India Looking to Frame Policy for Mandatory Use of Green Steel in Government Projects

The minister said that emissions by the steel industry have been brought down by 15 percent between 2005 and 2022 and set a target for a further 10 percent reduction by 2030.

SEATTLE (Scrap Monster): The Indian government is considering framing a policy for making use of ‘green steel’ mandatory in government-financed projects, minister of steel Jyotiryaditya Scindia said in a statement on Tuesday, December 20.The minister said that emissions by the steel industry have been brought down by 15 percent between 2005 and 2022 and set a target for a further 10 percent reduction by 2030.

The minister said that emissions by the steel industry have been brought down by 15 percent between 2005 and 2022 and set a target for a further 10 percent reduction by 2030.

The short-term plan looks at reduction of carbon emissions through energy and resource efficiency in renewable energy. The medium-term plan (2030-47) looks at Carbon Capture Utilization and Storage as well as the usage of possibly green hydrogen. And, the long-term plan (2047-70) looks at a complete move over from ore-based and coal-based to much more technological innovations to come down to net zero,” Scindia said.

Courtesy: www.steelorbis.com

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