POLITICO Energy

Why a major steelmaker could ditch Biden’s climate agenda - and dollars

Sep 17, 2024
Zack Colman, a journalist at POLITICO specializing in climate change, discusses a pivotal moment for a major U.S. steelmaker considering forgoing a $500 million grant from the Biden administration. He unpacks the reasons behind this potential rejection, including high production costs and market dynamics. The conversation also highlights the broader implications for Biden's climate agenda and the challenges in decarbonizing the steel industry. As negotiations unfold, the future of climate initiatives hangs in the balance amid political uncertainty.
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