Little-known fact: The primary product of steel mills is CO2.
A conventional blast furnace produces almost two tons of carbon dioxide for every ton of steel. And with almost two billion tons of steel produced annually — roughly 500 pounds for every human, every year — that’s a lot of carbon: about 8% of global energy system emissions. And yet, steel is vital for vast parts of the economy, including the energy transition itself.
So why does steel production emit so much CO2? And what are the pathways to fixing it?
In this episode, Shayle talks to Rebecca Dell, senior director of the industry program at the Climateworks Foundation. They cover topics like:
Canary Media: US pledges up to $1B for two pioneering ‘green steel’ projects
Latitude Media: H2's $5B fundraise is a 'test case' for financing green steel
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