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Illuminem summarizes for you the essential news of the day. Read the full piece on The Conversation or enjoy below:
🗞️ Driving the news: British Steel has announced a £1.25 billion investment to replace two blast furnaces at Scunthorpe with electric arc furnaces, following the UK government's pledge to support Tata Steel’s transition to electric arc furnace technology at Port Talbot with £500 million
🔭 The context: Steel is a vital material globally, used for various applications due to its strength and recyclability
• The UK, producing under 6 million tonnes of steel annually, is shifting towards more sustainable steelmaking methods to reduce its carbon footprint
🌍 Why it matters for the planet: Electric arc furnaces, which can use up to 100% scrap steel, offer a significant reduction in carbon emissions compared to traditional methods
• This shift could dramatically lower the steel industry's impact on the environment, a crucial step given the urgent need to tackle climate change.
⏭️ What's next: The adoption of electric arc furnace technology is part of a broader trend in Europe towards sustainable steelmaking
• With significant investments in green technologies, the UK could emerge as a leader in low-emission steel production, provided it secures the necessary government and private sector support.
💬 One quote: "As global temperatures continue to rise and the climate emergency deepens, the need for a decarbonised steel industry is greater than ever."
📈 One stat: The traditional steelmaking process emits about 2.32 tonnes of CO₂ per tonne of steel, while using electric arc furnaces with 100% scrap steel can reduce emissions to 0.67 tonnes of CO₂ per tonne
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