Based on clear evidence from climate scientists, policies are being negotiated worldwide aiming to cut global carbon emissions by at least 50% by 2050. Production of goods in steel and aluminium accounts for ~10% of global energy and process related emissions, and by 2050 demand for these goods is anticipated to double, at least. Incumbent industries are fully aware of this, and developing strategies to reduce emissions, but are constrained to pursue options that allow continued growth in output. Other strategies, such as using less primary material through material efficiency, could also have a major impact, but cannot be pursued by existing players as currently configured.
Accordingly, WellMet2050 aims to identify all possible strategies for achieving the target of a 50% emissions reduction while demand doubles. Many of these will not emerge by incremental change to existing practice, so in developing scenarios for a low carbon industry in 2050, WellMet2050 also aims to identify the barriers that prevent their adoption, and to identify policies, pathways and transitions that would allow them to evolve. Each scenario will be richly evaluated by a stream of case studies developed in partnership with the industrial consortium. These will be reported via the WellMet2050 knowledge map on these pages.