Green steels and carbon footprint
- August 5, 2023
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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Green steels and carbon footprint
Subject: ENVIRONMENT
Section: Climate Change
Section: Green steel to overcome EU’s proposed Carbon Border Adjustment Mechanism (CBAM)
What is green steel?
- Essentially, green steel is the manufacturing of steel without the use of fossil fuels.
- So-called “green hydrogen” is one solution that could help reduce the steel industry’s carbon footprint.
Prelims Titbits
Schemes in news
- Agriculture Infrastructure Fund https://optimizeias.com/agriculture-infrastructure-fund/
- Smart City Mission https://optimizeias.com/smart-cities-mission-scm/
Places in news:
- Bevan
- Novorossiysk port
- Belarus-Poland -Lithuania Russia Border
- Kaliningrad
Concept builders:
- Regional Rural Banks
- CD ratio, Gross NPAs , Provision coverage ratio (PCR ) and Current and aavings account (CASA)