The idiocy of our elites net zero policies in one statement. Shifting co2 off of the UK's balance sheet and putting it on another countries balance sheet does nothing to reduce global emissions. But it does cost jobs, revenue and tax revenue in the UK.
…because under the current Tata arc furnace plan, Port Talbot will only be able to RECYCLE steel. The UK will STILL need to import some virgin steel (eg made from iron, via a blast furnace or hydrogen DRI).
Where will that come from? Most likely blast furnaces overseas…
11
19
64
15
112
312
Replies
@DerrickBerthel1
And no doubt produced in China, India etc using coal-fired electricity
#Insanity
1
0
3
@DerrickBerthel1
It's symptomatic of Brown's PFI philosophy. Shift it off balance sheet at a huge cost!
0
0
1
@DerrickBerthel1
if usa/eurpoe even brazil are going for green steel ,if you carry on making blast furnace steel leaves you in a arms race with china to try and sell it to someone, good luck with that,like trying to sell someone in usa a black and white tv
0
0
1
@DerrickBerthel1
The Gov has already given Tata millions to keep it going but Tata take the money then say it remains unviable. Suggest the Gov does a Forgemasters ?
0
0
0
