The American Chemistry Council has unveiled a three-point plan focused on clean energy manufacturing and solutions like carbon pricing that will help the Biden administration make good on the president's pledge to reduce emissions by up to 52% by 2030. "Meeting climate goals will be impossible without a vibrant chemical industry and the energy-saving and renewable applications its products enable - from solar panels and wind turbines to electric and fuel-efficient vehicles, high-performance building materials, advanced batteries, and more," said President and CEO Chris Jahn.
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A provision to ban extended polystyrene in food packaging within a Washington state bill awaiting Gov. Jay Inslee's signature is a "step backward" and Inslee should use a line-item veto to remove it, said the American Chemistry Council. "Legislators should instead focus on creating the infrastructure to recycle EPS and help create a more circular economy," said ACC's Joshua Baca.
Senate Republicans have released an infrastructure plan that would cost an estimated $568 billion, compared with the $2.3 trillion package proposed by the Biden administration. The proposal focuses on traditional infrastructure projects and broadband access. Senate Minority Leader Mitch McConnell, R-Ky., said his party's plan "has the potential to be a reasonable and bipartisan alternative, and we're hoping that Democrats are interested in doing something along those lines."
The Biden administration's climate agenda is a tremendous opportunity for the chemical industry, including American Chemistry Council members focused on emissions reductions and innovation, say ACC's Anne Kolton and Ross Eisenberg in this podcast. Kolton and Eisenberg discuss what the administration's whole-of-government approach means for the industry and ACC policy priorities, such as working with the administration on setting a social cost for carbon.
The US and Canada's new commitments to reduce greenhouse gas emissions will likely buoy demand for chemicals used in clean energy technologies, electric vehicles, energy-efficient buildings and some appliances. Chemical manufacturing accounts for 3% to 4% of US emissions, per the American Chemistry Council.
BASF, Quantafuel and Remondis have signed a memorandum of understanding to scale chemical recycling and partner on a pyrolysis project. "Partnering with companies from the waste management and recycling sector as well as innovative technology providers is an ideal constellation to build a sustainable circular economy model for previously non-recycled plastic waste," said BASF executive Lars Kissau.
Pluton Biosciences has partnered with Bayer AG to find microbes in soil that sequester carbon, as part of the company's larger mission to took carbon out of the air and put it into the soil. The partnership's goal is to develop a soil amendment -- a tank for farmers to spray for microbes to grow in the soil -- scrubbing 2 tons of the air's carbon for each acre per year while replenishing the soil's nutrients.
CEOs should be giving constructive feedback to senior leaders so that they keep growing, learning and adding value, writes Grant W. Levitan. "You have the person's best interests at heart and are authentically aligned with their ambitions; this almost always comes across when presented with a positive mindset," he writes.
The American Chemistry Council on Thursday issued a set of policy recommendations to enable dramatic reductions in greenhouse gas emissions. The plan is built around three imperatives -- developing and deploying clean manufacturing technologies, pricing carbon, and promoting the adoption of emissions-reducing solutions.
"As President Biden convenes world leaders and sets an ambitious new U.S. target to address the global challenge of climate change, we've created a policy platform to advance progress in the manufacturing sector and U.S. economy," said ACC President and CEO Chris Jahn. "As a nation, we need to boost clean manufacturing innovation and supersize the use of energy-saving materials and technologies. The third piece is a clear, consistent, and effective way to reduce emissions economy-wide. ACC has long supported market-based, economy-wide carbon price signals as part of our climate policy principles. The proposals we're putting forward today are concrete steps that could help the Biden Administration advance its goals announced today," he added.