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flag India's growing coal-dependent steel industry jeopardizes its net-zero emissions goal by 2070, report says.

flag India's expanding coal-dependent steel industry threatens its goal of achieving net-zero emissions by 2070, according to a Global Energy Monitor report. flag The country has the world's highest steelmaking capacity under development, with 86% relying on carbon-intensive furnaces. flag While the government has plans for decarbonization, including using hydrogen and carbon capture technologies, the focus on coal risks significant stranded asset costs of $124 to $187 billion. flag The steel sector currently accounts for 12% of India's emissions.

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