Abstract
This chapter provides an overview of the pig-iron and steel sectors in Brazil. The chapter discusses the Plantar project, which was designed in Brazil according to the clean development mechanism (CDM) rules agreed upon under the Kyoto Protocol. The Plantar project is located in the municipalities of Sete Lagoas, Curvelo, and Felixlândia, the State of Minas Gerais, in the Southeast of Brazil. The project is based on fuel switching in the iron industry: it avoids the use of coal coke in the production of pig iron by using sustainable charcoal instead. The Plantar project provides a new model for financing the charcoal-based pig-iron industry in Minas Gerais, Brazil, allowing for the survival of independent producers and the plantation forestry sectors in the region. The project also avoids greenhouse gas (GHG) emissions. This new business model could help attract substantial additional foreign investment to the country, with positive effects to the Brazilian balance of payments. Because of the focus of this project on the small independent producers, there are also important benefits to be accrued from wealth distribution and development of small and medium sized enterprises.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
