Greener cement sector and potential climate strategy development between 2015-2030 (Hungarian case study)
Boglarka Herczeg and
APSTRACT: Applied Studies in Agribusiness and Commerce, 2015, vol. 09, issue 4
Advancing the domestic industrial production towards a sustainable, resource-preserving direction can become an important pillar to support competitiveness in the European Union, as well as in Hungary. Reaching the de-carbonization goals for industrial production via lowering the production volume may result in less desirable macro-economic effects, so decisions which concern the industry require a lot of attention from the climate policy as well. In the case of the cement sector, economic actors have to be motivated to make energy-efficiency investments and technology developments, which also show promise in terms of business efficiency. In the more natural-resource-intensive branches of the industry, both innovations and technological developments will be required to reduce the amount of used non-renewable energy resources, keep it in the industrial cycle, and reduce environmental load. The importance of greener cement will be essential in the near future to reduce the sectorâ€™s CO2 emission levels. We need to identify more sector branches which relate to sustainability, which can aid the country in establishing long-term competitiveness that points towards the de-carbonization goals. The cost-efficiency aspects of this development process are the most tedious questions in todayâ€™s business planning.
Keywords: emission trading; EU climate policy; cement sector; benchmarking; EU ETS; industrial climate change effects; green cement; Agribusiness; Environmental Economics and Policy; Industrial Organization; Institutional and Behavioral Economics; Q55 (search for similar items in EconPapers)
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