Tata is pushing the Dutch government to invest hundreds of millions of euros in a carbon capture site under the North Sea that could store carbon dioxide emissions from its proposed €500m ($561.5m) energy-efficient alternative to the blast furnace that is currently in use at its Amsterdam plant. The request by Tata's CEO for the Netherlands, Theo Henrar, came as companies and governments across the world grapple over who should pay the cost of meeting climate targets to comply with the 2015 Paris climate agreement. Henrar said Tata Steel would match the Dutch government's contribution.
Tata Steel is pushing the Dutch government to invest hundreds of millions of euros in a carbon capture site under the North Sea that could store carbon dioxide emissions from its proposed €500m ($561.5m) energy-efficient alternative to the blast furnace that is currently in use at its Amsterdam plant. The request by Tata Steel's CEO for the Netherlands, Theo Henrar, came as companies and governments across the world grapple over who should pay the cost of meeting climate targets to comply with the 2015 Paris climate agreement. Henrar said Tata would match the Dutch government's contribution.