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Nippon Steel to invest in Canadian coal company; steelmaking coal offtake agreement

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EVR), which will be spun-off from Teck as an independent publicly-listed Canadian company and will own and operate the steelmaking coal business previously conducted by Teck. Nippon Steel has conducted technological development to reduce CO 2 emissions by injecting hydrogen into blast furnaces since 2008.

Coal 273
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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

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Global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 billion tonnes, their highest ever level, as the world economy rebounded strongly from the COVID-19 crisis and relied heavily on coal to power that growth, according to new IEA analysis. In 2021 alone, China’s CO 2 emissions rose above 11.9 billion tonnes.

Emissions 370
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Mercedes-Benz AG and H2 Green Steel secure supply deal and an MoU to establish N American supply chain

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Mercedes-Benz has signed a supply agreement with Swedish start-up H2 Green Steel (H2GS) ( earlier post ) over approximately 50,000 tonnes almost CO₂-free steel per year for its European press shops and deepened its partnership through a Memorandum of Understanding (MoU) with the aim to establish a sustainable steel supply chain in North America.

Supplies 170
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Roskill: CO2 emissions from lithium production set to triple by 2025

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With demand for lithium set to increase over the next decade, Roskill has calculated , using its in-house analysis, that CO 2 emissions from lithium production are set to triple by 2025 versus current levels and to grow by a factor of six by 2030, with the vast majority of this coming from mineral concentrate production, shipping and refining.

Emissions 459
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Rhodium Group estimates US GHG emissions rose 1.3% in 2022

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Based on preliminary economic activity and energy data, Rhodium Group estimates that greenhouse gas (GHG) emissions in the US slightly increased in 2022, rising 1.3% While this is the second year in a row that emissions have increased, it nonetheless marks a change from 2021, when emissions rebounded faster than the economic growth rate.

Emissions 273
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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. Global fossil CO 2 emissions have now grown 0.6% CO 2 emissions from natural gas use have grown a sustained 2.2% increase in 2021.

Global 221
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thyssenkrupp Steel, HKM and Port of Rotterdam jointly investigate setting up hydrogen supply chains

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German steel companies thyssenkrupp Steel and HKM and the Port of Rotterdam will jointly investigate setting up international supply chains for hydrogen. Green hydrogen is a sustainable alternative to coal, oil and natural gas.

Hydrogen 305