Steel Industry Set to Pivot to Hydrogen in $278 Billion Green Push

December 2, 2021

Steel production could be made with almost no carbon emissions through $278 billion of extra investment by 2050, according to a new report from research firm BloombergNEF (BNEF). Hydrogen and recycling are likely to play a central role in reducing emissions from steel production. Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries.

Read more here.

Related News

01.21.22

Carbon capture, hydrogen projects gain funding from Wyoming agency

The Wyoming Energy Authority and Energy Resources Council recommended funding requests for carbon capture utilization and storage projects...

CONTINUE READING >
01.21.22

Kentucky forms a regional hydrogen hub workgroup

The primary purpose of the hydrogen hub workgroup will be to develop projects eligible for funding under the...

CONTINUE READING >
01.19.22

Hydrogen Hub Developments Across the U.S.

With 2022 upon us, states across the U.S. are kicking off their legislative sessions and governors are or...

CONTINUE READING >