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In the event you’re searching for a case examine in how web zero-emissions targets are reshaping the financial system, cement is a reasonably good place to begin.
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Cement is mainly just like the glue that holds concrete collectively, and it’s the second most generally used constructing materials on the planet — after water. It additionally produces about 7 per cent of world carbon emissions.
This week’s All the way down to Enterprise options David Perkins, vp of communications and authorities affairs, North America at Heidelberg Supplies, one of many world’s largest producers of constructing supplies.
Earlier in April, Perkins travelled from Texas to only outdoors Edmonton, Alberta the place his firm plans to construct the primary web zero emissions cement facility on the planet — at a price of about $1.36 billion.
How precisely can a cement firm afford that? Perkins defined how Heidelberg plans to monetize the funding, how authorities contributions and coverage are aiding these targets and the way carbon discount is altering the best way cement is made and used.
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• Electronic mail: gfriedman@postmedia.com | Twitter: GabeFriedz
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