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Global temperature changes

Chemical Industry Offers Significant Potential for Greenhouse Gas Emissions Reductions

Strategic Insights

— 1 min read

The International Council of Chemical Associations (ICCA) has announced eight policy principles to guide post-2012 discussions at the United Nations Climate Change Conference in Copenhagen. The chemical industry is poised to play a crucial role in mitigating climate change, given its use in a wide array of energy-saving and renewable energy applications. To ensure that the industry's net emissions savings potential is realized, a sound global framework is necessary.

Key Takeaways:

  • The chemical industry is a key player in the global effort to reduce greenhouse gas emissions, with significant potential to help society achieve emissions reductions.
  • The industry has announced eight policy principles to guide post-2012 discussions at the United Nations Climate Change Conference in Copenhagen.
  • The principles prioritize the development of a global carbon framework, focus on the largest and most effective abatement opportunities, and push for energy efficiency.
  • The industry aims to focus on innovation and continue operational improvement to develop effective climate solutions.
  • Policies should encourage the use of low-cost and high-impact measures, provide incentives for industry adoption of new energy efficiency measures, and support research and development in innovation.
  • The industry offers significant additional mitigation potential through the right use of chemical products and technologies by 2030, with a recent study demonstrating this potential.
  • The industry emphasizes the need for a level playing field for industry by introducing comparable or complementary efforts for GHG reductions in all regions of the world.

Statistics:

  • The chemical industry offers significant potential to help society achieve greenhouse gas emissions reductions.
  • The industry has identified eight policy principles to guide post-2012 discussions at the United Nations Climate Change Conference in Copenhagen.
  • The industry aims to reduce greenhouse gas emissions through the use of low-cost and high-impact measures, with a focus on innovation and operational improvement.
  • The industry offers significant additional mitigation potential through the right use of chemical products and technologies, with a recent study demonstrating this potential by 2030.
  • According to a recent study, titled "Innovations for Greenhouse Gas Emissions Reductions" and published in July 2009, the industry offers significant additional mitigation potential through the right use of chemical products and technologies by 2030.

Sources:

  • International Council of Chemical Associations (ICCA) - "ICCA's Eight Principles for Reducing Worldwide GHG Emissions"
  • VerticalNews.com - "Chemical Industry Offers Significant Potential for Greenhouse Gas Emissions Reductions"
  • Global Warming Focus - "Chemical Industry Offers Significant Potential for Greenhouse Gas Emissions Reductions" (Copyright 2009, Global Warming Focus via VerticalNews.com)

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