Time to retire ‘hard to abate’ as climate solutions become more affordable

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Time to retire ‘hard to abate’ as climate solutions become more affordable - Economic Times

Quick Summary:

Experts recommend 'affordable to abate' to emphasize that technologies are available for high-emission sectors like steel and cement.

Michael Liebreich, chief executive officer of Liebreich Associates and managing partner of EcoPragma Capital, is more blunt.“There are no longer any so-called hard-to-abate sectors,” he wrote for BloombergNEF earlier this year.“There are only some sectors in which clean solutions are not projected to undercut their fossil-based alternatives, perhaps ever.

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