In this episode of The Clinker Factor, we welcome back Tobias Woerner, Managing Director & Founder of Belsize Capital, who previously joined the podcast as part of our mini-series to discuss the cement industry from an investment perspective. Guest Host Daniel Summerbell, Co-Founder & Chief Solutions Officer at Gigaton (formerly Carbon Re) and WCA Member, catches up with Tobias to hear how his perspective has evolved since his move from equity research into consultancy and independent investment advisory. Tobias shares his latest views on the global macro environment and construction markets, before turning to the latest EU Commission ETS proposals and what they could mean for the cement industry. The conversation also explores the role of CCUS in decarbonisation, the challenges associated with its deployment, and why SCMs and other decarbonisation technologies are likely to become increasingly important. Looking ahead, Tobias considers how markets, regulation, capital and the energy transition are reshaping the outlook for cement and construction, and what investors and industry leaders should be watching next.
What is The Clinker Factor?
Cement production is responsible for approximately 7% of global greenhouse gas emissions and is possibly the hardest to abate sector.
In this podcast series, the World Cement Association’s CEO, Ian Riley, talks to industry leaders, experts and technological innovators from across the globe, bringing insights and fresh perspectives on how the cement sector can decarbonise and improve sustainability.
Suitable for anyone interested in climate change mitigation and industrial sustainability.