Industrial 'decarbonization' will require putting a price on carbon emissions, combined with mandatory carbon reductions
Decarbonization will require a 'man on the moon' strategy
According to the American Council for an Energy Efficient Economy, up to 15% of industry's emissions could be cut through better energy management.
In 2018, Louisiana Industry was responsible for 62% of the 217 million tons of greenhouse gases released statewide.
According to LSU Professor David Dismukes, a small number of major emitters are responsible for an outsized share of the problem, with the top 20 carbon emitters responsible for more than a quarter of the state's emissions.
For plants in the petrochemical and refining sector, the top 20 emitters include #10 Valero Refining Meraux & #15 PBF Energy Chalmette.
Valero Refining Meraux 2012 2,384,289 metric tons CO2 and 2019 2,290,120 metric tons CO2.
PBF Energy Chalmette 2012 1,573,489 metric tons CO2 and 2019 1,591,902 metric tons CO2.
After industry, transportation — including trucks and vessels used by industry — is the next biggest emitter of carbon, representing 20% of the state's 2018 emissions. That's followed by the generation of electricity, mostly by utilities, at 13%, with some of that electricity also used by industry.
"We'll need federal assistance equivalent to the effort to get a man on the moon," Flozell Daniels, president of the Foundation for Louisiana and a member of [Governor Edwards'] task force, said Friday. “It’s important to first recognize that we’re at a level of crisis that requires an extraordinary response."
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