This is ultimately the reason.why MGt will get up, goes for 50 mins, worth a listen.
https://www.abc.net.au/listen/programs/nightlife/first-hour---ross-garnaut-rod-sims/103557188?utm_campaign=abc_listen&utm_content=link&utm_medium=content_shared&utm_source=abc_listen
Understanding the demand for Green Steel, page-671
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