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Liberty Steel Welcomes Green Deal

Steel News - Published on Fri, 13 Dec 2019

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Liberty Steel Continental Europe CEO Mr Jon Bolton said “The successful delivery of Liberty Steel Group’s strategy to be net carbon neutral by 2030 and the development of a sustainable European steel industry will require significant investment as well as sustained, consistent support from Governments across the EU. The Green Deal has the potential to create the right framework to support this transformation. We also welcome the Commission’s proposal for a carbon border adjustment mechanism as, combined with existing tools such as free allocations; it will help European producers who are operating at a huge commercial disadvantage to those which are able to import low-cost steel without any respect for European climate policies. We will review the more detailed proposals with interest when they are available.”

He added “We look forward to working with the European Commission and others to deliver the Green Deal.”

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Posted By : Rabi Wangkhem on Fri, 13 Dec 2019
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