Business Heather O’Brian - 06/July/2023

The complex world of industrial clusters

Accounting for as much as one-fifth of overall CO2 emissions, industrial clusters are emerging as an attractive target for decarbonisation. With most of the focus on CCS and the hydrogen economy so far, industrial clusters are starting to see their ripples of impact spread further afield

Clubbing together can realise significant benefits if the web of complexity can be navigated

SHARING THE LOAD Companies within an industrial cluster can divide investment costs and tap into a broader knowledge base 

NOT ONLY NET ZERO Innovation, economic growth and jobs are also a focus of decarbonisation projects 

KEY QUOTE Hard-to-abate sectors must move more quickly—and think more in terms of the economy, environment and social sustainability—than single-industry approaches allow  ...

 

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