Energy Intensive Industries: Decision making for a low-carbon future - The case of steel
Summary
The report argues that current carbon pricing and RDD&D arrangements are insufficient to drive the breakthrough technologies needed to reduce greenhouse gas emissions in the steel industry. It suggests that a collaborative international approach and a life-cycle perspective are necessary to reconcile environmental performance with global economic competitiveness.
Key insights
- Current carbon pricing policies, including the European Union Emission Trading System, have not provided firm evidence of altering global emission trends for steel, as the cost of emissions allowances is lower than the average production cost differences between major steelmaking regions.
- There is currently no breakthrough technology available for immediate, widespread deployment to significantly reduce greenhouse gas emissions in steelmaking, and existing research, development, demonstration and deployment (RDD&D) arrangements may be insufficient under current carbon costs to develop necessary technologies quickly.
- Achieving deep long-term emission cuts in the steel sector requires a more collaborative approach among key producing countries, potentially through a "coalition of the willing," and a life-cycle approach encompassing upstream mining to balance environmental goals with competitiveness and leakage concerns.
Cite the original document
- APA
- Wooders,, P. (2012). Energy Intensive Industries: Decision making for a low-carbon future - The case of steel. International Institute for Sustainable Development. https://www.iisd.org/publications/report/energy-intensive-industries-decision-making-low-carbon-future-case-steel
- Chicago
- Wooders,, Peter. Energy Intensive Industries: Decision making for a low-carbon future - The case of steel. International Institute for Sustainable Development, 2012. https://www.iisd.org/publications/report/energy-intensive-industries-decision-making-low-carbon-future-case-steel.
- Wikipedia
- {{cite report |last1=Wooders, |first1=Peter |title=Energy Intensive Industries: Decision making for a low-carbon future - The case of steel |publisher=International Institute for Sustainable Development |date=19 December 2012 |url=https://www.iisd.org/publications/report/energy-intensive-industries-decision-making-low-carbon-future-case-steel |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{wooders2012energy, author = {Wooders,, Peter}, title = {{Energy Intensive Industries: Decision making for a low-carbon future - The case of steel}}, institution = {International Institute for Sustainable Development}, year = {2012}, month = dec, url = {https://www.iisd.org/publications/report/energy-intensive-industries-decision-making-low-carbon-future-case-steel}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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