Today, ResponsibleSteel, a collaboration between leading steel companies and NGO’s, is launching ResponsibleSteel International Standard 2.0 to drive a shift to a decarbonized industry. Key features of the standard include achieving the “fastest global transition to a near zero steel sector” and provisions to prevent burning forests at a large scale (biomass) instead of coal, helping ensure that the steel industry of the future is powered by clean energy.
Glenn Hurowitz, CEO and Founder at Mighty Earth said:
Notes: [1] Values extracted from LCA here: https://publications.csiro.au/rpr/download?pid=csiro:EP104971&dsid=DS
It estimates 10.6 tons of tree are needed to produce 1 ton of charcoal and plantations yield 10-30 t/ha/year. This paper estimated that for 20% substitution of world BF/ BoF . 870MT total and at 10.6 t/ha/y need 127 million hectares. At 30 t/ha/year need 43 million hectares/year.
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