Climate Change Friendly Green Steel: “Society Would Have to Accept Higher Costs”

By Eric Worrall – Re-Blogged From WUWT 

Steel makers are eager to keep us informed of their efforts to find less carbon intensive ways to produce steel, though they worry production costs will have to rise.

Cleaning up steel is key to tackling climate change

Technology to make grey metal green will not be rolled out commercially until 2030s

Globally, steel is responsible for 7 per cent to 9 per cent of all direct emissions from fossil fuels, with each tonne produced resulting in an average 1.83 tonnes of CO2, according to the World Steel Association.

And as the world’s population grows, demand is only predicted to increase.

Blast furnaces of Třinec Iron and Steel Works, Czech Republic

Blast furnaces of Třinec Iron and Steel Works, Czech Republic. By Třinecké železárny, Attribution, Link

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Trump Tariffs on EU, Mexico, Canada Draw Retaliation Threats

By Associated Press – Re-Blogged From Newsmax

The Trump administration’s announcement Thursday that it will impose tariffs on steel and aluminum imports from Europe, Mexico and Canada drew swift vows of retaliation from key allies, inflamed trade tensions and sent stock markets sinking.

The administration’s move threatens to inflate prices for U.S. consumers and companies and heighten uncertainty for businesses and investors across the globe.

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Germany Desperate to Avoid Trade War With Trump

By Thomson Reuters – Re-Blogged From Newsmax

As Europe’s biggest exporter to the United States and with more than 1 million German jobs at stake, Germany is desperate to avoid a European Union trade war with the United States.

In the run-up to a June 1 deadline for U.S. President Donald Trump to impose steel and aluminum tariffs on the EU, Berlin is urging its European partners to show some flexibility and pursue a broad trade deal that benefits both sides.

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Trump Hits China With the Tariffs We’ve All Been Waiting For

Re-Blogged From Stratfor

Highlights

  • The United States has launched its first major trade and investment measures against China, but they won’t be the last as the White House looks to make good on its protectionist promises.
  • China will be compelled to respond in kind and may prompt the United States to retaliate in the process.
  • As the United States moves forward with its aggressive trade agenda, the need to minimize the domestic fallout of its policies will restrain the White House.

The president promised that the first measures he rolled out on Beijing will not be the last.

(MANDEL NGAN/AFP/Getty Images)

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As Trump Weighs Tariff, US Steelmakers Enjoy Rising Profits

Re-Blogged From Newsmax

The Trump administration has chosen an odd time to offer special protection to the U.S. steel industry.

As President Donald Trump prepares to impose a 25 percent tax on imported steel, America’s steelmakers are actually faring pretty well: The U.S. steel industry last year earned more than $2.8 billion, up from $714 million in 2016 and a loss in 2015, according to the Commerce Department. And the industry added more than 8,000 jobs between January 2017 and January 2018.

Even before Trump mentioned the tariff last Thursday, the price of the benchmark U.S.-made hot-rolled steel had reached the highest level since May 2011, according to S&P Global Platts. The price surged even higher on the tariff news.

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Monumental, Unsustainable Environmental Impacts

Replacing fossil fuels with renewable energy would inflict major land, wildlife, & resource damage.

By Paul Driessen- Re-Blogged From http://www.WattsUpWithThat.com

Demands that the world replace fossil fuels with wind, solar and biofuel energy – to prevent supposed catastrophes caused by manmade global warming and climate change – ignore three fundamental flaws.

1) In the Real World outside the realm of computer models, the unprecedented warming and disasters are simply not happening: not with temperatures, rising seas, extreme weather or other alleged problems.

2) The process of convicting oil, gas, coal and carbon dioxide emissions of climate cataclysms has been unscientific and disingenuous. It ignores fluctuations in solar energy, cosmic rays, oceanic currents and multiple other powerful natural forces that have controlled Earth’s climate since the dawn of time, dwarfing any role played by CO2. It ignores the enormous benefits of carbon-based energy that created and still powers the modern world, and continues to lift billions out of poverty, disease and early death.

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