The State of Industrial Decarbonization

Decarbonization is the process of reducing human-caused carbon emissions. As governments, businesses, and communities worldwide seek to reduce their dependence on fossil fuels, they realize that achieving decarbonization is a principal challenge.

In this article we share:

  • What has been learned about decarbonization initiatives that maximize economic and environmental benefits while minimizing social and financial costs
  • The Past - where decarbonization first started back in 2005 with the European Emission Trading System
  • The Present - Scope 1, Scope 2 and Scope 3 emissions and how refineries are responding to the 2015 Paris Agreement with new technologies and processes
  • The Future – the concept of a System of Systems approach to enable clusters of industrial sites owned by different operators to achieve higher optimization through the sharing of select operational information