emissions - Latest news GMK Center

Last year, the industry's companies spent 28% of their total budget on environmental protection

Energy consumption in the sector fell by 2.1% y/y during the month

The American Iron and Steel Institute welcomed the decision.

The pilot phase will cover 50% of CO2 emissions and will last until 2029, covering the cement, steel, and thermal power industries

Energy consumption in the industry increased by 0.5% y/y during the month

The largest increase in emissions was recorded by households – by 5.2% y/y

Energy consumption in the industry increased by 2.1% y/y during the month

Priority decarbonization measures include transitioning to biofuel in pelletizing, eliminating fossil fuels, and electrifying mining vehicles

Beijing announces expansion of emissions trading system to cover more than 60% of the country's CO2

Energy consumption in the industry decreased by 3.1% y/y during the month

The industry has reduced overall energy consumption and improved the use of clean sources

Increased liquidity of BF capacities compared to EAFs increased emissions in the industry despite a decline in annual steel production