3min chapter

Cleaning Up: Leadership in an Age of Climate Change cover image

Subsidies Everywhere All at Once - Ep126: Marco Alverà

Cleaning Up: Leadership in an Age of Climate Change

CHAPTER

The German Steel Crisis and the IRA Subsidies

The super low value added very base conversions of gas to something are going to be gone forever whether that's making ammonia like why should anyone make ammonia in in Europe. The cost of moving the CH4 molecule which the steel makers love in America if they want to make green seal is only about 10% of the product. It's going to be made in the U.S. where there's cheap gas or where there's a lot of sun like Australia. And then you it's fabulous because then you send the CO2 over to the U of S to collect more subsidies before it comes back. But forget about the subsidies that's just a hiccup, I mean we're building a

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