What are the environmental and regulatory cost considerations in catalysis?
Environmental and regulatory considerations can significantly impact the cost structure in catalysis. Compliance with environmental regulations often requires the use of specific catalysts that minimize harmful emissions and waste. The costs associated with developing, implementing, and maintaining compliant catalytic processes can be substantial. However, environmentally friendly catalysts can also create opportunities for cost savings through reduced waste disposal fees, lower energy consumption, and potential tax incentives or subsidies for sustainable practices.
