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04 Nov
14:34

Decarbonise now to avoid stranding assets, jobs: Agora

It is of "paramount importance" the steel industry invests now in low-carbon steelmaking technologies that are compatible with climate neutrality, to avoid exposing assets and jobs to high risks in the 2030s and beyond. So says German think tank Agora Energiewende. Around 71% of the world’s coal-based steel blast furnace capacity – 1.09 billion tonnes/year – will reach the end of its operating lifetime before 2030 and require major rein…
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