David Worford reports in Energy + Environment Leader that steel manufacturer Nucore has launched a carbon-neutral steel product.
- Nucor will create the steal by using renewable energy and carbon offsets to negate emissions.
- General Motors will be the first company to use the carbon-neutral steel starting next year.
- In July Nucor announced that it would reduce greenhouse gas intensity of its steel mills by 77% and its scope 1 and 2 emissions by 35% by 2030.
- Nucor is yet another example of the private sector leading the way in reducing greenhouse gas emissions.
“Nucor says the availability of Econiq will be limited at first but that it will be available across all of its steelmaking product lines. Some of the industries the green steel product will be available to include automotive, construction, renewable energy and infrastructure.”
Read the full article here.