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13 Jul
20:58

Decarbonisation needs net-zero market, production support: UK Steel

To support steelmaking decarbonisation and prevent offshoring, the UK government must create a net-zero steel market, using measures such as a Carbon Border Adjustment Mechanism (CBAM), as well as provide direct support for net-zero production. So says UK Steel. The net-zero steel market approach is similar to the automotive market, where the government has intervened to ban the sale of new internal combustion vehicles from 2030. Policy recommendations include CBA…
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