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The Lux Decarbonization Radar: Chemicals

By:

Principal Analyst

The industrial sector contributes to over one-fifth of global greenhouse gas emissions, emitting more than 9 Gtonne/y of CO2 eq., and is under increasing pressure to align with international carbon-neutrality goals. Given this urgency, inaction is not viable. The largest contributors are chemicals, steel, and cement due to fossil fuels combustion or use of fossil resources as feedstock – this makes the chemicals sector one of the toughest to decarbonize.

The Lux Decarbonization Radar,  a strategic framework designed to guide companies in planning their technological pathways towards carbon neutrality, outlines a portfolio of technology options based on three key approaches to decarbonize the chemicals sector.  This framework categorizes low-carbon technologies, enabling businesses to identify, prioritize, and adopt innovative solutions to achieve their net-zero ambitions.

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The Lux Decarbonization Radar: Chemicals

By:

Principal Analyst

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

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