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Abstract
International carbon credit markets are based in differences between developing and developed countries greenhouse gases emissions mitigation costs and technological limits faced by developed countries. Potential of energy efficiency measures to reduce fossil fuel usage in Brazilian industrial segments is assessed, and analysis of such potentials singles out those segments and regions more apt to generate carbon credits through Clean Development Mechanism (CDM) projects. Though there are currently few Brazilian CDM projects, their number may be significantly increased, which is a positive outcome. For this purpose, it is crucial that energy conservation programs estimate how CDM may improve their economic competitiveness.
Notes
1Annex 1 countries are the developed countries of the Organization for Economic Cooperation and Development and the former Soviet Union countries generally referred to as transition economies (TE).
2 Electric Power Purchasing Chamber (CCEE)
3 Decennial Energy Plan 2008–2017, submitted to public consultation on December 2008 by the Ministry of Mines and Energy (MME 2008)
4 “Ministry of Mines and Energy,” published at the Folha de São Paulo newspaper on January 7, 2009.
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