Climate-change fight adds to global inflation scare
The inflation scare that’s become a major theme in markets is getting fresh momentum from the climate-change battle and the huge economic transformation now underway.
By By Rachel Morison, Bloomberg News
As governments recognize the importance of climate action and push every corner of the economy to decarbonize, industries from glass to steel to autos are being left with little choice but to change how they make products and ultimately what they sell. The technical hurdles and investment involved mean it’s going to cost much more. Just two examples: Making glass without poisoning the planet costs 20 percent more, cleaner steel is up to 30 percent more expensive.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Ursula von der Leyen visits Ørsted's coming PtX facility
For subscribers
Europe's wind industry urges ban on landfilling spent blades
For subscribers
.jpg&w=384&q=75){kind=logo}
