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| Author: | Ruth, M. Davidsdottir, B. Amato, A. |
| Title: | Climate change policies and capital vintage effects: the cases of US pulp and paper, iron and steel, and ethylene |
| Journal: | Journal of Environmental Management
2004 : MAR, VOL. 70:3, p. 235-252 |
| Index terms: | Climate Environmental policy Metals industry Paper and pulp industry Technological change |
| Language: | eng |
| Abstract: | Changes in material use, energy use and emissions profiles of industry are the result of complex interrelationships among a multitude of technological and economic drivers. To better understand and guide such changes requires that attention is paid to the time-varying consequences that technology and economic influences have on an industry's choice of inputs and its associated (desired and undesired) outputs. This article lays out an approach to improving our understanding of the dynamics of large industrial systems. The approach combines engineering and econometric analysis with a detailed representation of an industry's capital stock structure. Three case studies of industrial energy use in the USA are presented - one each of the iron and steel, pulp and paper, and ethylene industry. |
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