Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/253283 
Year of Publication: 
2022
Series/Report no.: 
OIES Paper: ET No. 09
Publisher: 
The Oxford Institute for Energy Studies, Oxford
Abstract: 
This paper aims to examine consumer behaviour towards, and the willingness to adopt, 'green steel' in the automotive sector. Semi-structured interviews were held with experts from global, regional and country-specific industry associations and automakers. This paper appraises potential demand for green steel within different vehicle types (based both on size and powertrain) and shows that manufacturers of electric heavy-duty vehicles are most likely to be the first adopters of green steel. A case for green advanced higher-strength steels (AHSS) can also be made in light-duty passenger vehicles, which may mitigate competition from alternative lightweight materials in terms of cost and greenness (depending on source and utilization regions). This work emphasizes a need to revisit current CO2 performance regulations, engage in educational green marketing campaigns, and explore innovative market-based mechanisms to bridge the gap between relatively-low carbon abatement costs of steelmaking and high abatement costs of vehicle manufacturing.
Subjects: 
automotive sector
carbon abatement
consumer behaviour
green marketing
Green steel
Regulations
steelmaking
ISBN: 
978-1-78467-196-9
Document Type: 
Working Paper

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