Norsk Hydro’s Post

The recently agreed ETS (Emission Trading System) reform is a crucial step towards a sustainable future, providing a supportive framework for the growth and protection of the European #aluminium value chain. 🚀   🔄 The upcoming release of the revised ETS Free Allocation Rules sparks a reflection on the need for separate ETS Product Benchmarks for Alumina refining and aluminium recycling. Currently grouped under the non-sector specific ETS heat and fuel consumption benchmark, these processes deserve dedicated benchmarks.   🔍 Why is this important? These changes are essential for achieving the EU's goal of increasing the resilience of critical and strategic raw material supply chains while promoting a shift towards a more circular and low-carbon industry. 🌐   📖 Read our detailed response to the EU Public Consultation on the draft rules and explore the technical memo in the annex ➡ https://lnkd.in/euuMmZSW   #aluminium #rawmaterials #sustainability #ETS

As a material producer, the power to change lies with us. That’s why we’re changing the aluminium game through how we produce and do business, paving the way for the green transition not only in our industry, but every other industry relying on aluminium.

#Decarbonisation of the #aluminium industry by 2050 🛑 That is the goal. But how can we get there? The report 'Pathways to Decarbonization: A North American Aluminum Roadmap' highlights potential #strategies to dramatically reduce carbon #emissions in the North American (USA and Canada) aluminium industry by mid-century. 📜 The report was commissioned by The Aluminum Association and conducted by environmental consulting firm ICF. Find out more here: https://lnkd.in/efbmWExi

Today we've seen the UK government's response to the '#carbon leakage' consultation. Amongst other things, some more clarity on a UK carbon border adjustment mechanism: "...the government will implement a carbon border adjustment mechanism (CBAM) by 2027 applying a carbon price to imported goods from the following sectors: aluminium, cement, ceramics, fertiliser, glass, hydrogen, iron, and steel." Of course, the devil is in the detail (some of which is to be developed in the future). Worth a look - especially if you're engaged in one of the sectors to which CBAM will apply. #netzerocarbon #energytransition

Today, we extend a warm welcome to the Belgian Presidency of the Council of the European Union. As we look ahead, we hope to count on their crucial support in advancing an effective EU industrial policy. This is indispensable for safeguarding key industries, such as ours, during the twin transition, ensuring a sustainable source of low-carbon, responsibly produced, and circular aluminium for the European Green Deal.   The path to net-zero emissions is demanding, and our industry has its work cut out. Yet, we firmly believe that with the right policy framework in place, we can achieve this ambitious goal and contribute to a greener future. In line with our commitment to decarbonisation, we're excited to announce the release of the executive summary of our report, "Net-Zero by 2050: Science-based Decarbonisation Pathways for the European Aluminium Industry.” 🚀   The study focuses on harmonising aluminium benefits with production insights, creating sector-specific decarbonisation pathways, and advocating for policy measures in line with the 1.5°C goal within the European #aluminium industry.   🔗 Dive into the summary ➡ https://lnkd.in/dnWFJWR8   📃 Read our letter ➡ https://lnkd.in/diajZNZj 🔗 Check out the details in the complete report ➡ https://lnkd.in/eEHXfWBh #aluminium #netzero #decarbonisation #EU

By 2050, aluminum producers in North America will need to cut carbon emissions by 92 percent compared to 2021 levels to meet net zero goals. A recent report from The Aluminum Association shows the solutions that could help the industry get there Learn more about the #ChartOfTheWeek: https://bit.ly/4bnab9I #aluminum #decarbonization #emissionsreduction

#Aluminum industry - Progress after getting your baseline right. For the aluminum industry to make significant progress, establishing a unified baseline assessment, enhancing data management capabilities and progress reporting at the association level might be crucial. Buyer side might greatly benefit! A similar map of emission data by facility or organization, ref to The Aluminum Association’s North American roadmap released in May '24, could be a great starting point. With transparency and accurate tracking, companies can better manage emissions and later explore advanced technologies for reduction. With a significant focus on #Lowcarbon marketing efforts from suppliers, it is a great challenge for the buyer to make an informed decision. What are your thoughts? #Aluminum #carbonemission #netzero #sustainability #ghg #decarbonization #supplychain #carbonaccounting #GHGprotocol #emission

Not all recovered carbon blacks are equal; Hi-Green carbon distinguishes itself as a meticulously engineered material, transcending the realm of generic commodities. Its unique properties and advanced composition set it apart as a superior and specialized product.   #HiGreenCarbon #EngineeredExcellence #SpecializedMaterial #CarbonInnovation #BeyondCommodity #AdvancedComposition #rCB

Green steel 🍃 is now the right time to invest?    It depends.    In Europe, the carbon border adjustment mechanism is creating a premium for green steel and winners and losers are likely. In other markets, like the U.S. where carbon prices play a lesser role, the dynamics of “green steel” play out differently. Check out “U.S. Steel Producers: The Green and the Mean” at Future Positive Investor on Substack to find out why (link in comments)!

⭐ Although it ended in 2022, the activities of our #WEBLEARN project (2020-2022, funded by KK-stiftelsen) are still ongoing! ✨ Register for this free webinar coming on May 7 at 10:00-11:30 (CET) - link below and in the comments. Join the panel discussion, and let's brainstorm on carbon footprint challenges for the aluminium industry! #Aluminium #sustainability #webinar #greenhousegasemission