Avenues To Reduce Carbon Emission In Cement Fabrication To Acquire Carbon Credit
Abstract
The cement industry accounts for roughly 8% of global carbon dioxide emission, and for every tonne of cement procured, a ton of carbon dioxide is released into the air. Cement industry is the backbone of global infrastructure development with no sign of slowing down, as such, it provides the most promising testbed for a carbon credit market to start up. Carbon credit functions as a conversion of money as payment to offset carbon dioxide emission, and can be acquired by reducing carbon emission or its greenhouse equivalents. This carbon credit can then be sold on the carbon market which provides financial incentive for companies to reduce their carbon emission. Acquiring carbon credit can be a viable capital gain strategy in developing nations due to their relatively low labor and overhead costs. This study aims to provide avenues to reduce carbon dioxide emission in cement fabrication as a way to acquire carbon credit for capital gain purposes to developing nations worldwide. This study uses literature review with a descriptive qualitative methodology, with data from relevant books and journals of renowned and reputable publishers online as validity. This study identified three promising avenues to reduce carbon dioxide emission in cement fabrication: alternative cement aggregate material fly ash and bottom ash, carbon capture and storage technology, and alternative fuel in cement fabrication. Three avenues provide pathways for players in the cement industry to adopt according to their capabilities in order to effectively reduce their carbon dioxide emission for acquiring carbon credit.
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