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СО2 emissions - Latest news GMK Center

Photo – Greenhouse gas emissions in the EU fell by 0.4% y/y in Q2
Greenhouse gas emissions in the EU fell by 0.4% y/y in Q2

The decline occurred amid GDP growth of 1.3% y/y

Photo – Ukraine will collect 88 years’ worth of carbon tax for decarbonization
Ukraine will collect 88 years’ worth of carbon tax for decarbonization

At the same time, the carbon burden on the economy will be higher than in the fourth phase of the EU ETS

Photo – Spain to provide €600 million in subsidies to energy-intensive industries
Spain to provide €600 million in subsidies to energy-intensive industries

Support is intended to compensate for indirect CO2 emissions, with steelmakers among the beneficiaries

Photo – The UK has signed contracts for two carbon capture and storage projects
The UK has signed contracts for two carbon capture and storage projects

These are two commercial initiatives that will become part of the HyNet cluster

Photo – China could reduce emissions by 1.6 billion tons by 2030 – research
China could reduce emissions by 1.6 billion tons by 2030 – research

Steel production may be limited to 900 million tons per year

Photo – Poland demands increase in CO2 import quotas to curb energy prices
Poland demands increase in CO2 import quotas to curb energy prices

Warsaw proposes tripling import quota limits and launching them in 2031

Photo – The European Commission has confirmed that CBAM will be implemented as scheduled
The European Commission has confirmed that CBAM will be implemented as scheduled

The final stage of the mechanism will not be delayed despite market rumors

Photo – North African green steel will soon be in demand in the EU: an overview
North African green steel will soon be in demand in the EU: an overview

Countries in the region can compete with the Gulf as a supplier of resources for decarbonizing eurometallurgy

Photo – The UK steel industry: how and why decarbonization has failed
The UK steel industry: how and why decarbonization has failed

Ill-conceived public policy has created obstacles to the green transition

Photo – The Gulf’s green steel: a look into the future
The Gulf’s green steel: a look into the future

GCC countries can play an important role in decarbonizing global steel industry

Photo – Turkish recipe for green steel
Turkish recipe for green steel

Turkey’s steel production is currently among the most environmentally sustainable globally

Photo – China lags significantly behind its competitors in EAF steel production – research
China lags significantly behind its competitors in EAF steel production – research

The country needs to significantly reduce blast furnace production to achieve climate goals

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