Volume 18, Issue 4 (2018)
QJER 2018, 18(4): 89-111 |
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Abasjoei A, Nasseri A, Sadeghi Saghdel H. Feasibility Study of Establishment of Emission Allowances Market in Iran’s Iron and Steel Industry. QJER 2018; 18 (4) :89-111
URL: http://ecor.modares.ac.ir/article-18-14740-en.html
URL: http://ecor.modares.ac.ir/article-18-14740-en.html
1- M.A. in Economics, Tarbiat Modares University, Tehran, Iran , Azad.Abasjoei@modares.ac.ir
2- Assistant Professor of Economics, Department of Economic Planning and Development, Tarbiat Modares University, Tehran, Iran
3- Associate Professor of Economics, Department of Economic Planning and Development, Tarbiat Modares University, Tehran, Iran
2- Assistant Professor of Economics, Department of Economic Planning and Development, Tarbiat Modares University, Tehran, Iran
3- Associate Professor of Economics, Department of Economic Planning and Development, Tarbiat Modares University, Tehran, Iran
Abstract: (8140 Views)
The aim of this study is to explain the idea of forming emissions cap-and-trade market as a new market- based instrument to reduce emissions of greenhouse gases (GHGs) in the Iron and Steel industry in Iran. Thus, as the first step of formation of such market in line with joining Iran to the Kyoto Protocol and Paris conference in 2020, this study deals with the feasibility of establishment such market in the Iron and Steel industry. In this regard, 10 factories are selected as representatives of all iron and steel production firms. Currently, these producers account for more than half of nominal capacity of steel products. In addition to examine the feasibility of emissions cap-and-trade market in Iron and steel industry, a hypothetical market is constructed for selected firms, and emissions cap and trade program was evaluated in economic terms. Findings show that forming such market as economic and environmental tool is impossible, or there is no incentive for establishing this market, and the economic savings will be negligible.
Keywords: Kyoto protocol, Allowances market, Emission cap and trade programs, Greenhouse gases, Iron and Steel industry
Article Type: Research Paper |
Subject:
Economics
Received: 2016/11/5 | Accepted: 2018/12/16 | Published: 2018/12/16
Received: 2016/11/5 | Accepted: 2018/12/16 | Published: 2018/12/16
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