Sectoral Approaches in the Case of the Iron and Steel Industry

Research output: Book/ReportReport

Abstract

Sectoral approaches are discussed widely in international negotiations, governments and research institutes, because they are considered to enhance greenhouse gas mitigation and address competitiveness concerns of globally competing industry. Developing countries have so far rejected binding commitments, industrial benchmarks or sectoral approaches. But according to IPCC, also they have to reduce emissions in a long term, if we want to achieve 2 °C target. Sectoral approaches could be considerable easier start than economy wide commitments. Every sectoral approach includes (1) selecting a sector, (2) defining a sector, (3) designing the approach and (4) amending it to national legislations. The scheme's trustworthiness also requires proper monitoring, reporting and verification. The iron and steel sector seems to suit well for a sectoral approach, due to its concentrated actors and uniform products and processes. The definition of a regulated sector could be only a blast furnace or it could reach also to other steel making sub processes or other reduction processes, e.g. ferrochrome. Emissions could be measured as absolute or with benchmarks, but benchmarks suit a sectoral scheme better. Why developing countries would adopt any commitments is one of the key questions. They may 1) receive funds in exchange of GHG reductions or there can be 2) technology transfers and 3) training of professionals. Generally speaking, these options may look reasonable and sound, but they include many difficult questions. This study gives a brief review of the literature on sectoral approaches and the global iron and steel industry. It carries out a case study of sectoral approaches on the iron and steel sector and discusses underlying barriers and possible solutions.
Original languageEnglish
Place of PublicationEspoo
PublisherVTT Technical Research Centre of Finland
Number of pages58
ISBN (Electronic)978-951-38-7172-7
Publication statusPublished - 2009
MoE publication typeNot Eligible

Publication series

SeriesVTT Working Papers
Number111

Fingerprint

Iron and steel industry
Benchmark
Iron and steel
Developing countries
Steelmaking
Mitigation
Technology transfer
International negotiations
Greenhouse gases
Industry
Competitiveness
Trustworthiness
Government
Legislation
Monitoring

Keywords

  • sectoral approaches
  • iron
  • steel
  • CO2
  • emission
  • reductions
  • carbon leakage

Cite this

Lindroos, T. J. (2009). Sectoral Approaches in the Case of the Iron and Steel Industry. Espoo: VTT Technical Research Centre of Finland. VTT Working Papers, No. 111
Lindroos, Tomi J. / Sectoral Approaches in the Case of the Iron and Steel Industry. Espoo : VTT Technical Research Centre of Finland, 2009. 58 p. (VTT Working Papers; No. 111).
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Lindroos, TJ 2009, Sectoral Approaches in the Case of the Iron and Steel Industry. VTT Working Papers, no. 111, VTT Technical Research Centre of Finland, Espoo.

Sectoral Approaches in the Case of the Iron and Steel Industry. / Lindroos, Tomi J.

Espoo : VTT Technical Research Centre of Finland, 2009. 58 p. (VTT Working Papers; No. 111).

Research output: Book/ReportReport

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Lindroos TJ. Sectoral Approaches in the Case of the Iron and Steel Industry. Espoo: VTT Technical Research Centre of Finland, 2009. 58 p. (VTT Working Papers; No. 111).