Type to search

Indian-Owned Plant Faces Carbon Challenge: Telegraph

Tata-owned facility is one of the UK’s top carbon polluters and will need to find ways to make steel with less carbon dioxide output


A bilingual road sign points to the Tata steelworks in Port Talbot, Wales. Photo: Reuters

 

The tasks of decarbonising the economy and securing supply chains do not come bigger than for the sprawling steel plant in Port Talbot in Wales, the Daily Telegraph reported.

The facility, one of the UK’s top carbon polluters, will need to find ways to make steel with less carbon dioxide output — eventually cutting it entirely in the race for net zero.

The challenge for loss-making parent Tata Steel is who will pay for improvements to achieve this. An inability to find the funds could put local jobs at risk.

Read the full report: Daily Telegraph

 

READ MORE:

Indian Steel Stocks Down Up To 10pc Amid China Property Crisis

India’s JSW Steel May Bid for Gupta’s British Business, Say Reports

 

WATCH MORE:

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

logo

AF China Bond