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REGULATING CARBON INTENSITY IN FERROUS METALLURGY: NEW APPROACHES BASED ON THE PRINCIPLES OF BEST AVAILABLE TECHNIQUES
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Maria Dobrokhotova; Dmitry Skobelev; Maria Stepanova
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10.5593/sgem2024/5.1
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1314-2704
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English
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24
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5.1
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• Prof. DSc. Oleksandr Trofymchuk, UKRAINE
• Prof. Dr. hab. oec. Baiba Rivza, LATVIA |
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The article describes the approaches to development of an effective regulatory mechanism to manage carbon intensity of Russian resource-intensive industries. The authors focus their attention on the ferrous metallurgy industry as the top emitter of greenhouse gases (GHG) and the second-largest consumer of energy among Russian industrial sectors. Resource consumption wise this sector is well-studies and regulated by the Best Available Techniques (BAT). Establishing the interrelation between carbon intensity indicators and resource consumption metrics, as well as operating costs per unit of consumed resource, forms the basis for developing a comparative analysis (benchmarking) system. This system relies on specialised indicators outlined in the Reference Documents on the Best Available Techniques (BREF). The authors suggest using the BAT concept for devising an approach to ascertain the acceptable level of greenhouse gas emissions and incentivise modernisation through industry-specific indicative carbon intensity parameters in the sector. Such parameters are substantiated for the ferrous metallurgy of the Russian Federation. The article evaluates the anticipated economic impact for both the government and the ferrous metallurgy industry stemming from the adoption of the proposed approaches to regulating carbon intensity in the sector. The practical implementation of the proposed methodology is poised to mitigate the financial burdens associated with the introduction of Carbon Border Adjustment Mechanisms (CBAM) around various economies.
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conference
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Proceedings of 24th International Multidisciplinary Scientific GeoConference SGEM 2024
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24th International Multidisciplinary Scientific GeoConference SGEM 2024, 1 - 7 July, 2024
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Proceedings Paper
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STEF92 Technology
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International Multidisciplinary Scientific GeoConference Surveying Geology and Mining Ecology Management, SGEM
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SWS Scholarly Society; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Russian Acad Sci; Serbian Acad Sci and Arts; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; European Acad Sci, Arts and Letters; Acad Fine Arts Zagreb Croatia; Croatian Acad Sci and Arts; Acad Sci Moldova; Montenegrin Acad Sci and Arts; Georgian Acad Sci; Acad Fine Arts and Design Bratislava; Russian Acad Arts; Turkish Acad Sci.
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211-220
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1 - 7 July, 2024
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website
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9977
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ferrous metallurgy, carbon intensity, decarbonisation, Best Available Techniques, indicative carbon intensity parameters
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