Campaigners warned companies in the threatened industry need support to move to environmentally-friendly processes before it is too late
Steel campaigners have warned the industry could be “suffocated” amid tighter limits on pollution.
The UK Emissions Trading System Authority announced a shake-up of a scheme which restricts the total amount of greenhouse gases aviation, power and other energy intensive industries, including steel, can belch out.
It said: “From next year, these industries will be required to bring their emissions down at the rate needed to reach net zero goals â sending a clear signal to industry to invest in the long-term decarbonisation that will help the UK to maintain its world-leading position in cutting carbon emissions.
“To ease this transition, the cap will be set at the highest level of the range consulted on, in line with net zero – allowing maximum flexibility for industries.”