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The limited effect of EU emissions trading on corporate climate strategies: Comparison of a Swedish and a Norwegian pulp and paper company

Gulbrandsen, Lars H. and Stenqvist, Christian LU (2013) In Energy Policy 56. p.516-525
Abstract
This article article examines to what extent and how the EU ETS has influenced the climate strategies of two Nordic pulp and paper companies: Swedish SCA and Norwegian Norske Skog. Rising electricity prices are perceived to be the greatest effect of the scheme. The EU ETS has served to reinforce commitments to improve energy efficiency and reduce CO2 emissions in both companies studied. Procedures like monitoring of CO2 emissions and accounting for CO2 prices have become more significant since the introduction of the EU ETS, but the scheme has not triggered a search for innovative, low-carbon solutions. Due to differences in market factors and production factors, SCA has been more active than Norske Skog in investing in and implementing... (More)
This article article examines to what extent and how the EU ETS has influenced the climate strategies of two Nordic pulp and paper companies: Swedish SCA and Norwegian Norske Skog. Rising electricity prices are perceived to be the greatest effect of the scheme. The EU ETS has served to reinforce commitments to improve energy efficiency and reduce CO2 emissions in both companies studied. Procedures like monitoring of CO2 emissions and accounting for CO2 prices have become more significant since the introduction of the EU ETS, but the scheme has not triggered a search for innovative, low-carbon solutions. Due to differences in market factors and production factors, SCA has been more active than Norske Skog in investing in and implementing CO2-lean actions. Future studies of climate-mitigation activities, strategies and innovations in the pulp and paper industry should involve more in-depth investigation of the interactions between such factors and the EU ETS. (C) 2013 Elsevier Ltd. All rights reserved. (Less)
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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Emissions trading, Corporate climate strategies, Pulp and paper industry
in
Energy Policy
volume
56
pages
516 - 525
publisher
Elsevier
external identifiers
  • wos:000317158400048
  • scopus:84875217546
ISSN
1873-6777
DOI
10.1016/j.enpol.2013.01.014
language
English
LU publication?
yes
id
de38bce1-edf4-4064-8733-a794ac1a11d3 (old id 3843436)
date added to LUP
2013-06-20 13:54:47
date last changed
2019-02-20 05:49:24
@article{de38bce1-edf4-4064-8733-a794ac1a11d3,
  abstract     = {This article article examines to what extent and how the EU ETS has influenced the climate strategies of two Nordic pulp and paper companies: Swedish SCA and Norwegian Norske Skog. Rising electricity prices are perceived to be the greatest effect of the scheme. The EU ETS has served to reinforce commitments to improve energy efficiency and reduce CO2 emissions in both companies studied. Procedures like monitoring of CO2 emissions and accounting for CO2 prices have become more significant since the introduction of the EU ETS, but the scheme has not triggered a search for innovative, low-carbon solutions. Due to differences in market factors and production factors, SCA has been more active than Norske Skog in investing in and implementing CO2-lean actions. Future studies of climate-mitigation activities, strategies and innovations in the pulp and paper industry should involve more in-depth investigation of the interactions between such factors and the EU ETS. (C) 2013 Elsevier Ltd. All rights reserved.},
  author       = {Gulbrandsen, Lars H. and Stenqvist, Christian},
  issn         = {1873-6777},
  keyword      = {Emissions trading,Corporate climate strategies,Pulp and paper industry},
  language     = {eng},
  pages        = {516--525},
  publisher    = {Elsevier},
  series       = {Energy Policy},
  title        = {The limited effect of EU emissions trading on corporate climate strategies: Comparison of a Swedish and a Norwegian pulp and paper company},
  url          = {http://dx.doi.org/10.1016/j.enpol.2013.01.014},
  volume       = {56},
  year         = {2013},
}