This paper outlines design considerations for an effective low-carbon cement standard in the United States, including how to set benchmarks and stringency, how to address leakage and competitiveness, and how to structure cost containment policies.
Steel production in the United States accounts for around 100 million tons of carbon dioxide equivalent emissions. Available and emerging technologies have the ability to significantly decarbonize the steel industry.
To achieve the Paris Agreement goals and limit global temperature rise this century to 1.5°C, the global economy must be rapidly transformed. A carbon price is needed to incorporate climate change costs into economic decision-making to significantly reduce U.S. greenhouse gas emissions, particularly in the electricity sector.