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 – 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.