BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits
Green Car Congress
DECEMBER 1, 2021
Efforts to decarbonize steel production are central to the net-zero aspirations of China, Japan, Korea and the European Union. But continuing to build new coal-fired plants will leave producers with only bad options toward a net-zero future by 2050. Retrofit or close any remaining coal-fired capacity by 2050.
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