Today news
About the same in other media
Steel will be vital to the green revolution, but our industry needs help to change
Reading now: 541
When I say to people that steel is a vital part of the solution to the climate crisis, I get a lot of confused looks. The global steel market is currently worth an estimated $2.5tn (£1.8tn) and produces 9% of global emissions. Decarbonisation is coming to us all, that’s simply a reality. What is in question is how we as an industry choose to adapt. Do we want to see wholesale disruption and the subsequent loss of thousands of good, union jobs, or a just transition where jobs are retained, and workers are supported to retrain for the new green economy? As a steelworker, it’s my job on the line if we don’t get this right.
Past experience illustrates the value of a just transition. Take, for example, the way that unions reacted to plant
Read more on theguardian.comAbout this in other media
MPs call for inquiry into Liberty Steel tycoon Sanjeev Gupta theguardian.com /3 years ago
Layer-2 and multi-chain DeFi platforms see record inflows as Ethereum fees soar cointelegraph.com /3 years ago
Revolut wants to build its own crypto exchange finextra.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
