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decarbonization - Latest news GMK Center

Photo – The UK has launched the second round of carbon capture licensing
The UK has launched the second round of carbon capture licensing

14 locations are proposed for exploration and evaluation

Photo – Carbon price in the EU ETS to hit €126/t by 2030
Carbon price in the EU ETS to hit €126/t by 2030

Reducing benchmarks and planned free allowance phase-out drive expectations for price increases

Photo – Ferrexpo’s 2024 ESG achievements: progress despite the war
Ferrexpo’s 2024 ESG achievements: progress despite the war

The company continues to demonstrate commitment to responsible growth under extraordinary pressure

Photo – Turkey outlines structure of future emissions trading system
Turkey outlines structure of future emissions trading system

The pilot phase of the Turkish ETS will run from 2026 to 2027

Photo – Acciaierie d’Italia has become a strategic partner of the H2Loop project
Acciaierie d’Italia has become a strategic partner of the H2Loop project

The site managed by the company was selected for the placement of pilot installations

Photo – The EC is to consider the impact of CBAM on Ukraine by the end of the year
The EC is to consider the impact of CBAM on Ukraine by the end of the year

The European Commission's logic is that CBAM is one of the sources of the EC's own financing

Photo – ResponsibleSteel, China, and Europe to agree on global standards for green steel
ResponsibleSteel, China, and Europe to agree on global standards for green steel

Agreements between relevant organizations will expand a common approach to measuring and classifying greenhouse gases

Photo – EU policy could accelerate decline in foundry production – Federacciai president
EU policy could accelerate decline in foundry production – Federacciai president

Antonio Gozzi also criticized the current focus on hydrogen metallurgy

Photo – EU and China join Brazil in carbon market coalition
EU and China join Brazil in carbon market coalition

The initiative aims to bring countries together to harmonize relevant practices and standards

Photo – Green steel, grey realities: bridging the EU-Ukraine gap
Green steel, grey realities: bridging the EU-Ukraine gap

Europe and Ukraine are on parallel paths toward decarbonization, and they can succeed acting together

Photo – ArcelorMittal Belgium postpones climate project due to weak market
ArcelorMittal Belgium postpones climate project due to weak market

The company is not prepared to invest €2 billion in decarbonizing its plant in Ghent due to low profitability

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