In December 2015, the Chinese government issued its second "red alert" warning as smog levels reached increasingly dangerous levels. Indeed, some areas of Shenyang reached particulate levels 56 times the threshold considered safe by the World Health Organization. In the same month, world leaders met in Paris to discuss climate change, ultimately settling on an agreement-in-principle to lower greenhouse gas emissions. The agreement calls on countries to reduce their output of carbon "as soon as possible," with each country tasked to publish and maintain carbon targets. It appears to many observers that the global community is marching (with greater urgency?) toward getting serious about carbon management. This article will touch on how efforts to reduce energy consumption might impact GHG emissions in the global pulp and paper industry by region, and how analysts, with the right data and tools, can evaluate the possible disruption caused by regulation.
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