The planned green steel project Stegra in Boden is not socio‑economically profitable and provides only limited climate benefits. This is the view of CERE researchers Professor Bengt Kriström and Professor Emeritus Per‑Olov Johansson, expressed in a debate article in Affärsvärlden. The authors argue that the project’s costs are underestimated while its climate benefits are overstated. Since emissions within the EU are governed by a fixed cap under the emissions trading system, new fossil‑free production in one country in practice leads to higher emissions elsewhere. The criticism also targets the role of the state in the project and the risk that taxpayers may ultimately bear substantial financial losses.
Read the full debate article here (Swedish).
