[HN Gopher] The Race to Remake the $2.5T Steel Industry with Gre...
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The Race to Remake the $2.5T Steel Industry with Green Steel
Author : elorant
Score : 4 points
Date : 2022-08-07 17:46 UTC (5 hours ago)
(HTM) web link (singularityhub.com)
(TXT) w3m dump (singularityhub.com)
| jacobgorm wrote:
| Perhaps we could save CO2 emissions if we stopped making cars out
| of steel, as demonstrated possible by BMW with the i3 and i8.
| That would also make them last longer (which could be the reason
| BMW stopped doing it.)
| londons_explore wrote:
| The biggest roadblock is that today there is no incentive to go
| green.
|
| Consumers might like to buy their metal drinking straws knowing
| they were made with green steel.
|
| But the vast majority of steel is used for unseen things... Like
| building the piling machine that built the flood defences for
| your city. There is no consumer pressure to go green there. Just
| commercial pressure to be cheap.
|
| Companies are investigating so they are ready incase such an
| incentive appears. But I see nothing on the horizon.
|
| Note that this is pretty much out of the hands of government too
| - if any government mandated that all steel produced in the
| country was green, then all steel would just be imported and
| local industry would die. If the government put an import tariff
| on non-green steel, then makers of steel products like cars would
| become uncompetitive and close down. If the government gave those
| steel users a subsidy, it would be against WTO anti-dumping
| rules.
|
| There is no good solution.
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(page generated 2022-08-07 23:02 UTC)