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. Moreover, Brazil is expected to have one of the lowest costs for hydrogen production by 2030, according to research by BloombergNEF. Most of the costs to make green steel come from operations, rather than capital costs.
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