This discussion is now closed.
Scroll to see replies
1.
Increase green taxes, VAT (and other possible taxes), or price of labour in China, to increase compliance costs, to increase the cost of production. Raise awareness of China’s damage to the environment, or China’s cheap and unfair wages, so people buy elsewhere, and companies can price discriminate. Increase domestic demand for steel in China / increase demand of steel worldwide. Persuade local governments in China to inhibit their steel industry.
2.
Reform the lesser duty rule in the EU (only then can you increase the duties on Chinese [dumped] steel in the EU.)(Or leave the EU so that the lesser duty rule is no longer applicable.)
3.
Reform ownership structure of Tata Steel in Europe, so that long-term strategic decisions can be made regarding the reduction of carbon emissions.
4.
There should have been a gradual increase in the carbon floor price; instead there was a sudden increase in the carbon floor price from £9.54 to £18.08 per tonne of CO2 in April 2016. Energy providers could have competitively lowered energy prices (irrelevant in the context of carbon produced by Tata, because Tata had enough free allowances to not have the need to buy auctioned allowances.)(We achieved the conditions to implement the next stage 6 years earlier than planned, hence the increase.)
5.
Reform the EU ETS so that free emissions allowances are given to the power sector. (The power sector isn’t entitled to any free allowances, and considering the sudden increase in the carbon floor price, that was a disastrous move.)
6.
Reform future phases of the EU ETS so that there were no longer concerns by the UK government (said on the UK government website on EU ETS) that the government would no longer be able to sufficiently compensate companies significantly prone to carbon leakage for the transferred increase in energy prices because of the EU ETS. Uncertainty was created.
7.
(Leave the EU so the EU ETS is no longer applicable.)
8.
A simple regulatory framework would be good (there’s both the EU ETS and Climate Change Levy UK law to which to comply.)(can leave the EU then adjust Climate Change Levy accordingly.)
9.
EU should increase funds to decarbonising technologies; funds are not enough for the steel industry.
10.
Leave EU, then use net contribution to fund the decarbonising technologies.
11.
There’s a solution called dynamic allocation I haven’t read much into. http://www.ecofys.com/files/files/ecofys-2014-dynamic-allocation-for-the-eu-ets.pdf
12.
David Hone at Shell said it was supposed to be a 40-year policy and so it should be left to do its job, and that a cap and trade approach becomes largely redundant because the economy sought sharp reductions.
1.
Increase green taxes, VAT (and other possible taxes), or price of labour in China, to increase compliance costs, to increase the cost of production. Raise awareness of China’s damage to the environment, or China’s cheap and unfair wages, so people buy elsewhere, and companies can price discriminate. Increase domestic demand for steel in China / increase demand of steel worldwide. Persuade local governments in China to inhibit their steel industry.
2.
Reform the lesser duty rule in the EU (only then can you increase the duties on Chinese [dumped] steel in the EU.)(Or leave the EU so that the lesser duty rule is no longer applicable.)
3.
Reform ownership structure of Tata Steel in Europe, so that long-term strategic decisions can be made regarding the reduction of carbon emissions.
4.
There should have been a gradual increase in the carbon floor price; instead there was a sudden increase in the carbon floor price from £9.54 to £18.08 per tonne of CO2 in April 2016. Energy providers could have competitively lowered energy prices (irrelevant in the context of carbon produced by Tata, because Tata had enough free allowances to not have the need to buy auctioned allowances.)(We achieved the conditions to implement the next stage 6 years earlier than planned, hence the increase.)
5.
Reform the EU ETS so that free emissions allowances are given to the power sector. (The power sector isn’t entitled to any free allowances, and considering the sudden increase in the carbon floor price, that was a disastrous move.)
6.
Reform future phases of the EU ETS so that there were no longer concerns by the UK government (said on the UK government website on EU ETS) that the government would no longer be able to sufficiently compensate companies significantly prone to carbon leakage for the transferred increase in energy prices because of the EU ETS. Uncertainty was created.
7.
(Leave the EU so the EU ETS is no longer applicable.)
8.
A simple regulatory framework would be good (there’s both the EU ETS and Climate Change Levy UK law to which to comply.)(can leave the EU then adjust Climate Change Levy accordingly.)
9.
EU should increase funds to decarbonising technologies; funds are not enough for the steel industry.
10.
Leave EU, then use net contribution to fund the decarbonising technologies.
11.
There’s a solution called dynamic allocation I haven’t read much into. http://www.ecofys.com/files/files/ecofys-2014-dynamic-allocation-for-the-eu-ets.pdf
12.
David Hone at Shell said it was supposed to be a 40-year policy and so it should be left to do its job, and that a cap and trade approach becomes largely redundant because the economy sought sharp reductions.
Last reply 1 day ago
Why is the political left now censorious and authoritarian??Last reply 2 days ago
Is it true that British unis are prejudiced towards degrees from Scottish unis?Last reply 2 days ago
If the Russell Group was now a fair representation of what it still claims to beLast reply 2 weeks ago
TSR Goes Green: How important will the environment be in this year's election?Last reply 2 weeks ago
Research Rankings of universities if you add Research Quality & Intensity percentagesLast reply 1 month ago
Is University of Birmingham prestigious and respected well enough in UK ?Last reply 1 day ago
Why is the political left now censorious and authoritarian??Last reply 2 days ago
Is it true that British unis are prejudiced towards degrees from Scottish unis?Last reply 2 days ago
If the Russell Group was now a fair representation of what it still claims to beLast reply 2 weeks ago
TSR Goes Green: How important will the environment be in this year's election?Last reply 2 weeks ago
Research Rankings of universities if you add Research Quality & Intensity percentagesLast reply 1 month ago
Is University of Birmingham prestigious and respected well enough in UK ?