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Green Industrial Policy for India’s Iron and Steel Sector Transition
This policy brief by the Climate Policy Initiative (CPI) evaluates the financial and technical requirements for transitioning India's iron and steel (I&S) sector to low-carbon production. It proposes a Green Industrial Policy (GIP) combining targeted subsidies, carbon pricing, and green public procurement to shift the industry from carbon-intensive blast furnace-basic oxygen furnace (BF-BOF) pathways toward hydrogen-based direct reduced iron-electric arc furnace (DRI-EAF) systems by 2050.
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Document type: Policy brief
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