A report released last week supports what we’ve been saying all along: The American steel industry’s recent push towards carbon efficiency is good for the environment and our economy. The report, commissioned by the Climate Leadership Council (CLC), focuses on how CLC’s carbon dividends plan could impact the U.S. steel industry. “American industries are some of the world’s most carbon-efficient,” said CLC. “This plan will reinvigorate U.S. manufacturing.” As it stands right now, “the US steel industry has a major carbon advantage.” CLC’s report found that “the U.S. steel industry is 75% – 320% more carbon efficient than global producers,” including India, China, Mexico, and Brazil, “depending on the product segment.” This puts U.S. steel manufacturers at a competitive advantage.
