Global green
According to forecasts, the share of fossil fuels in global generation will decrease from 61% in 2023 to 54% in 2026
Due to the construction of the DRI plant, the cost of a ton of steel will increase by approximately €50
In China, the steel industry is already included in 6 out of 8 regional carbon markets
Turkey received 10.7 million tons of ferrous metal waste from the EU, that is, 60% of all exports
The program will also encourage the early closure of mines
The law shortens the process of obtaining permits to 18 months for large production projects and 12 months for smaller ones
According to climatologists, cooling the planet is an urgent need, as humanity has significantly disrupted the Earth's energy balance
The only way to stop global temperature rise is to rapidly reduce greenhouse gas emissions
Such a goal requires almost complete decarbonization of industry in 16 years
China creates 26% of all human emissions
Only 9% of the world's plastic waste is recycled, and the rest ends up in landfills or incinerators
The profit from STV is a source of financing the green transition