Prediction of CO₂ emissions to achieve net-zero objectives in the iron and steel sectors of North America

Predictive models are widely used to create effective plans for reducing CO2 emissions in manufacturing. The Iron and Steel (I&S) industries play a crucial role in meeting international commitments to achieve Net-zero emissions by 2050. The objective of this study is to forecast carbon dioxide emissions from the I&S industries in North America through the utilization of a Multi-Objective Mathematical model. The proposed data-driven approach is integrated with various machine learning algorithms capable of accurately predicting future values with a small dataset. Additionally, sensitivity analyses under different scenarios are conducted to evaluate the impact of implementing proposed solutions by the research community. Results show a significant improvement in accuracy through the employment of the Whale Optimization Algorithm (WOA). Forecasts reveal a sustained increment of 0.7 MtCO2 every year spanning between 2022 and 2050. This study provides valuable information for stakeholders and policymakers as it allows a more precise evaluation to integrate new technologies to abate forthcoming CO2 emissions.