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Things to Watch: Industrial Decarbonization
Feb 5, 2024
Julia Attwood, BloombergNEF’s Industrial Decarbonization Specialist, joins Dana to discuss expanding opportunities to use captured CO2 and growth in storage capacity for this gas. They also talk about momentum in large-scale chemical recycling of plastics and potential decarbonization of the steel and cement sectors.
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Quick takeaways
- The expanding opportunities for captured CO2 usage and the growth in storage capacity for this gas in the industrial decarbonization space.
- The potential bottlenecks and challenges in permitting and technical aspects of CO2 storage for carbon capture and direct air capture, including community resistance and developments in Asia, Europe, and the US.
Deep dives
Materials in 2024: Bottlenecks and Progress in Decarbonization
Julia Atwood, an industrial decarbonization specialist at B&EF, highlights potential bottlenecks for carbon capture, storage, and direct air capture. She discusses the future of CO2 storage, including progress in capacity additions and announcements. The focus also shifts to chemical recycling, with insights on plant commissions and supply chain challenges. Additionally, the podcast explores green steel and the use of hydrogen in the decarbonization of steel manufacturing. Lastly, the discussion covers the growing demand for green cement and the transition finance as a crucial tool for industrial decarbonization.
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