decarbonization - Latest news GMK Center

So far, the European Commission has avoided giving clear answers about the prospects for easing the mechanism for Ukraine.

The actual impact of the mechanism on Ukraine is significantly worse than the European Commission had forecast (-0.01% of GDP)

Free allowances will cover approximately 75% of the industrial sector's emissions

The European Commission has acknowledged the issue regarding the use of default emission values, and it will be resolved in the near future

Global Energy Monitor expects global blast furnace capacity to increase by another 88 million tons by 2035

Funding will be provided to nine projects aimed at strengthening industry and energy security

Funding for CO2 capture and storage technologies has been proposed for the first time

SteelWatch’s Executive Director on the progress and challenges in the global steel industry’s green transition

The partnership involves investing in and scaling up solutions for low-carbon steel production

The company acknowledges that the transition will be more challenging and expects to reduce its carbon intensity by up to 10% by 2030

In particular, the market is moving toward stricter standards for low-carbon products

The conference explores the future of the metallurgy industry, with a focus on digital transformation and sustainable development