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

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Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. South Africa and India have good iron ore reserves and the potential to produce a large amount of low-cost clean power. The global steel industry is poised to begin a titanic pivot from coal to hydrogen.

Hydrogen 221
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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

Green Car Congress

The DRC’s cost competitiveness comes from its relatively cheap access to land and low engineering, procurement and construction, or EPC, cost compared to the US, Poland and China. We are only at the beginning of the path to achieving net-zero emissions globally. —Ashish Sethia, global head of commodities at BNEF.

Africa 221