Matthew Hutson writes in The New Yorker on new innovations in carbon-free steel.
- Steel making is a very carbon-intensive process and accounts for 7% of global CO2 emissions each year.
- A Swedish steel company, Hybrit, has found a potential breakthrough that could eliminate the carbon footprint of steel by using hydrogen to remove oxygen from ore, rather than carbon.
- Hybrit has successfully used this new technique to produce steel at a pilot plant and has plans to launch into full development.
- Private sector innovation is making the breakthroughs that are needed to meaningfully reduce emissions.
Read the full article here.