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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

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. South Africa and India have good iron ore reserves and the potential to produce a large amount of low-cost clean power. China will continue to play a pivotal role.

Hydrogen 221
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

Green Car Congress

2 ] Rasmussen’s “one agreement, two steps” plan was quickly endorsed by US President Obama, as well as Australia’s Prime Minister Rudd and Russia’s President Medvedev, all of whom were present at the APEC summit. Australia is considered to be one of the most vulnerable developed nations to climate change.

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