Tecpetrol's Managing Director of Business Development, Gas and Energy and Marketing shares an informed view of the key role that gas is beginning to play in the complex energy transition process at the global level and discusses the assets that Tecpetrol can contribute.Read Article
Stefano Maggiolino, CEO of Tenova HYL, and Fernando Caracoche, Director of Engineering Department in Ternium, shared their conference experience and highlighted the new scenario that opens for Group companies.Read Article
Jorge Dimópulos, Strategic Planning Director in the Energy Transition Unit for Tecpetrol, offers insights on the outcome of the highly anticipated gathering of global leaders in Glasgow, Scotland, to address the world’s climate concerns, and hones in on developments important to the Techint Group’s decarbonization agenda.Read Article
COP26 ended without settling a clear path to meet the goals of the Paris Agreement. The final document signed by nearly 200 countries show commitments to phase-down the use of unabated coal power. It also implements a new framework that allows countries to partially meet their climate targets by buying offsets credits from emission cut by others. There was also progress in efforts to cut methane emissions, to end and reverse deforestation, a carbon-based arrangement on the steel industry between the US and the EU, among others.
Still, more needs to be done, as the world is not yet on the path to keep temperature rise “well below” 2°C, preferably to a safer limit of less than 1.5°C. Climate analysts estimate the world is on track for about 2.4°C of warming versus pre-industrial times, based on current targets and policies.
Greenhouse gas. It is a gas that absorbs and emits radiant energy, causing the greenhouse effect (warming that results when the atmosphere traps heat radiation from Earth toward space).
Metric measure that is used to compare emissions from various GHG on the basis of their global warming potential by converting amounts of other gases to the equivalent amount of CO₂.
Steel production from direct reduction of iron (DRI) followed by processing in an electric arc furnace (EAF).
Carbon Capture, Utilization and Storage.