The chemicals industry historically has been permitted to release thousands of m.t./year of carbon dioxide (CO2) and other green house gases (GHG) into the environment from manufacturing plants at no financial cost. That is starting to change, however, with the emergence of climate change regulations, including emission trading schemes, which are making companies financially liable for their CO2 emissions in certain regions of the world. Many chemical companies are developing novel technologies and systems designed to cut CO2 emissions, sequester CO2, and even...
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