Tag: How will collective green demand signal push low-CO2 investments in global steel industry?

Aligning the steel industry’s transition with the 1.5-degree pathway of the Paris Agreement now seems to be an almost lost cause. Limiting global temperature rise to below 1.5 degrees centigrade will call for limiting GHG emissions to between 130-235 gigatonnes of C02 (GtC02), which is also called the remaining carbon budget. According to the IEA,…