There is an intense debate about how to close the gap between the current climate policy and the aim of the Paris Agreement to achieve close to net-zero emissions by mid-century. The materials and chemicals that heavy industry produces are essential inputs to major value chains: transportation, infrastructure, construction, consumer goods, agriculture.

Material Economics' study Industrial Transformation 2050 - Pathways to Net-Zero Emissions from EU Heavy Industry starts with a broad mapping of options to eliminate fossil CO₂-emissions from production, including many emerging innovations in production processes. It also integrates them with the potential for a more circular economy: making a better use of the materials already produced and so reducing the need for new production.