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IG Metall warns that Krupp Mannesmann steel plant may fail due to lack of financing for conversion to climate-neutral steel production

Green Car Congress

IG Metall, Germany’s largest union as well as Europe’s largest industrial union, warns that at Hüttenwerke Krupp Mannesmann (HKM), the switch to climate-neutral steel production is may fail due to the lack of financing. HKM aims to reduce CO 2 emissions by 30% by the year 2025, and then be as climate neutral as possible by 2045.

Financing 221
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Australian thermal coal mine aims for Q4 restart on supply deal – ET Auto

Baua Electric

Surging prices for coal last year have led to some new coal mines ramping up after the war in Ukraine exacerbated a supply shortage brought on by growing reluctance from climate conscious investors to funding new fossil fuel projects. In March it had said it expected to restart in the second half of 2023.

Coal 40
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RWE and ArcelorMittal intend to build and operate offshore wind farms and hydrogen facilities for low-emissions steelmaking

Green Car Congress

The partnership centers on driving forward the production of carbon-neutral steel, with a plan to replace coal with wind power and green hydrogen as the main source of energy in steel production at ArcelorMittal’s steelmaking sites in Germany. Industry needs both in large quantities as soon as possible in order to achieve its climate targets.

Wind 195
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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Preparing the US for the impacts of climate change. Earlier post.).

Obama 249
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How Smart Energy Management for EV Charging Is Connected to the COP26 UN Climate Change Conference

Driivz

We found ourselves thinking about how Smart Energy Management for EV charging is connected to the COP26 UN Climate Change Conference; Countries from around the world continue to focus on reducing greenhouse gas (GHG) emissions as a key strategy for reducing the rate of global warming.

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A Few Words on Eco Terrorists, Cowards and Courage

Creative Greenius

The people whose business model is to wreck the ecology and the climate and profit from it. These are the people who in the face of science that says we must transition from fossil fuels to renewable energy or destroy the futures of our children and all who come after them, still want to drill for oil that should never be burned.

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The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

Increased shareholder activism, combined with global warming policies of institutional investors and NGOs, are pushing IOCs in a corner, constricting financing options for oil companies. With less financing options for IOCs, and also oilfield services, the already existing investment gap in upstream investment worldwide will only grow wider.

Oil 231