Emissions from heavy industry are the brave new world of climate action. Including emissions from electricity use, the industrial sector is responsible for 40 percent of the world’s GHG emissions, and its share of emissions is growing. Creating industry-wide transformation will take a combination of market, financial, and policy solutions.
Hydrogen is the new kid on the block of low-carbon alternatives, with applications in mobility, industrial processing, and heavy transport. It can also be used to provide electricity and heat, and can be blended with natural gas to help decarbonize existing natural gas grids. But even with these opportunities, across…