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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

DECEMBER 1, 2021

Another 45% could come from recycled material, and the rest from a combination of older, coal-fired plants fitted with carbon capture systems and innovative processes using electricity to refine iron ore into iron and steel. The steel industry cannot afford to wait for the 2040s to start its transition.

Hydrogen 221
Hydrogen Clean Cleaning Industrial 221
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The War in Ukraine Disrupts Trade in Both Food and Fuel

Cars That Think

AUGUST 29, 2022

Russia ranks second in the extraction of both crude oil (behind the United States and ahead of Saudi Arabia) and natural gas (behind the United States and ahead of Iran), and it is the sixth-largest producer of coal (behind Australia and ahead of South Africa). share in 2020, by contrast, was about 9 percent.

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Ukraine Russia Saudi Arabia Fuel 77
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