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JOURNAL: Low-carbon reorientation in a declining industry? A longitudinal analysis of coevolving contexts and company strategies in the UK steel industry (1988–2022)
Summary
Authors:
Frank W. Geels
Julian Gregory
The University of Manchester
Low-carbon reorientation in a declining industry? A longitudinal analysis of coevolving contexts and company strategies in the UK steel industry (1988–2022)
Energy Research & Social Science
January 2023
- UK steel industry faces increasing socio-political pressures to decarbonise
- To contextualise current efforts we make a longitudinal analysis of company strategies
- We find that economic decline and retrenchment strategies hampered low-carbon reorientation
- Low-carbon reorientation strategies oscillated between incremental change and exploring radical alternatives
- Companies have not yet committed to implementing radical low-carbon technologies
Associated Research
MIP 7.6 Low-carbon reorientation in steel, oil refining and chemical industries