Carbon emissions built into industrial production processes are often overlooked, though emerging technologies in the space could see outsized growth in the medium term.
With the effects of climate change reaching new levels of urgency, technological solutions to limit man-made carbon emissions are more important than ever. Regulation is a crucial lever to cut near-term emissions, but long-term solutions will be rooted in new technologies.
The reality of our carbon emissions mix runs counter to the popular conception that most man-made CO2 is thrown off by crowded highways and residential electricity demand. Industry sources accounted for 22% of US CO2 emissions in 2017, according to the EPA – nearly on par with transportation and electricity sources (29% and 28%, respectively).
The technologies that will underlie a future economy with environmental impact as a primary consideration will go far beyond vehicle electrification and renewable energy. Some of the most basic processes behind our carbon-based economy are being upended, and the first movers will likely see outsize growth over the next century.