TARGETING EMISSIONS-TO-LIQUIDS PROJECTS WILL DELIVER BLUER SKIES AND FASTER ECONOMIC RECOVERY
During the COVID-19 pandemic, many cities around the world have experienced significant reduction in air pollution. The drop in nitrous oxide and particulate matter, two of the most serious elements of urban smog, has been measured to be on the order of 20%- 55% in major European cities[1]. As a result, the inhabitants have been able to enjoy bluer skies. It is also well documented that persistent exposure to air pollution leads to serious health risks. Recently published studies[2] suggest that this has also been the case for COVID-19, with higher numbers of serious cases observed in areas with long-term air pollution issues.
Another important factor to consider are the economic effects and how to stimulate a faster recovery once the pandemic has receded. A study published earlier this month by Nobel laureate Joseph Stiglitz, Nicholas Stern and others [3] suggests that an economic stimulus package targeting green projects delivers greater economic benefits than traditional fiscal stimulus and should be prioritized.
Reduced air pollution and green technology go hand in hand towards improving public health and economic growth. Industrial nations must thus accelerate the green transition in industry and transport.
Through our pioneering work in commercializing Carbon Capture and Utilization technology, CRI has shown there is a scalable pathway based on renewable energy, turning pollution into clean burning fuels and defossilized chemicals.
To learn more how CRI’s ETL process technology provides an economic solution to a cleaner environment, check out these recently published articles:
Curbing carbon emissions with green methanol - The Chemical Engineer
From harmful gas to essential fuel: The evolution of carbon recycling - Chemicals Technology