Steel manufacturing is energy intensive. That means it creates a significant amount of carbon emissions. Can the metal be created without those carbon emissions? Siemens and other European companies seem to think so, as they are looking at making steel without carbon emissions that contribute to climate change.
(3BL Media/Justmeans) – China’s months-long stock market crisis has affected markets around the world. In recent weeks, five trillion dollars in value has been wiped away as investors sold shares over fears about the country’s slowing economy. It has been a turbulent time. However, there has been a glimmer of hope as China launched its first carbon efficient financial index, in a bid to direct capital towards its growing low-carbon industry.
At least six degrees Celsius of global warming could be possible by century's end if current rates of growth in fossil fuel emissions remain stable, according to a new analysis from PwC, one of the "Big Four" accounting firms.
Google Inc. (NASDAQ:GOOG) has been successfully testing a breakthrough biofuel at its headquarters in Mountain View, Calif. The biofuel, made by California-based Cool Planet Energy Systems, is produced using a "carbon negative" process that actually removes carbon from the atmosphere during the course of production.
"For the first time we have made no improvement in our rate of decarbonization. We have in fact increased the carbon intensity of growth." -- State of Green Business Report 2012
"We will not continue to take savings and deposits from Nigerians and then lend to companies that will use the funds to destroy the environment." -- Mallam Sanusi Lamido Sanusi, Nigerian central bank governor
Steel manufacturing is energy intensive. That means it creates a significant amount of carbon emissions. Can the metal be created without those carbon emissions? Siemens and other European companies seem to think so, as they are looking at making steel without carbon emissions that contribute to climate change.
