METALLURGY AS A SOURCE OF CARBON EXTERNALITIES IN GLOBAL VALUE CHAINS
DOI:
https://doi.org/10.60022/3(4)-33SKeywords:
decarbonization, metallurgy, global value chains, carbon externalities, embodied emissionsAbstract
The article examines metallurgy as one of the key sources of carbon externalities in global value chains. The aim of the study is to identify the economic nature of embedded emissions that arise in the steel production process and are transferred to other sectors of the economy through cross-sectoral linkages. The methodological basis is the approaches of global cross-sector analysis, the concept of embedded emissions, as well as the calculation of the author’s embedded emissions index (EEI) based on OECD TiVA and Greenhouse Gas Footprints data. The dual role of metallurgy is substantiated: on the one hand, it is a significant source of greenhouse gases, and on the other, it is the material basis of low-carbon transformation. It is established that the greatest impact of metallurgical emissions is observed in sectors closely integrated with metallurgical production. The results of the study can be used to improve climate policy, assess carbon leakage, and develop effective approaches to industrial decarbonization
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Copyright (c) 2026 Євгеній Олександрович Логвиненко (Автор)
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