Climate Targets Could Shutter UK Steel Industry

June 13, 2021/in /by Rudolf Huber

Could? They most certainly would plus a plethora of other industries that simply won’t be able to operate anymore under those conditions. Unilaterally making things super hard for your own companies while allowing those that don’t give a dump for any environmental standards to import freely is a death spell for your own industries. There is no nice and cuddly remedy to this. Either one goes down to the other countries’ low environmental and social standards or one erects trade barriers. I guess it will be a mix of both.

By Paul Homewood From the Financial Times: The potential costs of Net Zero are eye-watering and cannot be met by industry alone. Britain’s steel industry is never far from a crisis. In recen…

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