Although the Nordic countries are characterized by widely different sectoral setups and geographies, they do share many traits such as being welfare democracies with flexible labor markets and long traditions for environmentally friendly policies and highly adaptable energy sectors.
Hydrogen breakthrough in steelmaking
Reducing global emissions by 7 percent
A new, revolutionary process developed by the Swedish steel industry could be a viable and competitive way to use hydrogen to displace coal and other fossil fuels in steelmaking. It would lower the carbon footprint of 1 ton of steel from 1.8 tons of CO2 to 25 kilograms.