Full Title: Toward a Tradable, Low-Carbon Product Standard for Steel: Policy Design Considerations for the United States
Author(s): John Feldmann, Kevin Kennedy
Publisher(s): World Resources Institute
Publication Date: March 26, 2021
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Steel production in the United States accounts for around 100 million tons of carbon dioxide equivalent emissions. Available and emerging technologies have the ability to significantly decarbonize the steel industry. A low-carbon product standard for steel in the United States can incentivize the adoption of these technologies and result in emissions reductions while preserving the international competitiveness of domestic steel manufacturers.