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India’s Steel Demand Report
February 2 , 2020
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- World Sustainable Development Summit released its report on India’s Steel Demand.
- According to the report, if the steel demand of the country continues to grow, the carbon-dioxide emissions from the steel sector will reach 600 million tonnes by 2050.
- According to the TERI's report 'Towards a Low Carbon Steel Sector', the current carbon-dioxide emissions from steel sector is 242 Million Tonnes.
- TERI suggests penalty for emissions starting from 2030.
- This will force industries to adopt deeper decarbonization technologies.
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