Displaying items by tag: Bezos Earth Fund

US: Cemex, in collaboration with the Mission Possible Partnership (MPP) and supported by the Bezos Earth Fund, is undertaking an analysis of decarbonisation strategies at its Balcones cement plant in Texas, US. This initiative is part of Cemex's broader goal to achieve net-zero CO₂ emissions by 2050. The analysis will explore various technological pathways including the use of alternative fuels, incorporation of lower-carbon materials, carbon capture and storage and the utilisation of captured carbon for producing synthetic fuels, chemicals, or construction materials. The partnership focuses on innovations such as substituting traditional fossil fuels with waste, renewable gas, biomass, hydrogen and electrification in the cement production process.

CEO of Cemex, Fernando González said “Our collaboration with the Mission Possible Partnership represents a joint effort seeking to accelerate our sustainable commitments and comprehensively evaluate the extent to which we can utilise decarbonisation levers within a specific plant ecosystem. This involves leveraging scalable technologies that would contribute to achieving our ambitious decarbonisation goals on the path to becoming a net-zero company by 2050.”

World: A Systems Change Lab report on the state of climate change action has warned that the global cement industry is making insufficient progress towards its 2030 climate change targets and that a step-change in action is required. It recorded the carbon intensity of global cement production at 635kgCO₂/t in 2018 with the 2030 target of no more than 370kgCO₂/t. The rate of change over the previous five years was reported as being 2.9% but an annual rate of change of 22.5% would now be required to meet the 2030 target.

It also noted that emissions intensity from the cement industry had actually increased slightly in recent years. It reached this conclusion by using a different methodology from the Getting the Numbers Right (GNR) project. Instead it estimated the global emissions intensity by using global data on process emissions and energy data from the International Energy Agency and the GNR.

The report said that the cement sector would need to go beyond traditional mitigation options such as improving energy efficiency and switching fuels to meet its climate commitments. However, carbon capture utilisation and/or storage (CCUS) and novel cements were described as costly and immature. In its view, “Decarbonisation in the long term thus will depend on significant investments in research, development, and demonstration, alongside efforts to create a demand for low-carbon cements and policies to support investment in decarbonisation technologies.” It described both strategies as, “not yet fully mature in terms of technology development, costs and scaling.” The ‘critical enablers’ it identified to help the cement sector meet its target included stricter regulations, increased demand for low-carbon cement and investment in pilot and industrial scale projects looking at novel cements.

Overall, the report said that change towards averting climate change across 40 key areas in power generation, buildings, industry, transport, land use, coastal zone management and agriculture was not happening fast enough and that none were on track to meet their respective 2030 targets. Change was happening but not at the required pace. Systems Change Lab is a collaboration between the High-Level Climate Champions, Climate Action Tracker, ClimateWorks Foundation, the Bezos Earth Fund and World Resources Institute.