Tag

Steel

Opinion

CBAM and ETS reform jeopardize the transformation of the steel industry

On Tuesday, the European Parliament will vote on the reform of the Emissions Trading Scheme (ETS) and the introduction of a Carbon Border Adjustment Mechanism (CBAM). However, the underlying proposals have the potential to jeopardize the transformation of steel companies for a carbon-neutral future.

By Redaktion Table

Feature

Hans Jürgen Kerkhoff: 'In terms of CO2 reduction, the steel sector is a low-hanging fruit'

High energy prices and a possible gas supply freeze are causing problems for the steel industry. This also has an impact on the green transformation, says Hans Jürgen Kerkhoff. In an interview with Manuel Berkel and Timo Landenberger, the President of the German Steel Federation talks about converting production to hydrogen, calls for more dynamism from policymakers and an adjustment of plans for emissions trading and border adjustment.

By Timo Landenberger