UGH!!!
ArcelorMittal Dofasco quietly extends 'green' steel timeline from 2028 to 2050, gets $50M more from Ottawa
Dofasco says while its timeline has been 'drawn out,' it has the same decarbonization ambitions
https://www.cbc.ca/news/canada/hamil...sion-9.7042156
ArcelorMittal Dofasco has quietly extended its timeline by 22 years to phase out coal for "decarbonized" steelmaking, says a federal government document, aiming for 2050 instead of 2028.
Ontario’s largest emitter of greenhouse gases is also receiving $50 million more from the federal government for the project, according to an amendment posted to the Government of Canada's website last March.
It was posted after the U.S. first imposed tariffs on Canadian steel and shortly before the federal election.
The change brings Ottawa’s total contribution to $450 million.
“The government has given the company a kind of loophole to continue its regular emissions for a much longer time,” said Evan Ubene with Environment Hamilton.
ArcelorMittal Dofasco said in a statement it has extended the timeline but its "ambitions and intentions" have not changed. The additional $50 million is needed for a "technical configuration change in the [direct reduced iron] module plans."