Domestic aluminum players need to invest to meet net zero target: ICRA ...Middle East

Domestic aluminium players would need a substantial increase in their renewable energy or low carbon-intensive power sources to meet their ambitious targets of 25 per cent reduction in carbon emissions in the next five-seven years and achieve net-zero status by 2050, ICRA said on Monday. "Domestic aluminium manufacturers have the highest carbon intensity of nearly 17-20t CO2e/tonne of aluminium, owing to the significant use of coal in generating captive power," ICRA said. According to an ICRA note on the primary aluminium industry, this could entail significant capital investments of up to USD 5 billion by 2030 and USD 20 billion by 2050, depending on the renewable energy (RE) mix used. Howe

Hence then, the article about domestic aluminum players need to invest to meet net zero target icra was published today ( Monday 13/03/2023 - 07:29 PM ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Domestic aluminum players need to invest to meet net zero target: ICRA )

Also on site :

• Sixième sommet mondial des installateurs de Huawei : rassemblement des meilleurs installateurs afin d'intégrer les opportunités offertes par les énergies renouvelables à l'ère de l'IA
• L'essor de l'embauche des « New-Collar » : L'expérience l'emporte sur les diplômes, selon un rapport de SOFTSWISS-Pentasia
• Haier celebra la excelencia en París con su nueva gama de productos para el hogar inteligente