Competition and Climate Policy in the Steel Transition

The research examines how green industrial policies and subsidies affect the cost of low-carbon steel production in the US and EU, concluding that subsidies have a more significant impact on cost reduction than renewable energy costs, which creates a tension between maintaining a level playing field and accelerating climate action.

• Subsidies have a greater effect on reducing the costs of low-carbon steelmaking than the costs of renewable energy, which may create competitive advantages for regions with more aggressive industrial policies.
• There is an inherent conflict between the goal of maintaining an equal policy playing field and the goal of achieving rapid progress on climate change.

APA

Stockholm Environment Institute (2025). Competition and Climate Policy in the Steel Transition. https://www.sei.org/publications/competition-and-climate-policy-in-the-steel-transition/

Chicago

Stockholm Environment Institute. Competition and Climate Policy in the Steel Transition. 2025. https://www.sei.org/publications/competition-and-climate-policy-in-the-steel-transition/.

Wikipedia

{{cite report |author=Stockholm Environment Institute |title=Competition and Climate Policy in the Steel Transition |date=11 February 2025 |url=https://www.sei.org/publications/competition-and-climate-policy-in-the-steel-transition/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{stockholmenvironmentinstitute2025competition, author = {{Stockholm Environment Institute}}, title = {{Competition and Climate Policy in the Steel Transition}}, institution = {Stockholm Environment Institute}, year = {2025}, month = feb, url = {https://www.sei.org/publications/competition-and-climate-policy-in-the-steel-transition/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }