A pair of Swedish scientists designed a microchip that stores solar energy in liquid, and shipped it to China where three months later it was converted into electricity.
Greta Thunberg has long argued that rich countries need to take responsibility for and reduce emissions from imported goods.
Over the next five years, Hertz will buy up to 65,000 Polestar electric sedans with the first models rolling into Europe shortly followed by North America and Australia.
SSAB plans to begin producing its fossil-free steel at scale in 2026, while Volvo plans to have an entirely climate-neutral business by 2050, including its supply chain.
HYBRIT — a joint venture between SSAB, Vattenfall, and mining company LKAB — aims to revolutionize a steel industry that, by some estimates, produces nearly 10% of all harmful greenhouse gas emissions.
In a bid to meet its stated “carbon free” goals, Volvo is teaming up with Swedish steel manufacturer SSAB and its HYBRIT initiative, which is being called “the industry’s most ambitious and advanced project” in terms of fossil-free steel development.
“We’re electric, so we don’t have to worry about combustion engines producing toxic emissions – but that doesn’t mean our job is done,” says Polestar’s Head of Sustainability, Fredrika Klarén. “We will now work to eradicate all emissions stemming from production.”
The Swedish automaker will also be phasing out leather interiors as well to meet its sustainability goals.
H2 Green Steel (H2GS) will use hydrogen produced with renewable energy from Sweden’s Boden-Luleå region. By 2030, H2GS expects to be producing five million tons of high-quality zero-emissions steel annually.
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