Only One Industry Can’t Survive Without Fossil Fuels

In recent months I’ve been leaning into the EU’s carbon border adjustment mechanism. I am asked about it regularly, including during a Dalian, the head of commodity and energy trading at Afry, a 17,000, 100+ location, globally-operating, Swedish engineering, advisory, and design firm that grew out of its 1890s origins as a steam generation association. Payne asked:

Ammonia-based fertilizer is over-used today. The higher cost of green ammonia-based fertilizer will drive efficiencies in farming. These include agrigenetic nitrogen-fixing solutions likeNext, lets look at the ‘substituted by imports’ part. That’s what the carbon border adjustment mechanism is for. Imports will be charged the same carbon price as domestically manufactured goods. The third largest economy in the world will be pricing carbon for all imports from all economies.

I should have said: “If anything in your value stream uses fossil fuels for energy or emits a lot of methane…” The syngas DRI approaches use natural or coal gas right now for the most part, but can use biomethane instead for that. Biomethane is a climate problem as well, but a well integrated anaerobic digestion to syngas to DRI plant would reduce concerns there. The syngas DRI energy requirements can easily be met with green electricity as well.

Of industrial heat, about 45% of energy requirements are for heat below 200° Celsius. Current heat pump technology can deliver all of that. Any solution which depends on fossil hydrocarbon feedstocks will be paying the carbon price on methane emissions from oil, gas, and coal extraction, processing, refining, and distribution streams, which are leaky. Coal extraction comes with a lot of methane leakage as coal seams are disrupted and mountain tops removed. Oil extraction, especially via fracking, comes with a lot of methane leakage. Unsurprisingly, natural gas — which is mostly methane — extraction comes with arecently.

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