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The Stell argument is actually valid and not fear mongering. The steel industry simply can't survive with current CO2 emission prices (there is a financial inst
by iberator 11mo ago
The Stell argument is actually valid and not fear mongering.
The steel industry simply can't survive with current CO2 emission prices (there is a financial instrument for it).
- vanviegen 11mo agoSteel would become more expensive and/or would be produced with less emissions. I'm sure that would disrupt some business models. But we'd still being using steel (but perhaps not as much). Of course importing cheap steel produced without the same regard for emissions would have to be forbidden.
- iberator 10mo agoI agree with your last statement. Otherwise it's not about changing the business model but just 100% guarteeed destruction of entire industry.