Global green

$37 million will be spent on decarbonization of iron and steel production

Scrap production from end-of-life cars is expected to reach 4.6 million tonnes in FY2023 and 7.30 million tonnes by 2029-30

Reduction of emissions ensured the use of RES, energy efficiency and reduction of industrial production

The production of green steel will require approximately 1.5 GW of electrolyzers

Buyers of carbon credits will mainly be enterprises with a high level of emissions

In January, they plan to launch a new round of financing for the transformation of the industry for $235 million

The capital increase ensures that the company can continue to expand production capacity

Additional costs of the health care system will reach $1.1 trillion

The main obstacles to decarbonization are considered to be public opinion, an unclear legal framework, and lengthy procedures for the introduction of new technologies

The weakest progress is observed in the absorption of greenhouse gases, reduction of the ecological footprint of consumption, etc

Low-carbon steel will reduce the intensity of emissions by 66%

In California, all new trucks registered starting January 1 must have zero emissions