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Carbon Emissions Reduction and Management in CSC

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Presentation on theme: "Carbon Emissions Reduction and Management in CSC"— Presentation transcript:

1 Carbon Emissions Reduction and Management in CSC
I-Min Wu Office of Energy and Environment China Steel Corporation 2016 Asia Pacific Carbon Forum, Jeju, Korea

2 GHG Reduction Roadmap Emission data, reduction roadmap, and performance as the figures. Four strategies to achieve the target Internal Reduction Optimization of self- produced fuel gas New energy District energy integration Not on the way to meet the targets due to poor market and reduced production. However, total emissions reduced. Considering new targets based on both intensity and total emissions.

3 District Energy Integration
Very efficient use of energy between different industries. Exploit the unique industrial combination in the park, which includes: Steel + Metal Petrochemical + Chemical Incinerator CSC in the center integrates energy consumers and producers, providing secured energy supply with lower cost supported by its huge energy system. External carbon reduction 382 thousand tons CO2 in 2015.

4 Preparation for Emission Trading
Accounting definition of carbon credits – Intangible Asset CSC Standard for Carbon Credits Trading and Management Responsibilities of Relevant Departments Credits Application Purchase of Carbon Credits Selling of Carbon Credits Credits Use Credits Pricing Special Treatments by Relevant Laws Training for carbon pricing.

5 The Carbon Market in Taiwan
Small credit-based market!! Demand = EIA Offset Requirement No credits to trade!! Supply = Early Action Credits + Offset Credits TWETS Expected DSC (CSC Group) purchased 2M + 5M + 4M tCO2 The only 3 trading of official carbon credits. -93000 Source: Taiwan EPA + Taiwan Research institute

6 Your Comments are Welcome!!
I-Min Wu


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