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Coal-based steelmaking plans jeopardize India's net-zero target: Global energy monitor

IndiaTimes Tuesday, 10 December 2024
India's substantial investments in new coal-based steelmaking jeopardize its 2070 net-zero target. The country's large pipeline of emissions-intensive blast furnaces risks $187 billion in stranded assets. The reliance on coal in steel production poses a significant challenge to decarbonizing the industry and achieving long-term sustainability.
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