A climate club to decarbonize the global steel industry
Hermwille, L., Lechtenböhmer, S., Åhman, M. et al. (2022) A climate club to decarbonize the global steel industry. Nature Climate Change https://doi.org/10.1038/s41558-022-01383-9.
Decarbonizing global steel production requires a fundamental transformation. A sectoral climate club, which goes beyond tariffs and involves deep transnational cooperation, can facilitate this transformation by addressing technical, economic and political uncertainties.