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MARCH 2009 - Volume: 84 - Pages: 119-127
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ABSTRACT The European Emissions Trading Scheme (EETS) is regulated by the Kyoto Protocol and involves some changes in the corporate management of the industrial companies affected by Directive 2003/87/EC. The EETS is forcing to change the industrial strategic and operational approaches. In this paper we analyze the companies’ available alternative to plan their production. The CO2 emissions are no longer regarded as a waste into another input in the production process. A linear programming model is used to compute a production programme to maximize corporate profits. Therefore, the model gets us important information on possible actions by the company in relation to the purchase or sale of emission allowances in the emissions market CO2. This study compares the actual emissions from the production process, with the allowed emissions, determines the theoretical maximum value to pay for an emissions permit in addition and shows processes or products that are no longer competitive because of the limited CO2 emissions. In this way the Kyoto Protocol is an opportunity to modernize the production system into a model of sustainable production and consumption. The proposed model have been applied to the cement industry. Keywords: Kyoto Protocol, Emissions Trading Market, CO2emissions, Production Planning, Linear Programming.
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