Leading Chinese and global metallurgical group Baowu announced the establishment of a global alliance to promote innovations in the low-carbon metallurgy (Global Low-Carbon Metallurgical Innovation Alliance) for joint control of greenhouse gas emissions and climate change.
Decarbonization of the steel industry in China implies a gradual replacement of converters with electro-metallurgical plants. Such information is contained in the road map presented by the China Metallurgical Industry Research Institute (MPI).
Honda has asked its major parts suppliers to achieve net zero carbon dioxide emissions by 2050, a source familiar with the request said Tuesday, making the automaker the first in Japan to roll out a long-term reduction plan for a whole supply chain.
The world’s biggest oil exporter, Saudi Arabia, has pledged to cut its carbon emissions to net zero by 2060.
South Korea set a new goal on Monday for fighting climate change over the next decade, saying it will aim to cut its greenhouse gas emissions to 40% below 2018 levels by 2030.
Volvo and SSAB partnership on carbon-free steel production is just beginning
