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ArcelorMittal publishes concept for global low-carbon emissions physical steel standard

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ArcelorMittal published a concept for a low-carbon emissions steel standard to help incentivize the decarbonization of steelmaking globally and support the creation of market demand for physical steel products which would be classified as lower, and ultimately near-zero, carbon emissions steel.

Standards 431
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Novel adaptation for existing blast furnaces could reduce steelmaking emissions by 88%; closed-loop carbon recycling

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Researchers from the University of Birmingham have designed a novel adaptation for existing blast furnaces that could reduce CO 2 emissions from the steelmaking industry by nearly 90%. billion in 5 years while reducing overall UK emissions by 2.9%. If implemented in the UK alone, the system could deliver cost savings of £1.28

Carbon 468
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Chevron New Energies, Crowley invest in marine hydrogen tech company Zero Emission Industries

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Zero Emission Industries (ZEI), a hydrogen technology company for maritime, announced the first close of its Series A funding round. Chevron New Energies launched in 2021 to focus on establishing lower carbon businesses in CCUS, hydrogen, renewable fuels and products, offsets, and other emerging areas.

Chevron 334
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Ammonia market to triple by 2050 with nearly all growth coming from low-carbon supply; shift to energy markets

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The global market for ammonia is poised to triple in the coming decades with nearly all of the growth coming from low-carbon ammonia, according to a new analysis by S&P Global Commodity Insights. The rapid growth in ammonia driven by low-carbon supplies will change the current market beyond recognition.

Market 195
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SKF partnering with electric motorcycle maker CAKE to implement bearings with lowest possible carbon emissions

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SKF has signed a letter of intent with CAKE, the Swedish maker of premium, lightweight, electric motorcycles, to explore how it can incorporate bearings produced with the lowest possible carbon emissions. SKF experts will also work with CAKE to look at ways to further reduce emissions as part of the project.

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LCA finds EMN high-purity manganese products have lower carbon footprint than incumbent industry

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Highlights of the results include: The GWP of HPEMM produced at Chvaletice, using 100% renewable power, is 64% lower than the estimated GWP of HPEMM produced by the incumbent industry. HPMSM produced via EMM dissolution has a carbon footprint 59% lower at Chvaletice compared to HPMSM produced in China.

Carbon 243
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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

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In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. trillion per year by 2050.

Clean 429