This CNN Business article discusses the fact that cement industry produces more CO2 emissions than most countries. It may not survive.
Investors worried about climate change are warning the world’s biggest cement producers to reduce their emissions or face extinction.
A group of investors that manages $2 trillion on Monday pressured cement makers to accelerate efforts to reduce their emissions. The coalition is made up of members of the Institutional Investors Group on Climate Change and Climate Action 100+, a leading campaign group with 320 supporters.