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ThyssenKrupp steel business is a double disaster.
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Besides losing nearly a billion euros last year, it accounts for nearly 3% of Germany's C 02 emissions.
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Tackling that will test Berlin's green resolve first to some, crab would need to refit it's blast furnaces.
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These used coal to turn iron or into iron.
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And unfortunately, co two replacements would be electric arc furnaces that use hydrogen to do the chemical heavy lifting.
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The only by product is water, but that switch could cost more than €7 billion.
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And then there's the problem of power to be truly green.
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The hydrogen has to come from water split via electrolysis and with the electricity coming from renewable sources.
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And it's a lot of electricity based on McKinsey.
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Estimates in one year to some crew were consumed more than the quarter off Britain's entire wind energy output.
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But that doesn't mean it's impossible.
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Germany has to do something about co two emissions.
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Berlin is already throwing €9 billion.
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Hydrogen research, as technology improves on carbon taxes, make traditional steel more expensive.