• Why a major steelmaker could ditch Biden’s climate agenda - and dollars

  • Sep 17 2024
  • Length: 9 mins
  • Podcast

Why a major steelmaker could ditch Biden’s climate agenda - and dollars

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  • Summary

  • A leading U.S. steelmaker exclusively told POLITICO that it’s considering forgoing a $500 million grant from the Biden administration to produce steel with fewer carbon emissions, also known as green steel. POLITICO’s Zack Colman breaks down why the company is potentially abandoning the federal money and how it could be a major setback for President Joe Biden’s efforts to make American manufacturing climate friendly. Plus, the Biden administration will hold the first offshore wind lease sale in late October for areas in the Gulf of Maine. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Zack Colman covers climate change for POLITICO. Josh Siegel is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Annie Rees is the managing producer for audio at POLITICO. Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO.
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