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decarbonization - Latest news GMK Center

Photo – By 2030, JSW Steel plans to reduce carbon emissions by 42%
By 2030, JSW Steel plans to reduce carbon emissions by 42%

Investments in various initiatives to reduce emissions will amount to more than $1 billion

Photo – European Parliament has supported the implementation of CBAM and ETS
European Parliament has supported the implementation of CBAM and ETS

Parliament is ready to start negotiations with the EU government on the final text of the laws

Photo – Protectionism turns “green”: here is how
Protectionism turns “green”: here is how

CBAM was just the beginning of a new trend

Photo – European Parliament has directed CBAM and ETS bills for revision
European Parliament has directed CBAM and ETS bills for revision

340 PMs voted against the amendments to the bills, 265 voted in favor and 34 abstained

Photo – EUROFER calls on the European Parliament to review ETS and CBAM
EUROFER calls on the European Parliament to review ETS and CBAM

According to EUROFER, EU Emissions Trading and Cross-border Carbon Tax Proposals derail green transition

Photo – G7 pledge to decarbonize energy sectors by 2035
G7 pledge to decarbonize energy sectors by 2035

The G7 also agreed to end the financing of most overseas fossil fuel projects by the end of this year, and to end subsidies for heavily polluting fuels by 2025

Photo – The war in Ukraine will not stop global decarbonisation: scrap issue
The war in Ukraine will not stop global decarbonisation: scrap issue

Scrap is still the most important material for reducing emissions in steel industry

Photo – Global scrap consumption rose by 12% in 2021
Global scrap consumption rose by 12% in 2021

Last year scrap usage as a raw material for steel production increased to 32%

Photo – Ukraine’s steel industry place in “green” supply chains
Ukraine’s steel industry place in “green” supply chains

Ukraine has every chance to become a supplier of DRI products and carbon-free steel to the world market

Photo – Metinvest and SMS group to make a steel decarbonization research
Metinvest and SMS group to make a steel decarbonization research

The parties signed a memorandum of understanding

Photo – EU is ready to support Ukraine in drafting environmental policies
EU is ready to support Ukraine in drafting environmental policies

Fees collected from companies that emit the most greenhouse gases should be invested in the economy

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