Long lifetime of capital assets used in cement manufacturing - Decarbonizing cement industry Challenges - CLIMAX
Cement industry equipment have long lifetimes. Retiring them early to switch to alternative technologies would incur very large costs.
Lack of scalable solutions
Lack of tech avenues for increased energy efficiency and emissions reductions
Challenge in changing the production process
Lack of global standards for green concrete
Long lifetime of capital assets used in cement manufacturing
Challenges from competitive market structures