Japanese steelmakers are to develop a pilot furnace designed to reduce carbon emissions next year , as the industry expects to reduce its emissions by 100 % by 2050 . The pilot furnace will be situated at the Kimitsu steelworks in Chiba , part of a Nippon Steel complex . The test is part of an industry - wide initiative to develop carbon capture technology , and is backed by $ 203 m of public funds .
Japanese steelmakers are to test a pilot furnace designed to reduce carbon emissions next year, as the industry aims to reduce its emissions by 30% by 2050. The pilot furnace will be situated at the Kimitsu steelworks in Chiba, part of a Nippon Steel site. The test is part of an industry-wide effort to develop carbon capture technology, and is backed by $203m of public funds.