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СО2 emissions - Latest news GMK Center

Photo – Germany approves plans to accelerate hydrogen technology and carbon capture
Germany approves plans to accelerate hydrogen technology and carbon capture

Both technologies have been identified as critical components of the country's quest for carbon neutrality

Photo – China to support a series of low-carbon demonstration projects
China to support a series of low-carbon demonstration projects

Six of the announced projects are related to iron ore mining or steel production

Photo – CBAM pushes other countries to introduce similar fees – IETA
CBAM pushes other countries to introduce similar fees – IETA

Some of the states are likely supporters of the mechanism

Photo – Emissions under the EU ETS decreased by a record 15.5% y/y in 2023
Emissions under the EU ETS decreased by a record 15.5% y/y in 2023

In energy-intensive industries, emissions decreased by approximately 7% y/y

Photo – Glencore to reduce carbon emissions from industrial assets by 25% by 2030
Glencore to reduce carbon emissions from industrial assets by 25% by 2030

The concern has maintained its goal of reducing emissions by 15% by the end of 2026

Photo – Latin American countries continue to develop carbon markets
Latin American countries continue to develop carbon markets

The states of the region are evolving from voluntary to mandatory mechanisms

Photo – Germany considers carbon management strategy
Germany considers carbon management strategy

The relevant legislative changes were proposed by the Ministry of Economy and Climate

Photo – European CBAM will do little to significantly reduce emissions – ADB
European CBAM will do little to significantly reduce emissions – ADB

The mechanism may lead to a decrease in the volume of Asian exports to the European Union

Photo – Thyssenkrupp and CarbonChain launch a tool for green steel procurement
Thyssenkrupp and CarbonChain launch a tool for green steel procurement

The collaboration is aimed at strengthening industry standards for emissions transparency and data quality

Photo – US steelworkers support cross-border carbon tax proposal
US steelworkers support cross-border carbon tax proposal

Bill on relevant import duties introduced in the Senate

Photo – China can bring steel to its carbon market by 2025
China can bring steel to its carbon market by 2025

Currently, the country is discussing the structure of emissions reporting

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