Climate neutrality is transforming industrial value chains
Future decreases in fossil fuel imports will significantly alter industrial value chains throughout Europe. That is the conclusion of a study published by the German Energy Agency (dena), the trade union IGBCE’s Foundation for Labor and Environment and the Potsdam Institute for Advanced Sustainability Studies (IASS).17 Feb 2022
Emerging dependencies and competitive relationships go hand in hand with the growing importance of green hydrogen, states the report. This also affects raw materials like platinum and iridium, which are essential for producing hydrogen and related technologies and components. And it is not just about new sources of critical resources, but also promoting values, standards, socioeconomic development, and political stability in Europe. The report underscores the importance of transitioning from a linear to a circular economy, which goes far beyond recycling; it requires a profound restructuring of industrial value chains, new and innovative business models, significant investments in research and development, and restructuring the labor market.
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