Concrete makers face heavy lift on climate pledges By Reuters – Investing.com

concrete reuters makers heavy
Gulf
  • Date: 01-Jul-2021
  • Source: Investing.com
  • Sector: Oil & Gas
  • Country: Gulf
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Concrete makers face heavy lift on climate pledges By Reuters – Investing.com

By Cassandra Garrison

MEXICO CITY (Reuters) - Cemex, North America’s biggest concrete producer, has vowed to slash carbon dioxide emissions by 40% before 2030 and to eliminate them by 2050, ambitious goals reflecting growing pressure on the industry from regulators and investors.

But steep challenges in technology, cost-control, environmental regulation and building-code compliance could snarl the effort, underscoring the difficulty in cleaning up an industry that is among the world’s biggest greenhouse-gas emitters, according to interviews with Cemex officials, cement and concrete industry groups and specialists in industry emissions.

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