🚨⚡The #steel industry faces up to USD 518 billion in stranded asset risk ⚡🚨 Our new report shows the scale of write downs if the 345.3 mtpa of #emissions-heavy blast furnace basic oxygen furnace capacity proposed or under construction is developed. 🧵/1

50 countries generated more than 10% of their electricity from wind and solar last year. The Economist reports, using Ember's 🌪️☀️ data. economist.com/technology-qua…

Steel: The agreed #EUETS reform & #CBAM puts a phase-out of coal-based blast furnaces in the 🇪🇺 by 2034 within reach! For industrialised steelmaking countries, this will become a new important benchmark. A very strong signal to accelerate the global steel transformation. 🧵1/7

🚨Today marks the start of an era 🚨 The world's 1st commercial-scale (largely) H2-based DRI plant has been completed in 🇨🇳. The 1.2 Mt DRI plant will use H2-rich coke oven gases and is designed to run fully on H2, once green H2 supply is available. mp.weixin.qq.com/s/p1Pvn5fE_3jC

Climate change is due to our cumulative emissions, not just our emissions today. While rich countries have started decreasing emissions in recent decades, rich country emissions are still responsible for a substantial majority of the 1.2C warming to-date carbonbrief.org/analysis-which…

#Klimabilanz 2022 mit doppelter Überraschung: niedrigster Energieverbrauch seit Wiedervereinigung, trotzdem keine Emissionseinsparungen ➡️ Treibhausgase stagnieren mit 761 Mio. t CO2-Äq auf Vorjahresniveau. Mehr Kohlestrom macht Spareffekte zunichte, 2022-Klimaziel verfehlt. 1/15

Agora Energy Transition China is recruiting a Beijing-based Advisor China Industry. We are looking for a team player with skills in carrying out in-depth analyses on industrial energy use and process decarbonisation. Link mp.weixin.qq.com/s/_AoJSeiIrNHO…

We are still looking for a Beijing-based Advisor China Industry to focus on industrial sector decarbonization, including chemicals, iron and steel and cement. Check out for details on Agora Energy Transition China and possition requirements mp.weixin.qq.com/s/kUKaXXFLsMsF…

OPPORTUNITY: Are you a future driver of change in your country’s #energytransition? Do you have a special interest in #H2 and #PtX? Then Agora’s Hydrogen & PtX Training is for you! Learn more and apply for the Fall 2023 #training by 03rd April 2023: bit.ly/2ClKzeI

We are hiring an Advisor China Industry to focus on promoting industrial sector decarbonization in China. Help me spread it out please agora-energiewende.de/zh/%E5%85%B3%E…