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G7 countries must introduce policies to decarbonise industry
Hydrogen Low carbon energy markets Carbon permits Carbon price IEA
Tom Young
30 May 2022
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IEA lays out industry decarbonisation roadmap

G7 countries must introduce near- and long-term policies to ensure adequate transition, agency says

Carbon contracts for difference, public procurement, certification and near-zero-materials mandates can help drive hydrogen use in the G7’s industrial sector, according to the IEA. These policies should be supported with R&D development funding, public-private partnerships and backing for pilot demonstration projects, the IEA says in a report on decarbonising industry, titled Achieving Net Zero Heavy Industry Sectors in G7 Members. On a wider policy level, the move towards carbon pricing is a key factor that will help industry decarbonise. In the near-term, this is likely to be enabled by domestic or regional carbon markets that are eventually linked and protected by carbon border adjust

Also in this section
BP exits $55b Australian green mega-project
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Oil major cites strategy reset as it walks away from Australian Renewable Energy Hub, leaving partner InterContinental Energy to lead one of world’s largest green hydrogen projects
Hydrogen leakage poses growing threat to green scale-up
23 July 2025
Electrolysis seen as most leakage-prone production pathway as study warns of sharp increase through 2030 and beyond
Ammonia ambitions to help drive gas demand
22 July 2025
The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
Stellantis halts hydrogen vehicle programme
16 July 2025
Major manufacturer cancels rollout of new hydrogen-powered vans and strengthens focus on battery electric and hybrid markets

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