HYBRIT — a joint venture between SSAB, Vattenfall, and mining company LKAB — aims to revolutionize a steel industry that, by some estimates, produces nearly 10% of all harmful greenhouse gas emissions.
In a bid to meet its stated “carbon free” goals, Volvo is teaming up with Swedish steel manufacturer SSAB and its HYBRIT initiative, which is being called “the industry’s most ambitious and advanced project” in terms of fossil-free steel development.
“We’re electric, so we don’t have to worry about combustion engines producing toxic emissions – but that doesn’t mean our job is done,” says Polestar’s Head of Sustainability, Fredrika Klarén. “We will now work to eradicate all emissions stemming from production.”
H2 Green Steel (H2GS) will use hydrogen produced with renewable energy from Sweden’s Boden-Luleå region. By 2030, H2GS expects to be producing five million tons of high-quality zero-emissions steel annually.
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The developers hope to make the city one of the world’s largest-scale testing grounds for zero-emission technologies. If the initiative works as proposed, Gothenburg Green City Zone will implement 100% emission-free transport modes by 2030.
Felix, a Swedish food brand, has opened a climate-conscious store that will guide buyers to make informed decisions when purchasing food items. In the newly opened store, items are priced based on their carbon footprint.