This week Catherine Cobden joins our podcast. Catherine is the President and CEO of the Canadian Steel Producers Association (CSPA). Canadian steel is already some of the lowest carbon product in the world and the industry has announced goals to achieve net-zero carbon dioxide emissions by 2050.
ARC Energy Ideas Podcast
And, importantly, the U.S. signalled that other countries that produce relatively low-carbon steel and don’t engage in dumping can join the club. Canada’s steel industry wants in. “We really don’t want to be left behind,” said Catherine Cobden, president of the Canadian Steel Producers Association.
The Globe and Mail
“Every individual steel company is looking at what they can do," said Catherine Cobden, president and CEO of the Canadian Steel Producers Association. “Members in our organization announced a net zero call-to-action plan. It’s an aspirational goal and we do take the issue of climate change seriously.”
“I can’t stress enough how significant a transformation this is,” says Catherine Cobden, CEO of the Canadian Steel Producers Association (CSPA), which made the net-zero pledge in March 2020. “It is an aspirational goal, and it will take a significant effort to achieve it.”
Catherine Cobden, president and chief executive of the Canadian Steel Producers Association, said her organization has lobbied for “green procurement” policies in government and that the industry has set a target to reduce its emissions to net zero by 2050, and called the decision to use Chinese structural steel in the Pattullo Bridge “a blow.”
“Those policies continue to concern us — ‘Made in America’ failed to embrace the integrated nature that we have in the steel business,” said Catherine Cobden, head of the Canadian Steel Producers Association.
The Canadian Steel Producers Association, which has committed to work toward net zero steel production by 2050, welcomed the measures. The association said the funding and tax announcements will “provide a strong foundation for this transformational agenda.”
The Hamilton Spec
While 2050 may seem like a long way off, the five- to 10-year planning cycle of the steel industry dictates that work must begin quickly. “We cannot afford to wait for months or years to get moving,” Catherine Cobden, president of the Canadian Steel Producers, wrote in a recent blog. “For our workers, communities and the producers, this has become existential and urgent.”
The Hamilton Spec
"To see investment taking place in the steel industry after what we've been through over the last several years is actually a tremendous sign in a shift in momentum," said association president Catherine Cobden. Cobden said recovery throughout the pandemic has so far taken shape "nicely." However, she said there's still plenty of uncertainty. "Not all markets have returned to their pre-pandemic levels," she said. "But overall, we're moving in the right direction."
Over 100 countries have net-zero commitments in progress and significant players in the private sector, including oilsands producer Cenovus Energy, the Canadian Steel Producers’ Association, and BP have also announced net-zero pledges.
The Weather Network
Canadian steel producers have been committed to doing what they can to reduce their GHG emissions for years. Globally, we are amongst the lowest GHG intensity steel producers in the world. In 2019, the CSPA Board tasked a team with broad expertise to develop the necessary idea bank and potential roadmaps to reduce our climate emissions. In March 2020, we released our resulting Climate Call to Action plan that articulated our long-term aspirational goal to be Net-Zero by 2050.
"We know that climate change is a global challenge that requires our collective action. While net-zero is an aspirational goal, we believe we can achieve our vision of a low-carbon steel sector if we work in collaboration with governments, stakeholders, customers and the supply chain.” says Cobden.
“There are polls saying Canadians want a sustainable economy and an investment in clean technologies,” she says, pointing to a poll for the Canadian Nuclear Association by Abacus. “This is what the government is looking at.” Canadian steel should be part of that future, she says, and the net-zero 2050 goal is the central plank of the CSPA’s newly unveiled Climate Call to Action – a declaration and roadmap of the necessary conditions to achieving net-zero emissions.
Daily Commercial News
Catherine Cobden, president of the Canadian Steel Producers Association, said steel exports to the U.S. are down by as much as 40 per cent since March, “so there’s no way anyone could assess what’s happening as being a surge.”
“Overall we are discouraged,” said Catherine Cobden, CSPA president. “It really is a step in the wrong direction between two countries that want to have fair and free trade.”
Canada Construct Connect
The U.S. Supreme Court refused to question President Donald Trump’s imposition of more than US$4 billion in steel tariffs, turning away an appeal that challenged his use of national security as the legal justification for his trade agenda.
"Don't bask in the glory of this one," United Steelworkers president Leo Gerard told CBC's The House podcast last week, casting a skeptical eye on the agreement to end steel and aluminum tariffs. The deal points to where the Trump administration's protectionism may be headed next — and it's not really a return to a North American free trade zone for steel and aluminum products.
The President of the Canadian Steel Producers Association, Catherine Cobden, weighs in on the news that Canada and the United States are both removing matching 25 percent tariffs on steel and 10 percent tariffs on aluminum.