2 response via @FT
— Ioannis Ioannou 😷 (@iioannoulbs) November 11, 2020
https://t.co/WmFSunIxQD
