Summary

Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. Ammonia production consumes as much as 2% of the world's energy and generates roughly 1.5% of global greenhouse gas emissions, largely because the industry still relies on a century-old process powered by fossil fuels. Roughly 80% of the 200 million metric tons of ammonia produced globally every year goes into nitrogen fertilizers, with the rest used in plastics, textiles, explosives and other industrial chemicals.

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