The Transition to Clean Power Technologies and Decarbonizing Heavy Industries

This chapter explores the shift towards clean power technologies exceeding a trillion dollars in investments, focusing initially on power and electrified transport. It discusses challenges in decarbonizing sectors like aviation and industrial manufacturing, emphasizing the stagnant cost trends of carbon capture and storage technology. The chapter also examines the complexities of decarbonizing heavy industries such as steel production and the evolving landscape of corporate ESG commitments towards more sustainable initiatives.