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Advancing the domestic industrial production towards a sustainable, resource-preserving direction can become an important pillarto support competitiveness in the European Union, as well as in Hungary. Reaching the de-carbonization goals for industrial production vialowering the production volume may result in less desirable macro-economic effects, so decisions which concern the industry require a lot ofattention from the climate policy as well. In the case of the cement sector, economic actors have to be motivated to make energy-efficiencyinvestments and technology developments, which also show promise in terms of business efficiency. In the more natural-resource-intensivebranches of the industry, both innovations and technological developments will be required to reduce the amount of used non-renewable energyresources, keep it in the industrial cycle, and reduce environmental load. The importance of greener cement will be essential in the nearfuture to reduce the sector’s CO2 emission levels. We need to identify more sector branches which relate to sustainability, which can aid thecountry in establishing long-term competitiveness that points towards the de-carbonization goals. The cost-efficiency aspects of this developmentprocess are the most tedious questions in today’s business planning.

Keywords: emission trading ; EU climate policy ; cement sector ; benchmarking ; EU ETS ; industrial climate change effects ; green cement

Subject(s): Agribusiness

Environmental Economics and Policy

Industrial Organization

Institutional and Behavioral Economics

Issue Date: 2015-12

Publication Type: Journal Article

DOI and Other Identifiers: ISSN 1789-7874 (Other)

DOI: 10.19041/APSTRACT/2015/4/9 (Other)

PURL Identifier: Published in: APSTRACT: Applied Studies in Agribusiness and Commerce, Volume 09, Number 4 Page range: 65-74

Total Pages: 10

JEL Codes: Q55

Series Statement: 9


Record appears in: International MBA Network in Agribusiness and Commerce (AGRIMBA) > APSTRACT: Applied Studies in Agribusiness and Commerce

Autor: Borocz, Maria ; Horvath, Balint ; Herczeg, Boglarka ; Kovacs, Attila


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