Sure. But I expect more of an investor effect. Investors have felt for some time that this sector was dead and finished. This is the kind of news that will attract old and new investors like to flies to honey!!!
The coal companies will take a hit here, and natural gas power plants have already taken the lead over coal even before the rule was proposed. But the Cement industry, Lafarge, can not solve their CO2 issue by switching from coal to cheaper, less CO2 emitting natural gas.
Cement is an important construction ingredient produced in virtually all countries. Carbon dioxide (CO2) is a byproduct of a chemical conversion process used in the production of clinker, a component of cement, in which limestone (CaCO3) is converted to lime (CaO).