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