China is rolling out proposals related to its goal of hitting peak carbon emissions by 2030, including setting an emission peak target for the steel sector at 2025.
ArcelorMittal is looking for partners and public funding to curb carbon emissions from steelmaking in its German operations where alternative technology plans are far advanced, the European head of the world’s biggest steel producer said.
European Union steelmakers may be at loggerheads with the European Commission on how a Carbon Border Adjustment Mechanism can be introduced in Europe, according to views expressed during a European Steelmakers’ Association March 17 webinar that focused on EU climate policy.
Automobile manufacturer The BMW Group has decided to invest through its venture fund BMW i Ventures in the American startup Boston Metal, founded under the auspices of the Massachusetts Institute of Technology and supported by Bill Gates. We are systematically encountering raw materials and components with high CO2 emissions in production in our supplier network. […]
On March 10, 2021, by a majority vote, the European Parliament supported the introduction of a carbon tax (the so-called Carbon Border Adjustment Mechanism (CBAM), which will protect European companies from cheap imports from countries that are not decarbonizing their economy.
The global demand for climate-neutral products is encouraging iron and steel companies to switch to green steelmaking technologies with minimal greenhouse gas emissions. This was stated by the owner of the transnational group Liberty Steel Sanjeev Gupta, reports the Australian media outlet Financial Review.
