Metallurgy — latest ecology news
They should reduce the impact of these industries on the environment and human health
Spoiler: potentially very big
According to People's Deputy Olena Kryvoruchkina, their total funding will amount to $30 million
Representatives of government, business, scientists and experts worked together on the document
It was developed taking into account the most relevant international practices
The volume of reduction of CO2 emissions in the country may amount to 200 million tons by 2026, which is equal to all emissions of the EU steel sector
The funding will support some of the most advanced decarbonisation developments in the steel industry
Competitors from other countries will also incur similar additional costs
In 2022, the construction sector's energy-related emissions exceeded the "pre-pandemic" peak by 2%
Funding was allocated as part of a large-scale program for decarbonization of industry for $171 million
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