Latin America's biggest carbon market in the making.
SBCE national ETS signed into law 2024 — regulated phase ramping up this decade (World Bank State & Trends of Carbon Pricing 2025 / ICAP 2025).
At the EU ETS price of €80.01/t, this CO2 corresponds to an indicative carbon value of:
| Facility | Sector | t CO2/yr (est. 2023) | Gross value (full) |
|---|---|---|---|
| ArcelorMittal Tubarão steel plant | 11,135,928 | €839.2M | |
| Ternium Brasil Santa Cruz steel plant | 8,118,406 | €611.8M | |
| CSN Volta Redonda steel plant | 7,646,497 | €576.2M | |
| Usiminas Ipatinga steel plant | 7,498,648 | €565.1M | |
| São Luís Municipality | 6,865,403 | €517.4M |
Gross value = all tracked CO2 × the carbon price; it is a ranking aid, not a liability. Emissions: Climate TRACE satellite estimates (2023) — indicative, not verified declarations. CBAM falls only on emissions embedded in EU-bound exports, at the phased-in share (2.5% in 2026 → 100% by 2034). More: IndustryAtlas.
Cut the bill at the source: heat-loss elimination via removable insulation typically saves 2–5% of fuel-related CO2 with <2-year payback — run the savings study or read the industrial insulation guide.
