HP Impact: Air pollution control industry benefits from global initiatives
By 2015, revenues for suppliers of air pollution control systems, services, consumables and components will reach $80 billion. The strong growth trend will not be slowed by global warming initiatives..
By 2015, revenues for suppliers of air pollution control systems, services, consumables and components will reach $80 billion. The strong growth trend will not be slowed by global warming initiatives, concludes market researchers with the McIlvaine Company (www.mcilvainecompany.com).
A carbon tax would seem to discourage construction of new coal-fired boilers. It would seem logical that initiatives to reduce global warming would have a negative effect on the industry that depends for more than half its revenues on coal-fired power plant owners. Furthermore, other major purchasers such as chemical plants and pulp mills are dependent on the low-cost electricity delivered by coal generator
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