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Green Steel's Geography Problem Meets a Book-and-Claim Fix
Original: Green Steel’s Geography Problem Meets a Book-and-Claim Fixes
Green steel production faces a geography problem: low-emission steel is made where renewable energy is cheap, while buyers are often elsewhere. A book-and-claim system, similar to mechanisms used for green hydrogen and renewable power certificates, would let companies purchase the environmental attributes of clean steel produced in one region to support decarbonisation goals even if their physical supply comes from another.
Why now: Ongoing debate over how companies can credibly claim green steel when clean production and consumption happen in different places.
green steelbook-and-claim system
Evidence
- Green Steel’s Geography Problem Meets a Book-and-Claim Fixes · Environment+Energy Leader
- Green Steel’s Geography Problem Meets a Book-and-Claim Fixes · Environment+Energy Leader
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