An assessment of environmental regulation of the steel industry in China
Alliance for American Manufacturing, Washington, DC
AAM - Washington, DC
2009
93 p.
climate change ; cost benefit analysis ; environment ; environmental management ; iron and steel industry ; pollution control ; regulation
Environment
English
Bibliogr.;Charts
"China is by far the leading source of steel in the world. It produces more than the U.S., Russia and Japan combined. Between 2000 and the end of 2007 China nearly quadrupled its production of steel, and now produces more than one-third of the world's total steel output. Only the world's current economic troubles may now interrupt the industry's rapid growth.
China has also become one of the world's biggest polluters. Much of this is due to increased emissions from rapid industrial expansion in steel and other industries, and the fact that China applies less stringent environmental standards than most developed countries to industrial pollution, including pollution from the steel industry. China now produces more sulfur dioxide than any other country in the world, and reports suggest that China has recently become the number one generator of carbon dioxide as well.
This report documents how China's steel industry has been advantaged by less stringent pollution control standards, as it expands into global markets. Not only is our environment imperiled by this activity, but U.S. steelmakers must compete with Chinese companies that play under a different set of rules. […]"
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The ETUI is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the ETUI.