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Volvo signs SteelZero for net-zero goals

New initiative by Climate Group to reduce steel CO2 emissions Metal Tech News – June 1, 2022

Volvo Cars has become the first carmaker to sign up with the SteelZero initiative, a net-zero steel pledge, which commits the European automaker to stringent carbon dioxide-based steel sourcing requirements by 2030, with the final goal of purchasing all its steel from fossil-fuel-free sources by 2050.

Steel production is a major source of CO2 emission for the automotive industry, averaging 33% of...


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