The latest in #energytransition developments from Kathari.News today.
👷♂️ 𝐒𝐭𝐞𝐞𝐥𝐰𝐨𝐫𝐤𝐞𝐫𝐬 𝐬𝐞𝐯𝐞𝐫𝐚𝐧𝐜𝐞 𝐚𝐧𝐝 𝐬𝐤𝐢𝐥𝐥𝐬 𝐭𝐫𝐚𝐢𝐧𝐢𝐧𝐠: The U.K. Government has announced a £500 million investment to better help Tata Steel and its workers shift to greener production methods at its plant in Port Talbot, south Wales. While 2,800 jobs are still expected to be lost by replacing blast furnaces with an electric arc production system, the new deal will give workers enhanced redundancy and skills support. The government warned the funding could be reduced if Tata Steel, which is investing £750 million in the project, doesn't keep 5,000 jobs across the U.K. The change is expected to reduce Britain's industrial carbon emissions by 8%.
➡ Read more: https://lnkd.in/g34cKJ99
🐶 𝐆𝐞𝐫𝐦𝐚𝐧𝐲 𝐧𝐞𝐞𝐝𝐥𝐞𝐬 𝐓𝐫𝐮𝐦𝐩: Germany’s foreign ministry is pushing back against U.S. Republican presidential candidate Donald Trump's criticism of its energy policy during last night's debate with Vice-President Kamala Harris, the Democratic nominee. Trump had said Germany had been unable to give up fossil fuels. In a post on the social platform X, formerly known as Twitter, Germany's foreign ministry highlighted that over 50% of Germany's energy comes from renewables, with coal to be phased out by 2038. It added: "P.S. We also don't eat cats and dogs."
➡ Read more: https://lnkd.in/guxe-2xe
🚚 𝐄𝐱𝐩𝐞𝐧𝐬𝐢𝐯𝐞 𝐭𝐫𝐮𝐜𝐤𝐬: Sales prices for emissions-free trucks need to drop by as much as 50% to become a viable alternative to diesel, says a new study by McKinsey. Less than 2% of heavy-freight vehicles in the EU are powered by electricity or hydrogen right now. They will need to make up 40% of new sales by 2030 for the EU to reach its emissions-reduction targets. Production costs for electric trucks are currently two-and-a-half to three times higher than for diesel ones. The study highlights the need for battery advancements and a 25% cut in charging costs.
➡ Read more: https://lnkd.in/g6vkh_NU
#UKSteel #Debate2024 #ElectricTrucks