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illuminem summarizes for you the essential news of the day. Read the full piece on Forbes or enjoy below:
🗞️ Driving the news: Industry makes up over 40% of global energy consumption and a third of greenhouse gas emissions. Without curbing these emissions, achieving the UN's net-zero target by 2050 is out of reach. A new, free tool from Energy Innovation, the Industrial Zero Emissions Calculator (IZEC), can generate roadmaps to eliminate industrial emissions without running into eventual roadblocks
🔭 The context: Technologies like renewable energy, electrification, hydrogen, bioenergy, and carbon capture could decarbonize industry, but the path is complex. The Industrial Zero Emissions Calculator (IZEC) from Energy Innovation helps map out efficient strategies to eliminate emissions without hitting costly dead ends
🌍 Why it matters: The IZEC suggests a balanced approach, prioritizing electrification with clean hydrogen, bioenergy, and carbon capture, that could reduce U.S. industrial emissions to zero within 30 years. Avoiding over-reliance on resource-intensive solutions like green hydrogen or bioenergy is crucial
⏭️ What's next: Governments and industries must use tools like the IZEC to guide effective, sustainable transitions, focusing on scalable solutions
💬 One quote: “Balancing electrification with other clean technologies is key to steering industry toward a zero-carbon future without overextending resources,” says a spokesperson from Energy Innovation
📈 One stat: An electrification-focused strategy could limit the increase in national electricity demand to just 2.4% annually over the next 30 years, a manageable rate given past growth
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