Remove Affordable Remove Carbon Remove Cleaning Remove Coal
article thumbnail

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

Green Car Congress

Steel production could be made with almost no carbon emissions through $278 billion of extra investment by 2050, according to a new report from research firm BloombergNEF (BNEF). The steel industry cannot afford to wait for the 2040s to start its transition. Retrofit or close any remaining coal-fired capacity by 2050.

Hydrogen 221
article thumbnail

IEA: time to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future

Green Car Congress

In a major new report on hydrogen, the International Energy Agency says that the time is right to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future. A wide variety of fuels are able to produce hydrogen, including renewables, nuclear, natural gas, coal and oil. —Dr Birol.

Clean 255
article thumbnail

Rivian to turn coal mine to solar energy center in Kentucky

Teslarati

The Starfire Mine, Kentucky, was once one of the largest coal mines in the United States. “Shifting our energy system toward carbon neutrality goes beyond electrifying the roughly 1.5 The post Rivian to turn coal mine to solar energy center in Kentucky appeared first on TESLARATI.

article thumbnail

Steelmaker ArcelorMittal Europe targets 30% cut in carbon emissions by 30% by 2030

Green Car Congress

The target for ArcelorMittal Europe – Flat Products is in line with an ambition announced in May to be carbon neutral in Europe by 2050. Fossil fuel carbon capture and storage, where the current method of steel production is maintained but the carbon is then captured and stored or re-used rather than emitted into the atmosphere.

Carbon 195
article thumbnail

Stealth Ventures Ltd. and Clean Coal Ltd. Partner on Underground Coal Gasification Project in Nova Scotia

Green Car Congress

has entered into an agreement with Clean Coal Ltd., an internationally based company whose technical team is based in the United Kingdom, for the development of an Underground Coal Gasification (UCG) project in Nova Scotia. Clean Coal Ltd. Clean Coal Ltd. Clean Coal Ltd.

Coal 170
article thumbnail

Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

Green Car Congress

In addition, President Obama issued a Presidential Memorandum creating an Interagency Task Force on Carbon Capture and Storage to develop a comprehensive and coordinated federal strategy to speed the development and deployment of advanced lower-emission coal technologies.

Obama 218
article thumbnail

DOE awards $2.4M to 3 projects for next-generation grid energy storage

Green Car Congress

The US Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) recently awarded $2.4 million in funding for three projects to advance novel thermal and hydrogen energy storage technologies toward increased duration, reliability and affordability. WE New Energy Inc.