scholarly journals Analysis of emission reduction strategies for power boilers in the US pulp and paper industry

2017 ◽  
Vol Volume 5 ◽  
pp. 27-37 ◽  
Author(s):  
Gurbakhash Bhander ◽  
Wojciech Jozewicz
Author(s):  
Perry Warren Solheim

In this study I use the US pulp and paper industry to explore the equity market’s valuation of environmental capital expenditures. I replicate and extend a study by Clarkson, Li, and Richardson that bifurcates the industry into high and low polluting groups. As with their study, I find evidence indicating that the market values environmental capital expenditures by over-compliant firms while attaching no such value to the same expenditures by minimally compliant firms. I do not find that the market assesses unrecorded liabilities to firms that are minimally compliant. My extension also seeks to address two possible specification issues in the Clarkson, et. Al. approach.  The first, levels model they used is unbiased but inefficient.  Their model scaled by common shares outstanding attempts to rectify this inefficiency but may not be the optimal choice of scaling variable. My results suggest that a “Best Available Technology” approach to environmental regulation may carry additional incentives provided by the capital markets.


2008 ◽  
Vol 38 (12) ◽  
pp. 2951-2964 ◽  
Author(s):  
Xiaoli Tang ◽  
Shashi Kant ◽  
Susanna Laaksonen-Craig ◽  
Emmanuel R. Asinas

This paper studies substitution between main categories of imported pulp and paper products and between imported and domestic pulp and paper products in the US market. A restricted translog subcost function approach was employed to derive the elasticity of substitution. The results suggest that Canadian pulp and paper products are competitive and have maintained their competitiveness in the US market, and therefore, the challenges faced by the Canadian pulp and paper industry are not because of the loss of its product competitiveness but are due to other reasons such as declining demand for paper products in the United States. It seems that if the Canadian pulp and paper industry wants to retain its dominant position in the world market place, it will have to create global reach and develop new markets.


BioResources ◽  
2020 ◽  
Vol 15 (2) ◽  
pp. 3899-3914
Author(s):  
Kristen E. Tomberlin ◽  
Richard Venditti ◽  
Yuan Yao

Greenhouse gas (GHG) emission levels are causing concern as climate change risks are growing, emphasizing the importance of GHG research for better understanding of emission sources. Previous studies on GHG emissions for the pulp and paper industry have ranged in scope from global to regional to site-specific. This study addresses the present knowledge gap of how GHG emissions vary among paper grades in the US. A cradle-to-gate life cycle carbon analysis for 252 mills in the US was performed by integrating large datasets at the production line level. The results indicated that one metric ton of paper product created a production weighted average of 942 kg of carbon dioxide equivalent (kg CO2eq) of GHG emissions. Greenhouse gas emissions varied by pulp and paper grade, from 608 kg CO2eq per metric ton of product to 1978 kg CO2eq per metric ton of product. Overall, fuels were the greatest contributor to the GHG emissions and should be the focus of emission reduction strategies across pulp and paper grades.


2020 ◽  
Vol 13 (8) ◽  
pp. 2243-2261 ◽  
Author(s):  
W. J. Sagues ◽  
H. Jameel ◽  
D. L. Sanchez ◽  
S. Park

The pulp and paper industry is a suitable candidate to lead the deployment of BECCS in the US.


Energy Policy ◽  
2000 ◽  
Vol 28 (4) ◽  
pp. 259-270 ◽  
Author(s):  
Matthias Ruth ◽  
Brynhildur Davidsdottir ◽  
Skip Laitner

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