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...That requires a coherent vision of priorities, and cross-governmental co-ordination — areas in which the UK has not recently excelled....
...There will also have to be closer co-operation between steelmakers and recyclers....
...The key chemical reaction in the furnace involves coking coal, which burns and combines with the oxygen in the iron ore to form CO₂ — isolating the iron, but releasing the greenhouse gas into the atmosphere...
...In an era of snarled-up supply chains and reshoring, this may not appeal to all. But it could preserve steelmaking capabilities in Europe....
...It also wants to use more gas as it moves from traditional blast furnaces to less carbon-intensive electric arc furnaces....
...Gozzi said 80 per cent of Italian steelworks had already shifted to electric furnaces....
...At Palantir, Unwritten co-founder Amos Wittenberg told me, “we were talking almost exclusively about carbon emissions.”...
...Smelting the ore in a furnace generates huge volumes of CO₂, whereas high-pressure acid leaching generates large volumes of waste, she said....
...Shale was “long considered a cash furnace” by investors, as our former colleague Jamie Powell wrote....
...Public discussion of carbon markets has focused heavily on the $2bn unregulated trade in voluntary offsets, issued to fund forest protection or clean cooking stoves....
...Metastable’s factory will use an electrically heated furnace, which can run on solar power grids — a source of renewable energy that India’s government is keen to develop....
...Governments must therefore put in place policies both to help drive down fossil-fuel demand at the required pace, and to ensure that supply falls in line with this reduction....
...Competition commissioner Margrethe Vestager said Brussels would improve co-ordination with governments to help protect the bloc from authoritarian states such as China....
...Only taxing raw materials “could distort the EU wind industry’s supply chain”, the industry body Wind Europe warned in a paper....
...The beeswax is burnt out and the mould filled with molten metal and fired in a furnace....
...That heat then radiates into a complex array of bricks, a version of a system developed for use alongside blast furnaces about two centuries ago....
...David Scaysbrook, co-founder of Quinbrook Infrastructure Partners, an investment manager, said attempts by even wealthy western countries to compete with IRA tax credits have been “drops in the bucket”....
...Switching the UK’s remaining steel blast furnaces, which account for about 15 per cent of the country’s industrial emissions, for electric arc furnaces would cut jobs at those sites by 40 to 45 per cent,...
...Zoltán Berki, a stocky Hungarian man in his fifties, stuffs some twigs in his kitchen’s iron stove, throws on a log or two — and then an old football boot....
...The Spanish tile maker Realonda Established: 1952Number of employees: 100 One-hundred and eighty silver pipes feed into the guts of Realonda’s factory furnace, pumping in a nonstop supply of natural gas...
...While blockages in supply chains have eased, they are still not operating smoothly....
...Alternative binders such as high-quality fly ash and ground granulated blast-furnace slag (GGBS) are becoming increasingly available (both of which emit less CO₂ than cement) but the supply of these alternatives...
...As one hedge fund chief executive puts it: “These furnaces need fuel.”...
...Yet in Adıyaman, experienced relief workers were stunned by the lack of co-ordination....
...This made cities and their populations the focal point for historians; it also meant that both were vulnerable to supply shocks, whether as the result of conflict, of demand exceeding supply or of adverse...
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