Energy Intensive Industries: Decision making for a low-carbon future - The case of steel

The report argues that current carbon pricing, such as the EU ETS, is insufficient to alter global emission trends in the steel sector because costs are lower than production cost differences between regions. It highlights a lack of immediately deployable breakthrough technologies and suggests that a 'coalition of the willing' among steel-producing countries is necessary to scale up RDD&D and address competitiveness and leakage concerns.

• Current carbon pricing policies, including the European Union Emission Trading System, have not provided sufficient evidence of altering emission trends because the cost of allowances is lower than the average production cost differences between major steelmaking regions.
• There are currently no breakthrough technologies for significant greenhouse gas reduction that can be deployed immediately on a wide scale, and existing research, development, demonstration and deployment (RDD&D) frameworks may be too slow under current carbon costs.
• Achieving deep long-term emission cuts requires a collaborative approach between key steel-producing countries, potentially through a "coalition of the willing," to balance environmental performance with competitiveness and carbon leakage concerns.

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} }