Taiwan CSC's Steel Billet Carbon Emission Now Lower than CBAM Default Value
Taiwan CSC has been implementing carbon reduction, greenenergy and energy resource recycling and seeing visible results.The default value of carbon emissions per ton of steel billetsunder CBAM in the pilot phase is 2.21 tons. Taiwan CSC's valueis only 1.86 tons, 15% lower than the default value.
Between 2011 and 2020, Taiwan CSC completed a total of 1,182 carbon reduction projects, with a cumulative annual carbon reduction of 1.45 million tons, accounting for approximately 6.5% of Taiwan CSC's total annual carbon emissions, which translates to an average annual carbon reduction of 0.65%. Between 2021 and 2023, another 682carbon reduction projects were completed, including improving heat recovery in the manufacturing process, improving energy efficiency, replacing old equipment, introducing AI technology, and reducing energy consumption. This amounts to an annual carbon reduction of 1.27 million tons, with an annual reduction rate of 1.93%, 2.9 times the past average.
From: https://www.fastener-world.com/en/article/8961.html