scholarly journals Compensation of CO2 Emissions from Petrol Stations with Photovoltaic Parks: Cost-Benefit and Risk Analysis

2017 ◽  
Vol 20 (4) ◽  
pp. 85-90
Author(s):  
Ivan Beloev ◽  
Katerina Gabrovska-Evstatieva ◽  
Boris Evstatiev

AbstractThis paper presents a new approach for reducing the CO2emissions in the transport sector based on emission compensation. A cost-benefit analysis method of investments in photovoltaic parks at petrol stations is used, which accounts for all the initial investments and maintenance costs in terms of expenses. The benefits are divided into financial and ecological. The method has been implemented in the specialised cost-benefit analysis tool, and an analysis has been performed for the city of Ruse, Bulgaria. Risk analysis on the influence of the main risk factors - the price of conventional energy and the buying price of energy from renewable energy sources is also performed. The results showed that investments in photovoltaic parks at petrol stations could pay off within 6 to 9 years in the more likely scenarios. The investment could reduce the CO2emissions, related to the petrol station, by 10% to 37% depending on the scenario and the criterion used.

2004 ◽  
Vol 61 (7) ◽  
pp. 1269-1284 ◽  
Author(s):  
RIC Chris Francis ◽  
Steven E Campana

In 1985, Boehlert (Fish. Bull. 83: 103–117) suggested that fish age could be estimated from otolith measurements. Since that time, a number of inferential techniques have been proposed and tested in a range of species. A review of these techniques shows that all are subject to at least one of four types of bias. In addition, they all focus on assigning ages to individual fish, whereas the estimation of population parameters (particularly proportions at age) is usually the goal. We propose a new flexible method of inference based on mixture analysis, which avoids these biases and makes better use of the data. We argue that the most appropriate technique for evaluating the performance of these methods is a cost–benefit analysis that compares the cost of the estimated ages with that of the traditional annulus count method. A simulation experiment is used to illustrate both the new method and the cost–benefit analysis.


2019 ◽  
Vol 32 ◽  
pp. 385-389 ◽  
Author(s):  
Pavel Atănăsoae ◽  
Radu Dumitru Pentiuc ◽  
Dan Laurențiu Milici ◽  
Elena Daniela Olariu ◽  
Mihaela Poienar

2003 ◽  
Vol 1839 (1) ◽  
pp. 107-114 ◽  
Author(s):  
Wolfgang Schade ◽  
Werner Rothengatter

In the history of cost-benefit analysis (CBA), macroeconomic and micro-economic foundations have been developed. The latter has dominated in transport CBA during the last decades. The most widely used CBA approach can be characterized as comparative static and based on separate partial modeling. However, when it comes to significant indirect effects in the economic, social, and environmental systems connected with the transport system, alternative approaches to the microeconomic approach become inevitable. A system dynamics platform was developed that allows for a dynamic CBA integrating the most important indirect effect of transport policies. The approach was tested with large infrastructure programs and transport policy packages. Results of the dynamic approach reveal that the choice of the most favorable policy can change over time and depend on the time horizon defined for the analysis. In particular the dynamic approach allows for a clear allocation of costs and benefits to periods of time, which might be valuable information for policy acceptance and implementation. This research is integrated within a stream of European Commission projects on integrated and dynamic assessment, starting with the Assessment of Transport Strategies project (ASTRA) and extended by the projects Transport Infrastructure and Policy: A Macroeconomic Analysis for the European Union (TIPMAC) and Integrated Appraisal of Spatial Economic and Network Effects of Transport Investments and Policies (IASON). IASON focuses on analysis of indirect, second-round, or induced benefits and costs that occur through feedback effects between the transport sector and other economic sectors.


2017 ◽  
Vol 5 (2) ◽  
pp. 28-40
Author(s):  
Björn Sund

Economic evaluation of policies regarding out-of-hospital cardiac arrest (OHCA) is important. The value of a statistical life (VSL) for OHCA victims is the most important component in a cost-benefit analysis of interventions that have the possibility to reduce mortality from this cause. This value is not known. We use responses to a national Swedish mail survey, based on the stated-preference technique to directly elicit individuals’ hypothetical willingness to pay for a reduced risk of dying from OHCA. A lower-bound estimate of VSL for OHCA would be in range of SEK 30 to 50 million. The value is found to be higher than for comparable VSL estimates from the transport sector, even though individuals who suffer OHCAs are generally older and less healthy than people who die in road traffic accidents. The results indicate that it is not an overestimation to use the ‘baseline’ VSL value from the transport sector (SEK 24 million) in cost-benefit analysis of OHCA policy decisions and that the cause of death is important when examining willingness to pay for death risk reductions. We do not support a general declining VSL due to the age of the victims, i.e. a ‘senior death discount’, for this cause of death.Published: Online January 2017. In print December 2017.


2011 ◽  
Vol 35 (5) ◽  
pp. 629-651 ◽  
Author(s):  
Paul Ekins

This paper reflects on the extensive literature on environmental sustainability that has been produced over the last two decades, and proposes a new approach for environmental policy that goes beyond the cost-benefit analysis that has proved so difficult to implement for non-marginal environmental issues. This approach combines the Safe Minimum Standard approach, which was proposed many years ago, with the concepts of environmental functions and ecosystem goods and services, which have been developed much more recently. It is shown that this approach provides the basis for a robust calculation of sustainability across different environmental themes, following which a ‘sustainability gap’, showing the extent to which this standard is not being met, may be computed. This gap may be expressed in both physical and monetary terms, which permits the formulation of sustainability performance in a scientifically robust, easily communicable indicator that may be compared with GDP. While there appear to be no insurmountable scientific or practical obstacles to the full operationalization of this approach, it remains to be seen whether human societies are sufficiently concerned about the implications of continuing environmental unsustainability to make the resources available for such operationalization, and to enact the policies to allow the sustainability standards to be met.


2008 ◽  
Vol 8 (2) ◽  
pp. 259-292 ◽  
Author(s):  
Jacques E. C. Hymans

This article develops a novel assessment of the nuclear program of the Democratic People's Republic of Korea. Using a theory-driven approach rooted in comparative foreign policy analysis, the article undermines two common assumptions about the DPRK nuclear threat: first, that the North Korean leadership's nuclear intentions are a measured response to the external environment and, second, that the DPRK has developed enough technical capacity to go nuclear whenever it pleases. In place of these assumptions, the article puts forth the general theoretical hypotheses that (1) the decision to go nuclear is rarely if ever based on typical cost-benefit analysis, and instead reflects deep-seated national identity conceptions, and (2) the capacity to go nuclear depends not only on raw levels of industrialization and nuclear technology, but also on the state's organizational acumen. Applied to the case of the DPRK, these hypotheses suggest that it has long been strongly committed to the goal of acquiring an operational nuclear deterrent, but also that it has been finding it very difficult to successfully implement that wish. The article also demonstrates that these hypotheses are supported by the meager evidence available on this case.


2014 ◽  
Vol 1073-1076 ◽  
pp. 1362-1367
Author(s):  
Benedetto Manganelli

In the present work the economic feasibility of a project of public infrastructure, the expansion of the subway of the city Potenza, is estimated. The assessment has been developed through the application of the Cost-Benefit Analysis. As is known the advantage of this technique is the ability to express in monetary terms the externalities (positive and negative) generated by the project. In this case, the external cost savings related to the improvement of the mobility in the city have been internalized. The research has shown that the valuation of the externalities can be an effective way to manage the planning of new public transport infrastructure.


2014 ◽  
Vol 906 ◽  
pp. 148-152 ◽  
Author(s):  
N. Hanina ◽  
M. Asadullah

Fossil fuel burning for energy production creates two major issues: the global warming effect and the weak energy security. These problems can be minimized by utilizing renewable energy sources such as biomass. In order to assess the potential contribution of these technologies to the future energy security and sustainable development, a thorough evaluation of gasification technology towards economic aspects is required. This study aims to determine whether the syngas production from EFB gasification for electricity generation is viable in terms of cost-benefit analysis by evaluating the economic aspects of these technologies.


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