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Chart: Global clean industry investment fell sharply in 2024

The category includes new furnaces that can use hydrogen instead of coal to produce iron for steelmaking. Green hydrogen made from renewables remained costly and in scarce supply, leading producers like Europe’s ArcelorMittal to delay making planned investments in hydrogen-based projects. Electric arc furnaces — which turn scrap metal and fresh iron into high-strength steel … Continue reading “Chart: Global clean industry investment fell sharply in 2024”