BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits
Green Car Congress
DECEMBER 1, 2021
Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. The steel industry cannot afford to wait for the 2040s to start its transition. South Africa and India have good iron ore reserves and the potential to produce a large amount of low-cost clean power.
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