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A Climate Energy Finance report warns taxpayers may face $2 billion in additional subsidies for gas supply and new infrastructure if BlueScope takes over the Whyalla Steelworks and pursues a gas-based sustainability plan. The group says there is no spare pipeline capacity, meaning a new 160-km pipeline, estimated at $500 million, would be required, alongside long-term subsidies due to Australia’s exceptionally high domestic gas prices. Co-author Tim Buckley argues this approach would lock in methane for decades, urging instead that similar public investment support renewable-powered green iron and electric arc furnace steelmaking, which he says is commercially viable and consistent with climate goals.