The CO{sub 2} scheme for industry: The energy audit

Conference · Thu Jul 01 04:00:00 EDT 1999

OSTI ID:20001861

Josefsen, F

In 1990, the Danish parliament formulated a national CO{sub 2} objective, saying that CO{sub 2} emissions should be reduced by 20% in the year 2005 compared to the level in 1988. Since 1977, taxes on energy have been used for household, and in 1993 taxes were introduced to industry and amended in 1995 as a part the restructuring of the Danish CO{sub 2} tax system. The legislation that came into force in 1996 introduced different CO{sub 2} tax rates in the industry for heavy and light processes and space heating. The tax rates are gradually increased from 1996 to 2000. All the revenue raised by the tax will be recycled to the industries through investment grants and gradual reduction in industry labor market contributions. The program aims at more efficient use of energy and encouragers conversion to more energy-efficient technologies and production methods. A number of energy-intensive industries get a subsidy if they agree to implement energy efficiency measures under agreements with Danish Energy Agency (DEA). Agreements are signed for a period of three years. The energy audit in agreement-industries must cover all energy used in the industry. All identified energy-saving projects with payback time {lt}4 years must be implemented. Grants up to 30% of the investment may be made for projects with a payback period between 3 and 9 years. In this paper the energy audit will be described and the achieved results will be discussed.

• Research Organization: Danish Energy Agency (DK)
• OSTI ID: 20001861
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
AGREEMENTS
DENMARK
ENERGY AUDITS
ENERGY EFFICIENCY
ENERGY POLICY
ENVIRONMENTAL POLICY
FINANCING
INDUSTRY
TAXES