Steel is one of the world’s most widely used materials. It also accounts for 7-8% of global emissions, and ‘greening’ its production process presents an enormous challenge. So how can manufacturers decarbonize this crucial product? On today’s episode, Dana talks with Dr Julia Attwood, BNEF’s Head of Sustainable Materials, and Yuchen Tang, a sustainable materials analyst from Bloomberg’s Beijing office. Together they discuss the tech that’s helping steel manufacturers reduce their emissions, how the EU Carbon Border Adjustment Mechanism is impacting steel manufacturing, and the role nuclear power could play in the sector. Complimentary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal, on bnef.com or on the BNEF mobile app. Links to research notes from this episode: Decarbonizing Steel: Corporate Strategies - https://www.bnef.com/insights/31199 Decarbonizing Steel: Company Profiles - https://www.bnef.com/insights/31409See omnystudio.com/listener for privacy information.

Julia Attwood, BloombergNEF’s Industrial Decarbonization Specialist, joins Dana to discuss expanding opportunities to use captured CO2 and growth in storage capacity for this gas. They also talk about momentum in large-scale chemical recycling of plastics and potential decarbonization of the steel and cement sectors.

Exploring the race to produce green, zero-carbon steel using technologies like recycling, carbon capture, electrolysis, and hydrogen. Guests profile each competitor in the race and discuss potential collaborations. The industry is transitioning away from fossil fuels to combat climate change and reduce emissions.