Environmental Sustainability of the Iron and Steel Industry: Towards Reaching the Climate Goals
European Journal of Sustainable Development
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Title |
Environmental Sustainability of the Iron and Steel Industry: Towards Reaching the Climate Goals
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Creator |
Shatokha, Volodymyr
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Description |
Radical modernization of the greenhouse gas emitting industrial sectors is indispensable for transition to a low-carbon economy. The iron and steel industry accounts for 6.7 % of the global anthropogenic carbon dioxide emissions. Futures of iron and steel industry based on various market penetration scenarios for best available and innovative technologies have been modelled and analyzed against the climate change mitigation targets identified by the International Energy Agency for keeping the global warming within 2°C. Plausible modernization pathways have been studied revealing a possibility of achieving the levels of CO2 emissions consistent with the climate targets by 2030-2040. However, reaching of the targets established for 2050 requires disruptive innovations in a synergy with carbon capture and storage/utilization, enhanced material efficiency and greater share of recycled steel production. The need for international collaboration to facilitate development and commercialisation of eco-innovations has been revealed. International instruments shall be applied in order to deliver incentive for modernisation, to boost carbon investment mechanisms and to ensure borderless technology transfer.
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Publisher |
European Center of Sustainable Development
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Contributor |
—
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Date |
2016-10-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://www.ecsdev.org/ojs/index.php/ejsd/article/view/405
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Source |
European Journal of Sustainable Development; Vol 5, No 4: Special Issue; 289-300
2239-6101 2239-5938 |
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Language |
eng
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Relation |
http://www.ecsdev.org/ojs/index.php/ejsd/article/view/405/402
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Rights |
This work is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License.Authors of articles published in the European Journal of Sustainable Development retain copyright on their articles. Authors are therefore free to disseminate and re-publish their articles, subject to any requirements of third-party copyright owners and subject to the original publication being fully cited. The ability to copy, download, forward or otherwise distribute any materials is always subject to any copyright notices displayed. Copyright notices must be displayed prominently and may not be obliterated, deleted or hidden, totally or partially.
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