LTLFTcomposite wrote:^ or it raises scrap prices and more is recycled... or people consume less and be more efficient, reducing carbon emissions. After all, you can't make steel without coal, so using less is a good thing.
We recycle quite a bit already (~50% - thanks to rust, you can't really recycle much more than that), and rising scrap prices is directly related to the price of virgin steel, which just reinforces the fact that Trump's policies are directly impacting the american economy. Lower consumer consumption is actually bad for the economy, as that decreases business revenue, which begets layoffs and increased unemployment, which just feeds on itself until we're in another recession. The lower economy also means lower tax revenue, which opens up a whole other can of worms.
As for using coal to produce steel, that's been solved for aluminium already (see Alcoa's recent press release). It's just a matter of time before this is solved for steel as well: https://www.scientificamerican.com/arti ... ectricity/