The World Ahead | Business in 2024
Decarbonisation of industrial activities is beginning
Technology is improving, and policy is starting to shift
By Vijay Vaitheeswaran
The first shots of the nascent “brown-to-green” revolution will be fired in 2024. In the global effort to tackle climate change, governments have focused on cleaning up the generation of electricity by promoting renewables, and greening transportation by boosting electric cars. So far, industrial sectors such as steel, cement, manufacturing and petrochemicals have escaped serious scrutiny.
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This article appeared in the Business section of the print edition of The World Ahead 2024 under the headline “Now for the hard part”