The iron and steel industry has a huge carbon footprint. It uses vast amounts of coal and emits vast amounts of CO2. A German steelmaker aims to switch to hydrogen produced with renewable energy in its blast furnaces.
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In line with a government program, Germany will shutter its coal-powered plants to drastically reduce CO2 emissions. But until this coal exit is completed in 2038 at the latest, the country will need imports.
By turning renewable electricity into fuel, power-to-X could free transport, heating and industrial process from fossil fuels — once costs fall.
Everyone is talking about the dangers of man-made carbon. Yet getting businesses to get it out of the environment is a Herculean task. Still new CO2 mitigating production ideas may be around the corner for steelmakers.
Burning fossil fuels to meet rising energy demand has pushed carbon dioxide emissions to a record high. Can innovation save us from global warming?
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