Using Modified Anti-Dumping Mechanisms for Sustainable Development: The Case of the Chinese Iron and Steel Industry
$ 38.5
Description
The world’s collective efforts to advance the goals of sustainable development are failing to produce results at the rate that they needed to prevent devastating levels of greenhouse gas emissions. In spite of the declaration of Paris Agreement in December 2015, the countries in line to be the next biggest polluter are becoming more numerous. The current titleholder is China, whose rapid economic growth resulted in a 100-fold increase of total greenhouse gas emissions in just 60 years. The manufacturing of such commodities as iron and steel is regarded as the primary source of emissions, accounting for 47% of the country’s total emissions. The sustainable development challenges of the Chinese iron and steel industry (CISI) are not contained within its borders: the industry controls approximately half of the global market for steel products as the lowest-price supplier.