Iron Ore Giant Fortescue Bets On Green Hydrogen In Zero Carbon Push

Fortescue Metals Group, an iron ore heavyweight supporting carbon-intensive steelmaking, has dived into the green hydrogen business in a mad dash to achieve carbon neutrality by 2030. The world’s No. 4 iron ore producer plans to start making “zero-emission” hydrogen using renewable energy as early as 2023 for export to Japan and other energy-hungry economies….

Natural Gas Is Fighting For Survival

Natural gas has been hailed as the bridge fuel between the fossil fuel economy of the past and present, and the renewables economy of the future. With renewable energy costs falling steadily and considerably, some are beginning to worry that gas is facing increasingly fierce competition amid fast-growing supply. A recent couple of reports from…

The Coming End of Big Oil

It’s 2025, and 800,000 tons of used high strength steel is coming up for auction. The steel made up the Keystone XL pipeline, finally completed in 2019, two years after the project launched with great fanfare after approval by the Trump administration. The pipeline was built at a cost of about $7 billion, bringing oil…