In Germany, a new report from the International Council on Clean Transportation, reveals that only four of the 17 major automakers selling vehicles in Europe and North America have committed to using fossil-free steel by 2030. Fossil-free steel, produced using technologies like green hydrogen, can reduce steel-related emissions by up to 95% with minimal cost increases of around 100-200 euros per vehicle, according to the report.
ICCT Associate Researcher Dr. Marta Negri emphasized the opportunity for automakers to lead the shift to green steel, noting that their demand could help transform one of the world’s most polluting industries. The report also recommends that policymakers offer financial incentives and establish green steel quotas to further encourage automakers to increase their commitments.
By acting now, the auto industry has a significant chance to avoid locking in high-carbon technologies and accelerate the transition to cleaner production methods.
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Tags: fossil-free steel, Germany, hydrogen, International Council on Clean Transportation
Category: Fuels
