Cement is the Source of About 8% of the World's Carbon Dioxide Emissions (bbc.com)
Concrete is the most widely used man-made material in existence. It is second only to water as the most-consumed resource on the planet. But, while cement -- the key ingredient in concrete -- has shaped much of our built environment, it also has a massive carbon footprint. From a report: Cement is the source of about 8% of the world's carbon dioxide (CO2) emissions, according to think tank Chatham House. If the cement industry were a country, it would be the third largest emitter in the world -- behind China and the US. It contributes more CO2 than aviation fuel (2.5%) and is not far behind the global agriculture business (12%). Cement industry leaders were in Poland for the UN's climate change conference -- COP24 -- to discuss ways of meeting the requirements of the Paris Agreement on climate change. To do this, annual emissions from cement will need to fall by at least 16% by 2030.
If you're looking to cut CO2 emissions, please look elsewhere. Concrete is pretty much essential to life as we currently know it in the civilized world. Let's go back to building with wood and replicate the 1906 fire in San Francisco...
Leftists really do want us living in Mud Huts.
Well, there is no end to "cost is no object" solutions to greenhouse gas emissions. The problem is that in the real world, cost *is* an object, and a very important one.
This is why cap and trade is a viable, market oriented solution to greenhouse gas emissions. Normally the 182 kg of CO2 that's emitted when I produce a ton of concrete to sell to you isn't part of our transaction. Under cap-and-trade, CO2 reduction becomes a profit center, because if I can reduce my emissions below some reasonable target (e.g. down to 150 kg), I can sell the surplus to someone who can't meet the target.
The problem is that cap-and-trade is not politically viable, because people invested in technology that can't be upgraded are currently dumping their pollution for free.
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