4min chapter

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Decarbonizing Steel and Cement

Columbia Energy Exchange

CHAPTER

The Role of Government in Carbon Pricing

There's not a lot of producers right now. We need we need demanders to signal they will buy it, right? The role of government is to put in place policy to try to change the incentives for how we power everything from steel and cement to our cars and electricity grids. I would love to have seen a production tax credit for green clinker, for green iron. Perhaps an IRA too. That'll come through. Carving pricing is going to play a role eventually, but the problem is we just can't increase it fast.

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