Tag #Green Steel

Showing 13 to 23 of 23 results

dw.com
🌐 85% Global Worthiness
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Namibia's HyIron Plant: Green Steel Production and Economic Transformation

Namibia's HyIron plant, operational since March 2024, uses solar power to produce 15,000 tons of green iron annually, aiming for 2 million tons by 2030, creating jobs and potentially transforming the economy, though challenges remain in securing international off-take agreements.

Progress

40% Bias Score

Climate Action
taz.de
🌐 85% Global Worthiness
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Germany's First Green Steel Furnace to Open in 2027

Thyssenkrupp's new furnace in Duisburg, Germany, will begin producing green steel by late 2027, using a direct reduction process and renewable energy sources to reduce carbon emissions significantly, with 2 billion euros in funding from the German government.

Progress

40% Bias Score

Climate Action
smh.com.au
🌐 85% Global Worthiness
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Whyalla Steel Mill Receives $2.4 Billion Bailout, Green Steel Future Uncertain

The Australian government pledged $2.4 billion to rescue the Whyalla steel mill, with immediate funding of $484 million and a further $1.9 billion dependent on securing a buyer committed to green steel production, presenting both economic and political risks.

Progress

52% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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Scholz Warns of Bleak Future for German Steel Without Green Transition Support

German Chancellor Olaf Scholz warned that the German steel industry faces a bleak future without government support for its transition to green steel, contradicting challenger Friedrich Merz who advocates for a more cautious approach, prioritizing a clear plan before exiting traditional methods.

Progress

44% Bias Score

Industry, Innovation, and Infrastructure
news.sky.com
🌐 75% Global Worthiness
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UK Doubles Aid for Tata Steel Job Losses in Wales

The UK government doubled its financial aid to \u00a330 million for businesses and workers affected by job losses at Tata Steel's Port Talbot plant in Wales, providing grants of up to \u00a3250,000 for retraining and investment to mitigate the impact of the company's shift to greener steel productio...

Progress

24% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 85% Global Worthiness
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Tata Steel Needs Billions in Subsidies to Survive Amidst Financial Crisis

Tata Steel in IJmuiden is facing a €556 million loss and potential job cuts due to cheap Chinese steel and high energy costs, necessitating billions in government subsidies for emission reductions, modernization, and the creation of a sustainable business model for green steel production in the face...

Progress

40% Bias Score

taz.de
🌐 85% Global Worthiness
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Germany's Accelerated Warming, EU's Lenient Climate Policy, and Green Steel's Hydrogen Hurdle

Germany saw a 0.3-degree Celsius temperature rise in 2024, prompting the German Weather Service to revise its warming projections; the EU delays penalties for automakers missing CO2 targets, while ThyssenKrupp plans a green steel furnace facing hydrogen supply challenges.

Progress

28% Bias Score

Climate Action
zeit.de
🌐 65% Global Worthiness
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Salzgitter Doubles Cost Cuts Amidst €348 Million Loss

German steelmaker Salzgitter is doubling its annual cost-cutting target to €500 million by 2028 to offset a €348 million loss in 2023, while continuing its green steel production and exploring opportunities in defense and infrastructure.

Progress

44% Bias Score

Decent Work and Economic Growth
politico.eu
🌐 85% Global Worthiness
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Merz Vows to Scale Back Climate Policies to Boost German Industry

Germany's likely next chancellor, Friedrich Merz, plans to scale back climate policies to boost industrial competitiveness, potentially reversing billions of euros in investments and jeopardizing Germany's leadership in green technologies, while facing opposition from other parties.

Progress

48% Bias Score

Climate Action
zeit.de
🌐 75% Global Worthiness
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SPD Urges Swift Constitutional Change for NRW Municipal Debt Relief

The SPD in North Rhine-Westphalia is pushing for a constitutional amendment to allow the federal government to help municipalities with high legacy debts, arguing that the current Bundestag offers a better chance of securing the necessary two-thirds majority than the next one.

Progress

56% Bias Score

Reduced Inequality
nos.nl
🌐 85% Global Worthiness
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Tata Steel's Financial Crisis Threatens Thousands of Jobs

Tata Steel in IJmuiden is facing a €556 million loss and job cuts due to cheap Chinese steel, high energy costs, and potential US import tariffs, necessitating billions in government subsidies for decarbonization while facing pressure from unions and political parties to act quickly to save thousand...

Progress

52% Bias Score

Showing 13 to 23 of 23 results