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Carbon neutral merchant pig iron in Brazil: Alternatives that allow decoupling from deforestation.
- Source :
- Energy for Sustainable Development; Aug2015, Vol. 27, p93-104, 12p
- Publication Year :
- 2015
-
Abstract
- Brazilian merchant pig iron (MPI) mills, even those relying exclusively on charcoal, are at least as harmful to the global climate as the coal-based competitors they confront in international trade. However, when timber from deforestation is replaced by sustainably managed forest plantations, a carbon neutral process emerges. Yet the cost of growing trees can be large enough to discourage mills from pursuing such a climate change mitigation route. The paper shows that the impasse can be overcome by the improvement of pyrolysis kilns coupled with a multilateral agreement in which (1) Brazil supplies attested carbon-neutral MPI and (2) importers of Brazilian MPI take environmental concerns to the field of MPI trade, paying a premium of 19% of MPI price or of US$3 per ton of avoided emissions. [ABSTRACT FROM AUTHOR]
- Subjects :
- CARBON offsetting
PIG iron
DEFORESTATION
INTERNATIONAL trade
Subjects
Details
- Language :
- English
- ISSN :
- 09730826
- Volume :
- 27
- Database :
- Supplemental Index
- Journal :
- Energy for Sustainable Development
- Publication Type :
- Academic Journal
- Accession number :
- 108506256
- Full Text :
- https://doi.org/10.1016/j.esd.2015.04.008