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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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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). Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries.

Hydrogen 221
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. Low-carbon gas. —Ashish Sethia, global head of commodities at BNEF. MMbtu in Russia, $8.7/MMbtu Natural gas in the long term.

Gas 243
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Global Carbon Project: Global carbon emissions growth slows, but hits record high

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Driven by rising natural gas and oil consumption, levels of CO 2 are expected to hit 37 billion metric tons this year, according to new estimates from the Global Carbon Project (GCP), an initiative led by Stanford University scientist Rob Jackson. and China account for more than half of all carbon dioxide emissions globally.

Carbon 195
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Poor air quality to remain a problem in India despite pollution control policies

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in 2030 even if India were to comply with its existing pollution control policies and regulations. In January 2019, the Indian government launched the National Clean Air Program (NCAP), a five-year action plan to curb air pollution; build a pan-India air quality monitoring network; and improve citizen awareness.

Pollution 268
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European Environment Agency report finds carbon capture and storage could also impact air pollution

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Carbon capture and storage (CCS) involves capturing carbon dioxide released by power stations and other industrial sources, and burying it deep underground. The report shows that while CCS may have an overall positive effect on air pollution, emissions of some pollutants may increase.

Pollution 218
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Black carbon linked to increased cardiovascular risk; exacerbated by co-exposure to motor vehicle emissions

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Black carbon (BC) from incomplete biomass and fossil fuel combustion is the most strongly light-absorbing component of particulate matter (PM) air pollution and a major climate-forcing emission. Air pollution mitigation efforts focusing on reducing combustion pollution are likely to have major benefits for climate and human health.

Carbon 275
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Siemens Energy, FFI and GeoPura developing prototype ammonia cracker to produce hydrogen

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million) ammonia cracker prototype designed to produce green hydrogen at industrial scale. This innovative green ammonia cracker could be a game-changer for scaling up the green hydrogen industry – an important step to drive the energy transition. A Siemens Energy-led consortium has begun work in Newcastle, UK on a new £3.5

Hydrogen 488