UK, India, US, China, EU aim near-zero emission steel output

• Shubham
• 03 November, 2021

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By: Shubham Ghosh

BRITAIN, along with India, the United States, China and the European Union (EU), will aim to raise production of near-zero emission steel in all parts of the planet by the year 2030, sources in the UK government said on Tuesday (2), Reuters reported.

In a statement, the government said more than 40 world leaders agreed to a plan to achieve clean and affordable technology across the globe in another nine years’ time. Besides steel, the plan will also focus on power, road transport, agriculture and hydrogen.

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“Near-zero emission steel is the preferred choice in global markets, with efficient use and near-zero emission steel production established and growing in every region by 2030,” the UK government’s statement added.

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The deal was announced at the ongoing COP26 climate summit in Glasgow, Scotland, where leaders have vowed to stop deforestation by the end of the current decade and reduce emissions of the potent greenhouse gas methane to slow down climate change which can have devastating impact the world over.

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The steel industry is one of the biggest emitters of carbon dioxide gas in the world and China produces more than half of the steel produced in the world.

The British government’s statement said that the signatories agreed metrics to measure the goal and take initiatives for international collaboration to achieve it but stopped short of giving more details, the Reuters report added.

The US and the EU on Sunday (31) concluded a dispute over steel and aluminium tariffs and said they would work on a global arrangement to tackle “dirty” production.
US president Joe Biden said this would help in curbing access “to our markets for dirty steel from countries like China”.

The US shares a sour relationship with China over trade, geopolitical and other issues.