A company called Inventwood is starting to mass-produce a new wood that is light, tough, and locks away carbon.

Steel accounts for as much as 9 percent of global CO2 emissions and entails using coal to reach scorching temperatures of as high as ... about the carbon footprint of using wood, mass timber ...

The new material, created by InventWood, is made by blending regular timber with chemicals and compressing the molecular structure.

Now, it’s planning to rely more on fossil fuels. A major low-carbon steel project in the U.S. is increasingly in jeopardy because of the Trump administration’s opposition to clean energy.

The material has 50% more tensile strength than steel with a strength-to-weight ratio that’s ten-times better.

Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer, saying Friday that it is being buffeted by sluggish demand and pricing for some products, including high carbon ...

Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer, saying Friday that it is being buffeted by sluggish demand and pricing for some products, including high carbon ...