Unlocking the Potential of Green Molecules for a Sustainable Future
Key Ideas
- Merlyn Gregory from Deloitte emphasizes the potential of green molecules like green hydrogen and biofuels in decarbonizing hard-to-abate sectors.
- Current costs are a barrier to the widespread adoption of green molecules, hindering the progress of decarbonization efforts.
- Financial Times offers a service providing insights on ESG regulations, which are crucial for fostering sustainability initiatives.
- The article highlights the importance of unlocking the potential of green molecules for a more sustainable and climate-friendly future.
Merlyn Gregory, a partner at Deloitte focusing on sustainability and climate strategy, highlights the significance of green molecules such as green hydrogen and biofuels in the global drive towards decarbonization. Despite their promise in decarbonizing hard-to-abate sectors, the prohibitive costs associated with these technologies remain a major challenge. The article underlines the necessity of addressing these cost barriers to enable wider adoption of green molecules and accelerate the transition to a low-carbon economy. In addition, it mentions a service provided by the Financial Times that offers insights on ESG regulations, which play a crucial role in shaping sustainability practices and policies. By leveraging green molecules effectively and overcoming cost challenges, industries can advance their decarbonization efforts and contribute to a more sustainable future.