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How fast can European steelmakers decarbonise?

economist.com

21–30 of 85 posts

Re: How fast can European steelmakers decarbonise?

#21

Only in the absurd world of carbon credits is this required - something that is nearly impossible to do any other way - that contributes practically nothing to global CO2 vs the incredible benefit to society it proffers - has to stop. Why?

decarbonizing the industrial supply chains is pretty crucial because a lot of the other green infrastructure that's going to be needed to be built around the world is going to be less effective otherwise. If your green tech needs to run for years to simply claw back what was required to make it that is a huge issue.

Re: How fast can European steelmakers decarbonise?

#23
post #10

Earlier quoted context omitted.

> (All in favour of it, just everyone has to play along) It's worth doing even if others don't. Especially for the wealthy countries -- the poor countries emit relatively little carbon per capita. The new energy transition is from op ex to cap ex. Looks expensive in the short term but a big win in the medium and long term. Plus you get the benefit of reduced emissions. Sure, other people do, but even if you're selfis…

The climate doesn’t care about per capita. The developing world has the majority of the population, so the majority of additional CO2 will be coming from there.

Fun way to look at it, you at the north give us a lot of planned obsolence goods in exchange for our monies. North even gets into politics pushing developing countries infrastructure towards oil economies. and then, we consume what you led us to, and suddenly we're the bad guys.

Re: How fast can European steelmakers decarbonise?

#24

Only in the absurd world of carbon credits is this required - something that is nearly impossible to do any other way - that contributes practically nothing to global CO2 vs the incredible benefit to society it proffers - has to stop. Why?

decarbonizing the industrial supply chains is pretty crucial because a lot of the other green infrastructure that's going to be needed to be built around the world is going to be less effective otherwise. If your green tech needs to run for years to simply claw back what was required to make it that is a huge issue.

> If your green tech needs to run for years to simply claw back what was required to make it that is a huge issue.

An engineering mind would never prefer high risk authoritarian enforcement of theoretical solutions to solve a problem. You are reducing diversity to shoot yourself in the foot

Re: How fast can European steelmakers decarbonise?

#25
post #15

Is everyone decarbonising? India, China? I get the feeling they're laughing all that way to the bank. (All in favour of it, just everyone has to play along)

I wonder if at some point the EU should block the usage of dirty steel and only authorize carbon neutral steel. This would provide a great incentive for other countries to also invest in clean alternative.

> The Carbon Border Adjustment Mechanism will apply to imports across several sectors, including steel and aluminum, forcing them to respect EU environmental standards. It will come into effect in 2026 or 2027.

https://www.lemonde.fr/en/environment/article/2022/12/13/eu-...

Re: How fast can European steelmakers decarbonise?

#26
post #10

Earlier quoted context omitted.

> (All in favour of it, just everyone has to play along) It's worth doing even if others don't. Especially for the wealthy countries -- the poor countries emit relatively little carbon per capita. The new energy transition is from op ex to cap ex. Looks expensive in the short term but a big win in the medium and long term. Plus you get the benefit of reduced emissions. Sure, other people do, but even if you're selfis…

It's not the 20th century anymore. China's per capita emissions are higher than you're letting on. Higher than some European countries.

Wow, China's per capita emissions were, in 2018, ahead of Israel, Ireland, New Zealand, Slovenia, Slovakia, Greece, Bulgaria, Cyprus, Spain, Denmark, Italy, the U.K., Hungary, Portugal, Turkey, France, Switzerland, Croatia, Sweden, Ukraine, Latvia, Romania...the list they're behind may be shorter [1].

[1] https://en.wikipedia.org/wiki/List_of_countries_by_carbon_di...

Re: How fast can European steelmakers decarbonise?

#28

Is everyone decarbonising? India, China? I get the feeling they're laughing all that way to the bank. (All in favour of it, just everyone has to play along)

China is rapidly decarbonising their transport, faster than any other country.

They also produce the vast majority of the world's solar panels.

Re: How fast can European steelmakers decarbonise?

#30

Is everyone decarbonising? India, China? I get the feeling they're laughing all that way to the bank. (All in favour of it, just everyone has to play along)

There are Wikipedia articles for 2015 Indian heat wave (2,500 dead), 2016 heat wave, 2019 heat wave, 2022 heat wave, and the current ongoing 2023 heat wave.

2021 Henan flood killed hundreds and forced evacuation of 800k people.

Imagine what you want, but nobody's laughing any more.

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