Toward a Low-Carbon Industrial Sector in Mexico

This article analyzes the possibility of substantially reducing greenhouse gases (GHG) in the Mexican industrial sector by applying a Low-carbon (LC) scenario, through a period of 25 years, composed by a set of mitigation options that involve the use of energy efficiency, materials recycling, cogeneration and renewable energy. Results reveal that a GHG peak of 226 million tons of equivalent CO2 could be reached by 2030 with a GHG reduction of 26.5%, compared to a Base scenario, demonstrating that the LC scenario could exceed Mexico's Nationally Determined Contributions objective of reducing 19% of its industrial sector GHG by 2030. Additionally, GHG reduction of 47% could be achieved by 2035. Finally, the economic viability of the LC scenario was evaluated using a cost-benefit approach. As a result, economic benefits above $24,000 million dollars could be achieved due the energy savings generated are greater than costs to implement the mitigation options.