ENVIRONMENTAL IMPACT ASSESSMENT THROUGH GREENHOUSE GAS ACCOUNTING OF ELECTRICITY CONSUMED BY THE ALUMINUM PLANT PODGORICA (KAP) FOR THE PERIOD 2003-2016

Keywords:
greenhouse gas, accounting, environment, Aluminum plant, energy

Abstract:
Over the last half century, the Aluminum Plant Podgorica has been the largest energy consumer in Montenegro. That is mainly because the entire process of transforming raw bauxite into aluminum isincredibly energy intensive, requiring copious amounts of electricity, water and resources. Since pure aluminum ore is so stable, an extraordinary amount of electricity is required to yield the final product, and usually more than half of the smelting energy consumed isthe courtesy of coal, being one of the most notoriously polluting fuel sources known to mankind. Such environmental impact of the plant is huge, making its mere existence questionable from both the financial and environmental point of view.

CITATION:

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S. Lika, “Environmental Impact Assessment Through Greenhouse Gas Accounting of Electricity Consumed by The Aluminum Plant Podgorica (KAP) for the Period 2003-2016,” in FINIZ 2016 - Risks in Contemporary Business, Belgrade, Singidunum University, Serbia, 2016, pp. 117-122. doi: 10.15308/finiz-2016-117-122 

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Lika, S. (2016). Environmental Impact Assessment Through Greenhouse Gas Accounting of Electricity Consumed by The Aluminum Plant Podgorica (KAP) for the Period 2003-2016. Paper presented at FINIZ 2016 - Risks in Contemporary Business. doi:10.15308/finiz-2016-117-122

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