scholarly journals Does Emission Trading Improve Carbon Emission Efficiency of China’s Iron and Steel Industry? An Exploration Using a DEA-SBM and Difference-In-Differences Approach

2021 ◽  
Author(s):  
Xiping Wang ◽  
Sujing Wang
Keyword(s):  
Steel Industry ◽  
Carbon Emission ◽  
Emission Trading ◽  
Energy Structure ◽  
Iron And Steel Industry ◽  
Low Carbon ◽  
Difference In Differences ◽  
Iron And Steel ◽  
Emission Efficiency ◽  
The Impact

Abstract As an effective tool of carbon emission reduction, emission trading has been widely used in many countries. Since 2013, China implemented carbon emission trading in seven provinces and cities, with iron and steel industry included in the first batch of pilot industries. This study attempts to explore the policy effect of emission trading on iron and steel industry in order to provide data and theoretical support for the low-carbon development of iron and steel industry as well as the optimization of carbon market. With panel data of China’s 29 provinces from 2006 to 2017, this study adopted a DEA-SBM model to measure carbon emission efficiency of China’s iron and steel industry (CEI) and a difference-in-differences (DID) method to explore the impact of emission trading on CEI. Moreover, regional heterogeneity and influencing mechanisms were further investigated, respectively. The results indicate that: (1) China's emission trading has a significant and sustained effect on carbon abatement of iron and steel industry, increasing the annual average CEI by 12.6% in pilot provinces. (2) The policy effects are heterogeneous across diverse regions. Higher impacts are found in the western and eastern regions, whereas the central region is not significant. (3) Emission trading improves CEI by stimulating technology innovation, reducing energy intensity, and adjusting energy structure. (4) Economic level and industrial structure are negatively related to CEI, while environmental governance and openness degree have no obvious impacts. Finally, according to the results and conclusions, some specific suggestions are proposed.

scholarly journals European Emission Trading Scheme and competitiveness: A case study on the iron and steel industry

2018 ◽  
Author(s):  
Damien Demailly ◽  
Philippe Quirion
Keyword(s):  
Steel Industry ◽  
Emission Trading ◽  
Two Dimensions ◽  
Cost Curve ◽  
Iron And Steel Industry ◽  
Emission Trading Scheme ◽  
Iron And Steel ◽  
Trading Scheme ◽  
Pass Through ◽  
The Impact

We quantify the impact of the European Emission Trading Scheme (ETS) on the two dimensions of competitiveness - production and profitability - for the iron and steel industry. Among those covered by the scheme, this sector is one of the most exposed, since it is both highly CO2-intensive and relatively open to international trade. We also examine the robustness of these results to various assumptions: marginal abatement cost curve, trade and demand elasticities, as well as pass-through rates and updating of allocation rules, of which the latter two are scarcely debated. We conclude that for this sector, competitiveness losses are small. We prove this conclusion to be robust. Hence arguments against tightening the environmental stringency of the ETS in Phase II are not justified on grounds of competitiveness loss. Our systematic sensitivity analysis allows us to identify the important assumptions for each output variable. It turns out that pass-through rates and updating rules are significant, despite being often implicit and least debated in existing analyses. © 2007 Elsevier B.V. All rights reserved.

Pathways to a low-carbon iron and steel industry in the medium-term – the case of Germany

2017 ◽  
Vol 163 ◽  
pp. 84-98 ◽  
Author(s):  
Marlene Arens ◽  
Ernst Worrell ◽  
Wolfgang Eichhammer ◽  
Ali Hasanbeigi ◽  
Qi Zhang
Keyword(s):  
Steel Industry ◽  
Iron And Steel Industry ◽  
Low Carbon ◽  
Medium Term ◽  
Iron And Steel ◽  
Carbon Iron

scholarly journals The Challenge of Digitalization in the Steel Sector

Metals ◽  
2020 ◽  
Vol 10 (2) ◽  
pp. 288 ◽  
Author(s):  
Teresa Annunziata Branca ◽  
Barbara Fornai ◽  
Valentina Colla ◽  
Maria Maddalena Murri ◽  
Eliana Streppa ◽  
...  
Keyword(s):  
Steel Industry ◽  
Production Efficiency ◽  
Rapid Evolution ◽  
Low Carbon ◽  
Production Chain ◽  
Iron And Steel ◽  
Steel Sector ◽  
European Industry ◽  
Economic Developments ◽  
The Impact

Digitalization represents a paramount process started some decades ago, but which received a strong acceleration by Industry 4.0 and now directly impacts all the process and manufacturing sectors. It is expected to allow the European industry to increase its production efficiency and its sustainability. In particular, in the energy-intensive industries, such as the steel industry, digitalization concerns the application of the related technologies to the production processes, focusing on two main often overlapping directions: Advanced tools for the optimization of the production chain and specific technologies for low-carbon and sustainable production. Furthermore, the rapid evolution of the technologies in the steel sector require the continuous update of the skills of the industrial workforce. The present review paper, resulting from a recent study developed inside a Blueprint European project, introduces the context of digitalization and some important definitions in both the European industry and the European iron and steel sector. The current technological transformation is depicted, and the main developments funded by European Research Programs are analyzed. Moreover, the impact of digitalization on the steel industry workforce are considered together with the foreseen economic developments.

Sign in / Sign up

Export Citation Format

Share Document