Green-push dilemma – China’s steel curbs could cripple price control efforts

China’s emissions commitments are not worth a lot. We have still not understood that countries such as China sign international agreements to game them. And not only countries do that. Companies do the same. Thats a normal process during which we weigh the cost/benefit ratio of breaking the agreement or not. Done properly that’s a healthy process as it’s driven by realistic assumptions on the state of the market. It’s not the gamers that are to be blamed. It’s the gamed that should start doing their own weighting instead of pushing fantasy narratives.

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