What Steel Decarbonization Needs | It is both technically possible and economically feasible to eliminate almost all the carbon dioxide from iron and steel production by mid-century. But progress will not happen without a policy push by governments.
by silence7
1 comment
Here we go again.
The U.S. steel industry was practically decimated in the 1980s because they refused to invest and switch over to electric arc furnaces while the rest of world did.
The U.S. response was to regulate steel import under the guise of “dumping” by foreign manufactures. Except they weren’t. They had just switched to a more efficient way of making steel and the U.S. didn’t.
Remember, that was also the same decade Japanese cars began their rise to dominance in the U.S. markets. And again, the response was import regulation.
Anyone want to guess how it will go this time as well?