Joint Letter on Low-Carbon Steel Credits in the Review of EU CO₂ Emission Standards for Cars
Support CleanTechnica's work through a Substack subscription , on Patreon , or on Stripe . Help us produce all of the high-quality, original content we publish week after week despite the challenges of content-scraping AI, antisocial media, inflation, and other hurdles. Creating predictable demand for genuinely low-carbon steel is urgent. If properly designed, low-carbon steel credits can create a lead market for green steel and secure a future for a green steel industry in Europe.
Many green steel projects have been announced across Europe in recent years. However, some are facing setbacks due to a lack of offtake for low-carbon steel products. Without strong and timely lead market policies, Europe risks losing industrial capacity, jobs and technological leadership.
Creating predictable demand for genuinely low-carbon steel is therefore urgent. If properly designed and unencumbered by additional flexibility or extensions of scope of the car CO₂ emission standards Regulation, low-carbon steel credits can create a lead market for green steel and secure a future for a green steel industry in Europe.
Protect the car CO 2 regulation from additional flexibilities and weakening. If the final text were to include some of the most regressive proposals on the table, this would turn a powerful lead-market instrument into an empty shell.
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