The True Cost of Green Steel Production episode artwork

EPISODE · Jun 1, 2026 · 8 MIN

The True Cost of Green Steel Production

from Climate Economics with Fexingo: Carbon Pricing, Green Policy, and Sustainability Costs · host Fexingo

Steel production accounts for roughly 7 percent of global carbon dioxide emissions. In this episode, Lucas and Luna examine the emerging economics of green steel — made with hydrogen instead of coal. They break down the cost premium green steel carries today, why major automakers like Volvo and BMW are already signing supply deals, and what it would take for green steel to reach price parity with conventional steel by 2030. They also discuss the role of government subsidies, the challenge of scaling green hydrogen production, and how carbon border taxes in Europe are reshaping the competitive landscape. A focused look at one of the hardest industries to decarbonize. #GreenSteel #Decarbonization #HydrogenEconomy #SteelIndustry #CarbonBorderTax #IndustrialPolicy #CleanEnergy #ClimateEconomics #SustainableManufacturing #GreenHydrogen #Volvo #BMW #EUClimatePolicy #Economics #ClimatePolicy #FexingoBusiness #BusinessPodcast #NetZeroIndustry Keep every episode free: buymeacoffee.com/fexingo

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The True Cost of Green Steel Production

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