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smokestack industry

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smokestack industry
A basic manufacturing industry, such as the automobile, rubber, and steel industries, that has limited growth potential, and earnings and revenues that vary cyclically with general economic activity.


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China, after dizzying economic growth during the past couple of decades -- and all the smokestack industry that went with it -- now admits it's no longer a poor and backward place where global air-quality standards shouldn't apply to an ongoing industrial revolution.
After the United States, Russia has made an upwards revision of about 250,000 tonnes for 1990, the last year of smokestack industry under communist rule.
I think biofuels are the biggest thing since the smokestack industry or the computer industry in the 1980s.
 
 
 
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