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Transnational Thursday for March 27, 2025

Transnational Thursday is a thread for people to discuss international news, foreign policy or international relations history. Feel free as well to drop in with coverage of countries you’re interested in, talk about ongoing dynamics like the wars in Israel or Ukraine, or even just whatever you’re reading.

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https://www.telegraph.co.uk/business/2025/03/27/british-steels-chinese-owners-reject-500m-go-green/

Jingye, the Chinese steel group that owns the plant, blamed Donald Trump as it announced plans to shut key operations, putting up to 2,700 jobs at risk.

British Steel has announced plans to close its two blast furnaces in Scunthorpe, making Britain the only G7 country unable to manufacture its own steel.

Jingye said it has invested more than £1.2bn to maintain operations since 2020 but said losses have ballooned to around £700,000 a day.

British Steel’s latest available accounts show pre-tax losses grew tenfold to more than £408m in 2022.

What a pathetic story of British-style governance in action. Sell the steel industry to China. Wreck the economy with ridiculously expensive 'clean energy'. Lose basic industrial capabilities for warmaking or building anything. Lose jobs. Lose relevance. Lose everything, sooner or later (sooner).

Development economics needs a new category to go along with developing and developed, studying declining countries like the UK.

Australia does basically the same thing, albeit with the extra steps of 'bail out the industries wrecked by gross economic negligence' and 'invest in green hydrogen': https://www.theguardian.com/australia-news/2025/feb/20/whyalla-steelworks-government-bailout-administration-sa

Green hydrogen isn't even a thing, surely most physicists could tell you the concept is a fantasy. Who has ever dreamed of expensively converting electricity into hydrogen, struggling to store the ultra-leaky, diffuse, explosive gas and then turning the hydrogen back into electricity? Even in the fantasy-world of renewable energy economics it's an unusually silly dream. Nuclear power is still banned of course.

Who has ever dreamed of expensively converting electricity into hydrogen, struggling to store the ultra-leaky, diffuse, explosive gas and then turning the hydrogen back into electricity?

I have. There was a short period of time where you could draw a straight line from the current (ineffective) storage methods to the promises of some developing technologies, then out a couple decades and get pretty impressive energy densities. Of course, it didn't actually happen and lithium batteries filled that niche instead.

Reading through your linked article, I thought it was obviously a hydrogen chemical plant, which would produce useful ingredients for industrial processes like steel production (there must be a reason to do it centralized instead of on-site, right?). But no, it's a power plant. Then I thought it must be a hydrocarbon refining plant that split off the easy-to-get hydrogen from hydrocarbons and used it in some sort of novel turbine that took advantage of its properties (Compared to natural gas, it has higher flame temperature, different exhaust gasses, and ?????). But no, it's a green hydrogen power plant. They're breaking water molecules in half then putting them back together again.