From cardboard boxes delivered to our doors to home appliances, nearly everything comes from industrial processes. Those processes use a lot of energy, and largely all the energy is provided by fossil fuels – approximately one-third of U.S. greenhouse gas emissions come from industry. Electrification is a key route to industrial emissions reductions by replacing industrial fossil fuels with electric alternatives. Recent analysis using Energy Innovation’s Energy Policy Simulator showed that electrification could reduce industrial emissions while growing the economy and creating jobs – policies will be key to unlocking electrification’s full industrial sector decarbonization potential in coming decades.
Achieving climate stabilization requires we fully decarbonize global industry, and reaching net zero industrial emissions by 2050–2070 is necessary to limit global warming to 2°C, as industry generated 33% of global anthropogenic emissions in 2014. This research paper outlines the technical measures and policies to boost technological deployment and make net zero industry a reality.
EI’s Jeff Rissman explains how seven policies to achieve industry decarbonization by 2050 will also increase U.S. GDP 3.3% and create more than 5 million additional jobs by 2050.