Imports - Eurofer
Imports - Eurofer
Imports - Eurofer
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T e c h n o l o g y a n d E n v i r o n m e n t<br />
EU Steel Industry Energy Consumption per Tonne of Finished Steel<br />
EU Steel Industry CO 2 Emissions per Tonne of Finished Steel<br />
100<br />
80<br />
60<br />
40<br />
1975 1980 1985<br />
1990 1995 1999<br />
Source: Eurostat<br />
95.7<br />
93.2<br />
Energy Consumption<br />
CO2 Emissions<br />
Various policies and measures are being considered, nationally and at a European level, in order<br />
to implement the Kyoto commitments. EUROFER supports the idea of voluntary/negotiated<br />
agreements at a national level. Such agreements exist or are being renegotiated in six Member<br />
States (Germany, Finland, France, Luxembourg, the Netherlands and the UK), and are being<br />
discussed in several others.<br />
In the recently issued “EU strategy for sustainable development” an all-encompassing EU energy<br />
tax regime to be adopted in 2004 with “full internalisation of external costs” and minimum tax<br />
rates indexed to inflation is announced. Although a (carbon) energy tax has been on the<br />
Council agenda for many years, agreement has not been reached. A carbon energy tax is quite<br />
inappropriate for the steel sector because it is unlikely to result in reduction of CO 2 emissions.<br />
Its effect on the industry would be to push up input costs, not reduce unit energy consumption.<br />
Production processes are already very energy efficient and further improvements would be very<br />
difficult to achieve economically. Consequently, a carbon energy tax would reduce funds available<br />
for investments and R&D for improvement of energy efficiency, and it would also open the<br />
probability of relocation of steel production to non-EU countries.<br />
3-year moving average<br />
54.1<br />
51.4<br />
39<br />
E U R O F E R 2 0 0 0