Wales (Cymru)
Navarian
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6mo ago
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UK Government support for greening Port Talbot steelworks significantly lower than other European states
https://nation.cymru/news/uk-government-support-for-greening-port-talbot-steelworks-significantly-lower-than-other-european-states/UK Government support for Port Talbot steelworks is significantly less than other European states are investing in green steel production, new European Commission figures show.
The UK Government has provided £500 million in state aid to Port Talbot owners Tata Steel as part of a plan which will see production decarbonised but at the expense of around 2,800 jobs.
When the deal was announced last September, Business and Trade Secretary Kemi Badenoch called it a “historic package of support”.
But the State Aid Scoreboard published on Tuesday by the Commission shows Germany and France have both spent more on greening their steel industries.
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