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1CO2 UTILIZATION Germany has published its Climate Action Plan 2050 and has committed it- self to reducing greenhouse gas emissions by 80–95% of 1990 levels by the year 2050, with interim targets set for the years 2020, 2030 and 2040. This ambitious goal can only be achieved through drastic cuts in the use of con- ventional fossil energy resources. The signatories to the UN Climate Conference agreed • to the long-term goal of limiting the increase in global average tem- perature to well below 2 °C above pre-industrial levels • to the goal of limiting the temperature rise to 1.5 °C, as this would significantly reduce the risks and impacts associated with climate change • on the need to ensure that global emissions peak as soon as possible, while recognising that this will take longer to achieve for developing countries • to undertake rapid reductions thereafter in accordance with the best available science Source: European Commission https://ec.europa.eu/clima/policies/international/negotiations/paris_de, retrieved25.05.2017 e Making use of CO2 as a chemical feedstock can make a significant contribu- tion to reducing CO2 emissions in a number of industrial sectors provided that certain conditions are met, particularly the use of renewable sources of energy to drive the processes involved. It must, however, be emphasised that CO2 utilisation represents only a small portion of the total quantities of CO2 currently being emitted into the atmosphere and that using CO2 as a chemical feedstock cannot be the sole solution to the greenhouse gas emis- sions problem. CO2 utilisation essentially offers a means of optimising the carbon footprint of individual industrial processes. This situation is analo- gous to that in which a broad range of individual energy efficiency measures can, when taken together, produce a significant reduction in CO2 emissions. There is no one single solution to the problem of climate change. A whole raft of different measures need to be implemented in order to mitigate emis- sions of greenhouse gases into the atmosphere in accordance with the objec- tives of international climate action plans. The greatest contribution to reducing greenhouse gas emissions must come from the energy sector and renewable energy sources will therefore contin- ue to play a significant role in this regard. The transport sector will also need to change, with partial electrification in conjunction with the transition to a renewable sources of energy representing a major step in the right direction. Expanding the role played by renewable sources of energy brings with it the 16PDF Image | Chemical Processes and Use of CO2
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