There are both positive and negative moves to address the need to change. Policies have been initiated in a number of countries, and the Organization for Economic and Cooperative Development (OECD) is promoting policies and guidelines. Many long-term investors are moving away from investing in fossil fuels, and others are trying to change the direction of major fossil fuel companies. The transition to generating electricity is shifting away from coal to sustainable means with a big push towards wind and solar. Heavy industry is embarking on a significant transformation towards more sustainable production methods, with the steel sector harnessing hydrogen, cement facilities capturing and storing emissions, and the aluminium industry embracing innovative technologies to manufacture its products.

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The Current State of the Energy and Process Industry: Where Do We Stand?

  • Robert Bruce Hey

摘要

There are both positive and negative moves to address the need to change. Policies have been initiated in a number of countries, and the Organization for Economic and Cooperative Development (OECD) is promoting policies and guidelines. Many long-term investors are moving away from investing in fossil fuels, and others are trying to change the direction of major fossil fuel companies. The transition to generating electricity is shifting away from coal to sustainable means with a big push towards wind and solar. Heavy industry is embarking on a significant transformation towards more sustainable production methods, with the steel sector harnessing hydrogen, cement facilities capturing and storing emissions, and the aluminium industry embracing innovative technologies to manufacture its products.