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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.

Emissions 431
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BNEF: global carbon capture capacity due to rise sixfold by 2030

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The global capacity for carbon capture in 2030 is set to increase sixfold from today’s level, to 279 million tons of CO 2 captured per year, according to research company BloombergNEF’s (BNEF) newly released 2022 CCUS Market Outlook. of global emissions. The amount of CO 2 being captured today is 43 million tons, or 0.1%

Carbon 293
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Li-Metal successfully produces lithium metal directly from lithium carbonate at Ontario pilot plant

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Li-Metal’s successful demonstration of lithium metal production from carbonate further advances the its vision to establish North American-based lithium metal production capacity that next-generation battery developers can leverage.

Carbon 395
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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

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These heterogeneous effects mean that different countries will have differing incentives to abide by the Paris Agreement, which aims to limit global warming below 2 °C relative to pre-Industrial levels. The price of carbon should then be set at this price, everywhere. —Cruz & Rossi-Hansberg.

Carbon 397
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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. mtpa low-carbon hydrogen capacity was announced in the US, Denmark, Egypt, Canada, Portugal, and other countries.

Hydrogen 473
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Navigator CO2 to provide ~600k TPA of CO2 as a feedstock for ultra-low carbon Infinium eFuels

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Electrofuels provider Infinium and comprehensive carbon management company Navigator CO2 entered into a Memorandum of Understanding and long-term relationship for Navigator to deliver 600,000 tons per annum (TPA) of biogenic carbon dioxide from its Heartland Greenway system to a future Infinium facility for the production of electrofuels (eFuels).

CO2 273
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Equatic combines CO2 removal and carbon-negative hydrogen generation; pre-purchase option with Boeing

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Carbon removal company Equatic recently spun out from the UCLA Samueli School of Engineering’s Institute for Carbon Management to deploy the first technology that combines CO 2 removal and carbon-negative hydrogen generation. The good news is that the costs are low enough to allow unprecedented scaling and adoption globally.

Hydrogen 170