Sarica, Kemal with Nihan Karali, "Modeling Of The Interactions Between Sectoral Co2 Emissions And Energy Efficieny Under Emission Restriction Policies", 2008 July 20-2008 July 24
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The purpose of this study is to understand the dynamic effects of carbon dioxide (CO2) emission restrictions and energy price policies on two highly energy intensive sectors of industry; iron&steel industry and cement industry over a 12 year period. Model is designed so that critical decisions such as growth and efficiency investments are based upon profit and extra costs incurred due to CO2 emissions. The profit margin, CO2 cost over revenue and Energy Cost Share in Total Annual Production are important key variables in the model.