31 Mar '16, 3pm

Green levy scape-goating will do nothing to save UK steel

Green levy scape-goating will do nothing to save UK steel

But it does mean recognising that some industries have strategic value beyond their narrow short term commercial returns, be it through their national security value (as Mason argues, we need steel to maintain an independent military) or their environmental and energy security value (we also need steel to make wind turbines and green buildings) or their long term economic value (failure to innovate and upgrade faltering industries in the short term can quickly result in a country's competitiveness being neutered in the long term). It means state and private sector working in partnership to maximise this value and jointly ensuring investment in infrastructure improvements and essential R&D is maintained in line with the requirements dictated by the existential threat that is climate change and the international deal that is the Paris Agreement. It means unequivocal and cons...

Full article: http://www.businessgreen.com/bg/blog-post/2452996/green-l...

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