AISI slams cap-and-trade bill; China points finger West

Dec 07, 2007 | 08:27 AM | Rory Carroll

The American Iron and Steel Institute (AISI) has "grave concerns" with the cap-and-trade bill passed by the Senate Environment and Public Works Committee, the trade group said Friday.

"The U.S. steel industry is the most energy efficient in the world and this bill would apply a one-size-fits-all model and impose a system and regime that would give worse environmental performers a leg up in this market," Andrew G. Sharkey III, AISI president and chief executive officer, said. Sharkey had testified before....

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