Sign up to receive occasional updates on major climate and energy finance news and developments, and notification of new reports, presentations and resources.
"*" indicates required fields
Read our privacy statement here.
While BlueScope, Australia’s largest steel producer, is making major strides in the US, in Australia, it has proposed to sink $800m to $1bn into a reline of currently decommissioned blast furnace #6 at Port Kembla Steelworks – outdated technology that is hugely carbon intensive, and entirely inconsistent with the science based target initiative (SBTi), given that steelmaking releasing more than 3 billion tonnes of carbon annually. This plan would entrench a legacy, high carbon emissions technology in the heart of Australian steelmaking for decades to come, just as we stand on the brink of an existential climate challenge coupled with momentum for positive change.