Industrial heat a challenge for cost-effective emissions reduction

Industrial heat a challenge for cost-effective emissions reduction
Gavin Evans
By Gavin Evans Dec. 12 (BusinessDesk) - Reducing emissions from the country’s heavy industry without using natural gas or a coal-biomass blend appears prohibitively expensive, based on analysis by Vivid Economics. Using forestry to absorb emissions from hard-to-treat sectors like industrial heat, dry-year power generation and long-haul trucking, could raise energy costs by about $3.8 billion to $4.6 billion a year, or $1,700 per household, the London-based consultancy says. But if less planting is achieved than assumed in the Productiv...