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This article originally appeared in the State of Green Business 2021. You can download the entire report here.
The industrial sector is the backbone of the economy, producing the materials that build everything from cities to phones. It’s also a significant contributor to the climate crisis: Industrial processes from the creation of raw materials to chemicals are responsible for more emissions than any other sector, making up a third of greenhouse gas emissions globally.
Increasingly, the stars are aligning for industrial emissions to take center stage, for three key reasons: demand for clean solutions is growing; technologies are maturing; and the conditions for policy solutions are ripe.
Conservation Comment: Nations need to address climate change
28 Feb, 2021 09:26 PM
4 minutes to read
A hydrogen pumping station for hydrogen-powered cars stands on June 10, 2020 in Berlin, Germany. Hydrogen, which lends itself as a means for storing energy produced by renewable energy sources, is to become an important part of Germany s overall renewable energy plan. Photo / Sean Gallup/Getty Images
A hydrogen pumping station for hydrogen-powered cars stands on June 10, 2020 in Berlin, Germany. Hydrogen, which lends itself as a means for storing energy produced by renewable energy sources, is to become an important part of Germany s overall renewable energy plan. Photo / Sean Gallup/Getty Images
The oil market is starting the Biden era with a bang. And that means Covid-weary Americans returning to the roads this spring and summer will be greeted with higher prices at the pump.
Oil is up nearly 70% since the US election, a record in the modern era cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.
Oil is up nearly 70% since the election, a record in the modern era
The oil market is starting the Biden era with a bang. And that means Covid-weary Americans returning to the roads this spring and summer will be greeted with higher prices at the pump.
US oil prices have skyrocketed 69% since November’s election based on Thursday’s close at $63.50 a barrel.
That’s easily the biggest post-election gain through this point in the presidential cycle since NYMEX oil futures began trading in 1983, according to a CNN Business analysis. The next closest post-election rally occurred when crude jumped 31% after President George H.W. Bush’s victory in 1988.