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. But continuing to build new coal-fired plants will leave producers with only bad options toward a net-zero future by 2050. Retrofit or close any remaining coal-fired capacity by 2050.
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