A climate club to decarbonize the global steel industry
Publication date
2022-06
Authors
Hermwille, Lukas
Lechtenböhmer, Stefan
Åhman, Max
van Asselt, Harro
Bataille, Chris
Kronshage, Stefan
Tönjes, Annika
Fischedick, Manfred
Oberthür, Sebastian
Garg, Amit
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Abstract
Decarbonizing global steel production requires a fundamental transformation. A sectoral climate club, which goes beyond tariffs and involves deep transnational cooperation, can facilitate this transformation by addressing technical, economic and political uncertainties.
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Hermwille, L, Lechtenböhmer, S, Åhman, M, van Asselt, H, Bataille, C, Kronshage, S, Tönjes, A, Fischedick, M, Oberthür, S, Garg, A, Hall, C, Jochem, P, Schneider, C, Cui, R, Obergassel, W, Fragkos, P, Sudharmma Vishwanathan, S & Trollip, H 2022, 'A climate club to decarbonize the global steel industry', Nature Climate Change, vol. 12, no. 11, pp. 494-496. https://doi.org/10.1038/s41558-022-01383-9