Google and Stegra in Agreement for Environmental Attribute Certificates
Google will buy certificates for up to 91,000 metric tons of Stegra steel in a deal meant to support low-carbon production.
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8 Articles
Search giant Google has agreed to purchase environmental certificates linked to steel manufacturer Stegra's production in Boden, Stegra writes in a press release.
PR Newswire
The Tech Daily PostGoogle and Stegra in agreement for environmental attribute certificates
/PRNewswire/ -- Google has entered into an agreement with Stegra for the purchase of environmental attribute certificates (EACs) connected to Stegra's steel...
Google backs Swedish green-steel project to tackle rising emissions
Google is backing the buildout of a novel green-steel mill in Sweden as the tech giant grapples with rising greenhouse gas emissions from its AI expansion. On Thursday, the company said it is partnering with Stegra to help bring the Swedish firm’s flagship facility online. Unlike traditional coal-fueled mills,…
Stegra is strengthening its cash flow through a new deal with tech giant Google. But the deal does not involve the delivery of physical steel. Instead, Google will purchase green steel certificates equivalent to up to 91,000 tons of green steel.
Search giant Google has agreed to purchase environmental certificates linked to steel manufacturer Stegra's production in Boden, Stegra writes in a press release. The certificates - which apply to steel volumes of up to 91,000 tons in the first year - contribute to increasing the global supply of steel with near-zero emissions, so-called green steel, according to the company. The parties also agree that new volumes can be added during the agreem…
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