The climate implications of government support in aluminium smelting and steelmaking: An Empirical Analysis

This report combines multiple novel datasets to provide evidence that government support has contributed to increased carbon emissions from aluminium and steelmaking activities through an increase in production output and by shifting production to more emission intensive plants. While improvements i...

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Bibliographic Details
Main Author: Garsous, Grégoire (Author)
Other Authors: Smith, Donal (Contributor), Bourny, Dylan (Contributor)
Format: Electronic eBook
Language:English
Published: Paris OECD Publishing 2023
Series:OECD Trade Policy Papers
Subjects:
Online Access:Volltext
Summary:This report combines multiple novel datasets to provide evidence that government support has contributed to increased carbon emissions from aluminium and steelmaking activities through an increase in production output and by shifting production to more emission intensive plants. While improvements in technology have driven overall emissions downward, there is no evidence that government support in this sector has been targeted at, or has contributed to, developing techniques that improve environmental performance. Removing such support could therefore contribute to a cost-effective decarbonisation strategy. For example, removing government support to aluminium smelting and steel making worldwide would reduce carbon emissions by 75% more than the reduction observed in 2020 resulting from COVID-related restrictions. In addition, the removal of such support would free up scarce public resources for alternative uses
Physical Description:1 Online-Ressource (55 Seiten) 21 x 28cm
DOI:10.1787/178ed034-en

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