News
Crucial for a Clean Energy Economy, the Aluminum Industry’s Carbon Footprint Is Enormous
A new report finds aluminum manufacturing worldwide emits more than a billion tons of carbon dioxide annually, as well as chemicals called perfluorocarbons that warm the planet for 50,000 years.
By Phil McKenna
Aluminum is crucial for a clean energy economy, but its production is a leading source of greenhouse gas emissions as well as toxic air and water pollution, according to a new report by the Environmental Integrity Project on the “paradox” of aluminum.
Related Knowledge Center: Climate economics
State of Play
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”