GFG's Gupta calls for new UK carbon scheme for steel investment

摘要

London—Steel, aluminum and mining group GFG Alliance’s Executive Chairman Sanjeev Gupta urged the UK to fast track decarbonization in the steel industry, by using Brexit to set a new carbon trading scheme to drive investment. “Brexit presents the opportunity for a reformed UK carbon trading scheme that rewards low carbon steel producers and incentivizes investment in low carbon technology such as electric arc furnaces,” he wrote in the City AM newspaper on Jan. 13.