India’s steel ambitions: Why they need a clear climate transition plan
The policy, therefore, needs clear interim milestones, beginning well before 2047. A series of measurable milestones would set a clear direction for emissions reductions, distinguish the responsibilities of existing and new plants, and recognize the different capacities of large, medium-sized, secondary and speciality steelmakers. Regular reviews should reveal whether progress is keeping pace with expansion and where policy support or investment needs to change.