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BMW Group to procure low-carbon steel from Salzgitter AG for European plants; second low-carbon steel deal

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The BMW Group is expanding sourcing of low-carbon steel to two suppliers, meeting up to 40% of steel demand at European plants by 2030. In October 2001, the group announced an agreement with Swedish startup H2 Green Steel. Our aim is to reduce vehicles’ lifecycle carbon footprint with a holistic approach.

Carbon 293
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BMW Group secures CO2-reduced steel for global production network

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Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. Steel is one of the main sources of CO 2 emissions in our supply chain.

BMW 444
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Rhodium Group estimates US GHG emissions rose 1.3% in 2022

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Based on preliminary economic activity and energy data, Rhodium Group estimates that greenhouse gas (GHG) emissions in the US slightly increased in 2022, rising 1.3% This reversal in 2022 was largely due to the substitution of coal with natural gas—a less carbon-intensive fuel—and a rise in renewable energy generation.

Emissions 273
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Carbon Energy to license underground coal gasification technology to Shanxi Coal

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Australia-based Carbon Energy signed its first. international technology license agreement with Chinese coal giant Shanxi Coal. Transportation and Sales Group (Shanxi Coal), to be its exclusive underground coal gasification (UCG) technology partner for the Shanxi Province. million payable within 30 days of.

Coal 225
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Rio Tinto validates BioIron process for low-carbon iron-making; biomass and microwave energy

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Rio Tinto has shown the effectiveness of a low-carbon iron-making process using ores from its mines in Australia in a small-scale pilot plant in Germany, and is now planning the development of a larger-scale pilot plant to further assess its potential to help decarbonize the steel value chain. Earlier post.)

Carbon 199
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Global Carbon Project: Global carbon emissions growth slows, but hits record high

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Driven by rising natural gas and oil consumption, levels of CO 2 are expected to hit 37 billion metric tons this year, according to new estimates from the Global Carbon Project (GCP), an initiative led by Stanford University scientist Rob Jackson. The group found that the U.S., Coal use should drop a further 10% in the E.U.

Carbon 195
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Electra raises $85M to advance Low-Temperature Iron process; electrochemical refining at 60?C

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Electra has raised $85 million to produce Low-Temperature Iron (LTI) from commercial and low-grade ores using zero-carbon intermittent electricity. Electra’s process emits zero carbon dioxide emissions and carries zero green premium, meaning it will cost the same or less than existing production methods powered by fossil fuels.

Coal 360