TNPSC Thervupettagam

First Green Steel Taxonomy

December 19 , 2024 6 days 117 0
  • India has unveiled the world’s first Taxonomy of the Green Steel aimed at decarbonizing the steel industry.
  • The taxonomy defines green steel standards to support the country’s net-zero goals by 2070.
  • The taxonomy introduces a star-rating system to classify green steel based on emission intensity.
  • Five-star green steel is requiring emissions below 1.6 tonnes of CO2 per tonne of finished steel (tCO2/tfs).
  • Steel with emissions below 2.2 tCO2/tfs will qualify for green certification.

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