Major rethink needed if chemical industry is to meet greenhouse gas targets
http://www.manchester.ac.uk/aboutus/news/display/?id=10292[font face=Serif][font size=5]Major rethink needed if chemical industry is to meet greenhouse gas targets[/font]
27 Jun 2013
[font size=4]The UK chemical industry requires an urgent and radical rethink into how it produces chemicals if it is to play its part in meeting Governments stringent greenhouse gas emission reduction targets of 80% plus by 2050.[/font]
[font size=3]That is one of the conclusions of a major new report issued today by the University of Manchesters Tyndall Centre for Climate Change Research. Entitled
Can the UK afford (not) to produce chemicals in 2050? the report was generated in collaboration with the North East Process Industry Cluster (NEPIC) following investigations into chemical sector greenhouse gas emissions.
Funded by Engineering and Physical Sciences Research Council (EPSRC), the report highlights the role of industry, the issues surrounding carbon leakage and the responses to the goal of reducing carbon emissions. Setting out the challenges, the report looks to encourage a long-term strategy that encompasses both a re-balanced and low carbon economy.
The report states that the chemical industrys greenhouse gas emissions have fallen significantly since 1990 by 70%. This is as a result of technological and efficiency improvements along with factors such as the economic crisis, rising energy and feedstock prices, factory closures and off-shoring.
The report adds that there is currently no evidence to suggest that the UKs carbon emissions targets have played a direct role in relocation.
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