Biden Climate Summit Requires Bold Industrial Decarbonization Plan

The authors contend that while corporate pledges to reduce emissions are increasing, the decarbonization of heavy industry—which accounts for approximately 18% of global carbon emissions—requires significant government funding and regulatory support. They highlight the 'Global Framework Principles for Decarbonizing Heavy Industry' as a tool to coordinate these efforts and criticize the gap between the climate rhetoric and actual policy actions of leaders in the US, China, Japan, and India.

• Heavy industry is a critical target for climate action, accounting for roughly 18% of all global carbon emissions, with the steel sector alone responsible for approximately 8%.
• Private sector commitments to decarbonization, such as those from ArcelorMittal, Nippon Steel, POSCO, and Baowu Steel, are insufficient without government funding and policy support, as the cost of transitioning facilities can be immense.
• Mighty Earth and The Climate Group developed the 'Global Framework Principles for Decarbonizing Heavy Industry' to provide a playbook for governments and the private sector to align heavy industry—including chemicals, cement, and steel—with a 1.5°C warming trajectory.
• There is a significant gap between the public climate pledges and the actual financial or strategic implementation by leaders in major industrial nations, including the US, China, Japan, and India.

APA

Kine, P., & Larkin, M. (2021). Biden Climate Summit Requires Bold Industrial Decarbonization Plan. Mighty Earth. https://mightyearth.org/article/biden-climate-summit-requires-bold-industrial-decarbonization-plan/

Chicago

Kine, Phelim, and Megan Larkin. Biden Climate Summit Requires Bold Industrial Decarbonization Plan. Mighty Earth, 2021. https://mightyearth.org/article/biden-climate-summit-requires-bold-industrial-decarbonization-plan/.

Wikipedia

{{cite press release |last1=Kine |first1=Phelim |last2=Larkin |first2=Megan |title=Biden Climate Summit Requires Bold Industrial Decarbonization Plan |publisher=Mighty Earth |date=21 April 2021 |url=https://mightyearth.org/article/biden-climate-summit-requires-bold-industrial-decarbonization-plan/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{kine2021biden, author = {Kine, Phelim and Larkin, Megan}, title = {{Biden Climate Summit Requires Bold Industrial Decarbonization Plan}}, publisher = {Mighty Earth}, year = {2021}, month = apr, url = {https://mightyearth.org/article/biden-climate-summit-requires-bold-industrial-decarbonization-plan/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }