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Post by oracle75 on Feb 18, 2023 22:23:49 GMT
www.bbc.com/news/business-64538296"Steel is usually made in a process that starts with blast furnaces. Fed with coking coal and iron ore, they emit large quantities of carbon dioxide and contribute to global warming. The production of steel is responsible for around 7% of the world's greenhouse gas emissions. But in Boden, (Sweden) the new plant will use hydrogen technology, designed to cut emissions by as much as 95%. Although the first buildings have yet to go up on the remote site, the company behind the project, H2 Green Steel, believes it's on course to roll out the first commercial batches of its steel by 2025." Meanwhile the UK is still digging huge holes in the ground and relying on fossil coking coal for steelmaking. It will be old technology before the mine is even opened. What is wrong with what used to be an economy that was cutting edge and ahead of its time? Why are the politicians and heads of industry, spending money on last century's manufacturing processes? It is just so sad to see the fading of the light.
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Post by Pacifico on Feb 18, 2023 22:34:12 GMT
Does it make a profit? - the BBC for some reason skated over that small point.
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