MELBOURNE, Sept. (Hfrance.fr) - Groupe BHP ( BHP.AX) on Tuesday set out its goal of achieving zero net emissions by 2050 from the operations of its customers in travaliant with them to reduce the carbon of their processes.
BHP, the world's largest miner, has already committed to extinguishing emissions directly from its own operations and reduce its indirect emissions by means such as using more energy from renewable sources by then as well.
The steel industry is one of the most polluting industries in the world and the shift to focus on net zero emissions from the use of its raw materials by the sector marks an escalation in its efforts. BHP said its definition of achieving net zero includes the use of carbon offsets.
The miner called his goal a "ambitious " rather than concrete target, because it has not yet determined a specific path to achieve it.
The steel industry should be un the slowest sectors to decarbonise because it requires the combustion of carbon and iron at high temperature, creating carbon dioxide as a by-product.
Although Australian steelmakers and iron ore miners are working to produce steel-free carbon from iron ore, potentially using hydrogen, the process is not expected to become economical until the end of this decade. at the earliest.
"The most significant contributions to our Scope 3 inventory come from the emissions generated by the fabrication of steel during processing of iron ore and llurgical coal, "said BHP.
These emissions represent 96% of the total reported emissions of BHP, which over the course of the The previous fiscal year amounted to 418.7 million tonnes of carbon dioxide equivalent. Reporting by Melanie Burton; Edited by Tom Hogue
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