BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits
Green Car Congress
DECEMBER 1, 2021
Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. Another 45% could come from recycled material, and the rest from a combination of older, coal-fired plants fitted with carbon capture systems and innovative processes using electricity to refine iron ore into iron and steel.
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