scholarly journals Effect of Green Construction on a Building’s Carbon Emission and Its Price at Materialization

2021 ◽  
Vol 13 (2) ◽  
pp. 642
Author(s):  
Shuangxi Zhou ◽  
Zhenzhen Guo ◽  
Yang Ding ◽  
Jingliang Dong ◽  
Jianming Le ◽  
...  
Keyword(s):  
Greenhouse Gases ◽  
Emission Reduction ◽  
Carbon Emission ◽  
High Efficiency ◽  
Carbon Price ◽  
Carbon Trading ◽  
Construction Companies ◽  
Green Construction ◽  
The World ◽  
Total Price

Buildings consume many resources and generate greenhouse gases during construction. One of the main sources of greenhouse gases is carbon emission associated with buildings. This research is based on the computing rule of carbon emission at the materialization stage. By taking the features of green construction into consideration, quantitative analysis on construction carbon emission was undertaken via Life Cycle Assessment (LCA). Making use of Vensim (a system dynamics software package), we analyzed the amount of carbon emission at the materialization stage and determined the major subsystems affecting the carbon emission, then took into comprehensive consideration the differences of each subsystem’s carbon emission under different construction technologies. Under the mechanism of carbon trade at the materialization stage, the total price of carbon trades remains unchanged, while the trading price of each subsystem is adjusted. Under these conditions, a coefficient for step-wise increases in carbon price was proposed. By establishing such a system of gradient prices, construction companies are encouraged to adopt high-efficiency emission reduction technologies. Meanwhile, the system also provides a reference for the formulation of price-based policies about buildings’ carbon trading, and accelerates the process of energy conservation and emission reduction in China and the world at large.

scholarly journals The Impact and Influencing Path of the Pilot Carbon Emission Trading market——Evidence From China

2021 ◽  
Vol 9 ◽  
Author(s):  
Wangzi Xu
Keyword(s):  
Carbon Emissions ◽  
Emission Reduction ◽  
Carbon Emission ◽  
Emission Trading ◽  
Carbon Market ◽  
Carbon Trading ◽  
Carbon Emission Reduction ◽  
The World ◽  
Carbon Emission Trading ◽  
The Impact

As the country with the largest CO2 emissions in the world, the Chinese government has put forward clear goals of hitting peak carbon emissions by 2030 and carbon neutralization by 2060. Thus, China started piloting carbon emission trading in 2013, and in July 2021 China opened national carbon trading, which is the largest carbon market in the world (China Launches World, 2021). Therefore, it is very important for China to study the role and mechanism of carbon trading at present. Based on the quasi-natural experiment of China’s carbon market pilot, this paper uses panel data of 30 provinces in mainland China from 2008 to 2019 to conduct an empirical study on carbon emission reduction and the economic effects in China’s pilot provinces through a Time-varying Differences-in-Differences method model. The results show that the implementation of a carbon trading policy can significantly inhibit carbon emissions and promote economic growth. At the same time, this paper further analyzes the emission reduction mechanism of the carbon emissions trading policy through the intermediary effect test and finds that the policy mainly realizes carbon emission reduction by changing the energy consumption structure, promoting low-carbon innovation, and upgrading the industrial structure. In addition, innovative research has found the impact of a carbon price signal and marketization on the emission reduction effect of the carbon market. Finally, targeted suggestions are put forward.

scholarly journals Operational Lifecycle Carbon Value of Bus Electrification in Macau

2020 ◽  
Vol 12 (9) ◽  
pp. 3784
Author(s):  
Xinkuo Xu ◽  
Liyan Han
Keyword(s):  
Emission Reduction ◽  
Carbon Emission ◽  
Fossil Fuel ◽  
Economic Value ◽  
Carbon Price ◽  
Emission Coefficient ◽  
Carbon Emission Reduction ◽  
Academic Fields ◽  
Fossil Fuel Consumption ◽  
New Perspective

The economic value of carbon emission reduction in the electrification of buses is of concern in practical and academic fields. The aim of this paper, which focuses on direct and indirect carbon emissions, is to study the economic value of the carbon emission reduction of bus electrification in an operational lifecycle carbon footprint, with the empirical data sourced from the bus electrification in Macau. First, it proposes the methodology to evaluate the operational lifecycle carbon value of bus electrification (OLCVBE). Second, it analyses the distinct impacts of internal determinants on OLCVBE. Third, it discusses the determinants’ characteristics for OLCVBE. The results indicate that (1) OLCVBE may be a carbon debt, but it is not a carbon asset in some situations; (2) OLCVBE is determined by the carbon emission coefficients of both electric power and fossil fuel, buses’ electric or fossil fuel consumption levels, buses’ terminations, carbon price and discounted rate; and (3) as a comparison, electric power’s embedded carbon emission coefficient has the biggest impact on OLCVBE, then carbon price and the electric consumption have the second or third biggest impacts, and the annual driving distance of buses has relative less impact. This paper provides a new perspective to study the economic and environmental effects of bus electrification.

scholarly journals Low-Carbon Economic Bi-Level Optimal Dispatching of an Integrated Power and Natural Gas Energy System Considering Carbon Trading

2021 ◽  
Vol 11 (15) ◽  
pp. 6968
Author(s):  
Hong Li ◽  
Yazhong Ye ◽  
Lanxin Lin
Keyword(s):  
Natural Gas ◽  
Power System ◽  
Wind Power ◽  
Emission Reduction ◽  
Carbon Emission ◽  
Energy System ◽  
Mixed Integer ◽  
Carbon Trading ◽  
Carbon Emission Reduction ◽  
Gas System

The integrated power and natural gas energy system (IPGES) is of great significance to promote the coordination and complementarity of multi-energy flow, and it is an important carrier to increase the proportion of wind power accommodation and achieve the goal of carbon emission reduction. In this paper, firstly, the reward and punishment ladder-type carbon trading model is constructed, and the impact of the carbon trading mechanisms on the carbon emission sources in the power system is comparatively analyzed. Secondly, in order to achieve a reasonable allocation of carbon resources in IPGES, a bi-level optimization model is established while taking into account the economics of dispatching and the requirements of carbon emission reduction. Among them, the outer layer is the optimal carbon price solution model considering carbon trading; in the inner layer, considering the power system constraints, natural gas system constraints, and coupling element operation constraints, a stochastic optimal dispatching model of IPGES based on scenario analysis is established. Scenario generation and reduction methods are used to deal with the uncertainty of wind power, and the inner model is processed as a mixed integer linear programming problem. In the MATLAB environment, program the dichotomy and call the Gurobi optimization solver to complete the interactive solution of the inner and outer models. Finally, case studies that use an integrated IEEE 39-bus power system and Belgian 20-node gas system demonstrate the effectiveness and scalability of the proposed model and optimization method.

scholarly journals Carbon Emission Reduction Strategy for Energy Users in China

2020 ◽  
Vol 12 (16) ◽  
pp. 6498 ◽  
Author(s):  
Fuquan Zhao ◽  
Feiqi Liu ◽  
Han Hao ◽  
Zongwei Liu
Keyword(s):  
Renewable Energy ◽  
Carbon Emissions ◽  
Emission Reduction ◽  
Carbon Emission ◽  
Current Status ◽  
Chinese Government ◽  
Carbon Trading ◽  
Levelized Cost Of Electricity ◽  
Carbon Emission Reduction ◽  
The Cost

The Chinese government has made a commitment to control carbon emissions, and the deployment of renewable energy power generation is considered as an effective solution. In recent years, great effort has been exerted to support the development of renewable energy in China. While, due to fiscal pressures and changes in management policies, related subsidies are diminishing now and energy users are asked to pay for the cost. Regulations about carbon cap and renewable energy consumptions are issued to transfer the responsibility of consuming renewable energy and reducing carbon emissions to energy consumers. A national carbon trading system is set up in China and is under its growth stage. Therefore, this study lists the factors that should be considered by the energy users, analyzes the levelized cost of electricity generated by renewable energy in four cities in China, Beijing, Shanghai, Guangzhou, Wuhan, and compares the results with current carbon prices. Based on the research, under the current status, it is still more cost-efficient for enterprises to buy carbon credits than introduce renewable energies, and great differences among cities are shown due to different natural conditions. Besides, with diminishing subsidies and development of the carbon trading market, the carbon price will gradually reflect the actual value and carbon emission reduction costs will become an important part of enterprise expenditure. In the long term, enterprises should link more factors to carbon emissions, like social responsibility and brand image, instead of only the cost.

scholarly journals How to Allocate Carbon Emission Permits Among China’s Industrial Sectors Under the Constraint of Carbon Intensity?

2019 ◽  
Vol 11 (3) ◽  
pp. 914 ◽  
Author(s):  
Jianguo Zhou ◽  
Yushuo Li ◽  
Xuejing Huo ◽  
Xiaolei Xu
Keyword(s):  
Carbon Emissions ◽  
Emission Reduction ◽  
Carbon Emission ◽  
Abatement Cost ◽  
Carbon Intensity ◽  
Carbon Trading ◽  
Emission Permits ◽  
Carbon Abatement ◽  
Industrial Sectors ◽  
Ferrous Metals

With the official launch of China’s national unified carbon trading system (ETS) in 2017, it has played an increasingly important role in controlling the growth of carbon dioxide emissions. One of the core issues in carbon trading is the allocation of initial carbon emissions permits. Since the industry emits the largest amount of carbon dioxide in China, a study on the allocation of carbon emission permits among China’s industrial sectors is necessary to promote industry carbon abatement efficiency. In this study, industrial carbon emissions permits are allocated to 37 sub-sectors of China to reach the emission reduction target of 2030 considering the carbon marginal abatement cost, carbon abatement responsibility, carbon abatement potential, and carbon abatement capacity. A hybrid approach that integrates data envelop analysis (DEA), the analytic hierarchy process (AHP), and principal component analysis (PCA) is proposed to allocate carbon emission permits. The results of this study are as follows: First, under the constraint of carbon intensity, the carbon emission permits of the total industry in 2030 will be 8792 Mt with an average growth rate of 3.27%, which is 1.57 times higher than that in 2016. Second, the results of the carbon marginal abatement costs show that light industrial sectors and high-tech industrial sectors have a higher abatement cost, while energy-intensive heavy chemical industries have a lower abatement cost. Third, based on the allocation results, there are six industrial sub-sectors that have obtained major carbon emission permits, including the smelting and pressing of ferrous metals (S24), manufacturing of raw chemical materials and chemical products (S18), manufacturing of non-metallic mineral products (S23), smelting and pressing of non-ferrous metals (S25), production and supply of electric power and heat power (S35), and the processing of petroleum, coking, and processing of nuclear fuel (S19), accounting for 69.23% of the total carbon emissions permits. Furthermore, the study also classifies 37 industrial sectors to explore the emission reduction paths, and proposes corresponding policy recommendations for different categories.

scholarly journals Investment Decisions of Fired Power Plants on Carbon Utilization under the Imperfect Carbon Emission Trading Schemes in China

Processes ◽  
2019 ◽  
Vol 7 (11) ◽  
pp. 828 ◽  
Author(s):  
Weiwei Zhang ◽  
Linlin Liu
Keyword(s):  
Emission Reduction ◽  
Carbon Emission ◽  
Path Dependence ◽  
Emission Trading ◽  
Investment Decisions ◽  
Chinese Government ◽  
Carbon Trading ◽  
Carbon Utilization ◽  
Carbon Emission Trading ◽  
And Storage

Carbon capture, utilization, and storage (CCUS) is one of the most effective technologies to reduce CO2 emissions and has attracted wide attention all over the world. This paper proposes a real option model to analyze the investment decisions of a coal-fired power plant on CCUS technologies under imperfect carbon emission trading schemes in China. Considering multiple uncertainties, which include carbon trading price volatility, carbon utilization revenue fluctuation, and changes in carbon transport and storage cost, the least squares Monte Carlo simulation method is used to solve the problems of path dependence. The research results show that the independent effects of carbon trading mechanisms on investment stimulation and emission reduction are limited. The utilization ratio of captured CO2 has significant impacts on the net present value and investment value of the CCUS project. Moreover, the investment threshold is highly sensitive to the utilization proportion of food grade CO2 with high purity. It is suggested that the Chinese government should take diverse measures simultaneously, including increasing grants for research and development of carbon utilization technologies, introducing policies to motivate investments in CCUS projects, and also improving the carbon emission trading scheme, to ensure the achievement of the carbon emission reduction target in China.

Using Carbons Emissions Management Solutions in Practice

2011 ◽  
pp. 459-469
Author(s):  
Vu Long Tran
Keyword(s):  
Information Technology ◽  
Comparative Analysis ◽  
Carbon Emissions ◽  
Carbon Emission ◽  
Carbon Trading ◽  
Major Contributor ◽  
Sustainable Practices ◽  
Large Power ◽  
The World ◽  
Efficiency And Effectiveness

Carbon emissions and their impact on the overall climate are increasingly becoming a major issue and topic of discussion for individuals, organisations and Governments all over the world. Attempts are underway to bring about sustainable practices at all these levels. Information Technology (IT) can be viewed as major contributor of carbon emissions due to the large power requirements for running IT. While may be the case, IT can also be a means to facilitate the mitigation and reduction of carbon emissions by enabling organisations. These IT tools typically come in the form of Carbon Emission Management solutions (CEMS), custom-built spreadsheets, along with other customised varieties. Each can be implemented to support and address some of these challenges although they each pose challenges of their own. They are available that facilitate improved positioning and visibility for the organisations and to provide desired functionality, including:*Record, measure, monitor and forecast carbon emissions within the organisation, *Report and comply with the growing number of legislative requirements, *Participate in carbon trading more efficiency and effectively. These CEMS tools can allow organisations to have greater awareness and be able to increase the efficiency and effectiveness of their current processes and procedures and meet carbon emission challenges. This chapter discusses the practical aspects of the use of such CEMS tools. This chapter first outlines the three categories of CEMS tools, followed by a comparative analysis of the various advantages and limitations of each of these tools. Finally, this chapter outlines the ways in which the CEMS software can be used in organisations. Challenges related to configuring and implementing the software is discussed from a practical viewpoint.

scholarly journals Economic Emission Dispatch for Wind Power Integrated System with Carbon Trading Mechanism

Energies ◽  
2021 ◽  
Vol 14 (7) ◽  
pp. 1870
Author(s):  
Jingliang Jin ◽  
Qinglan Wen ◽  
Xianyue Zhang ◽  
Siqi Cheng ◽  
Xiaojun Guo
Keyword(s):  
Power Generation ◽  
Wind Power ◽  
Emission Reduction ◽  
Carbon Emission ◽  
Carbon Trading ◽  
Low Carbon ◽  
Generation Efficiency ◽  
Emission Dispatch ◽  
Fuel Costs ◽  
Economic Emission Dispatch

Nowadays, the power system is faced with some new changes from low-carbon approaches, though these approaches have proved to be effective in developing low-carbon electricity. Specifically, wind power integration and carbon trading influence the traditional economic emission dispatch (EED) mode, allowing for the disturbance of wind power uncertainties and the fluctuation of carbon trading price. Aiming at the above problems, this study firstly builds a stochastic EED model in the form of chance-constrained programming associated with wind power reliability. Next, wind power features are deduced from the statistic characteristics of wind speed, and thus the established model is converted to a deterministic form. After that, an auxiliary decision-making method based on the technique for order preference by similarity to an ideal solution (TOPSIS) is designed to draw the optimal solution based upon the specific requirements of carbon emission control. The simulation results eventually indicate that the minimization of fuel costs and carbon emissions comes at the expense of wind power reliability. Meanwhile, carbon emission reduction can be effectively realized by carbon trading rather than a substantial increase in fuel costs, and carbon trading may help to improve power generation efficiency. Furthermore, carbon trading prices could be determined by the demands of carbon emission reduction and power generation efficiency improvement.

scholarly journals CARBON TRADING AND CARBON CREDITS HELP IN CLIMATE CHANGE PROBLEM SOLVING

2015 ◽  
Vol 3 (9SE) ◽  
pp. 1-2
Author(s):  
Diwakar Singh Tomar
Keyword(s):  
Climate Change ◽  
Carbon Dioxide ◽  
Nitrous Oxide ◽  
Problem Solving ◽  
Carbon Emission ◽  
Environmental Problem ◽  
Carbon Trading ◽  
The World ◽  
Per Capita ◽  
Change Problem

Climate change remains the most burning environmental problem at the present time. Green houses are the most responsible for climate change. Green house gases include gases such as carbon dioxide, methane, nitrous oxide, ozone. Carbon dioxide is the most dangerous in this. The more developed the country, the greater its participation in carbon emissions.According to a report by the World Resource Institute, India, despite being the fourth largest carbon emitting nation in the world, is far behind the top three carbon emission nations in per capita carbon emissions.Top 05 nations producing greenhouse gas emissions वर्तमान समय में जलवायु परिवर्तन सबसे ज्वलंत पर्यावरणीय समस्या बनी हुई है। जलवायु परिवर्तन के लिए सबसे अधिक जिम्मेदार ग्रीन हाऊस गैसें है। ग्रीन हाऊस गैसों के अन्तर्गत कार्बनडाई आक्साइड, मिथेन, नाइट्रस आक्साइड, ओजोन जैसी गैसें आती हैं। इसमें कार्बनडाईआक्साइड सबसे खतरनाक है। जो देष जितना ज्यादा विकसित है कार्बन उत्सर्जन में उसकी भागीदारी उतनी ही ज्यादा है।वल्र्ड रिसोर्सेृज इंस्टीट्यूट की एक रिपोर्ट के अनुसार भारत विष्व में चैथा सबसे बड़ा कार्बन उत्सर्जक राष्ट्र होने के बाबजूद प्रतिव्यक्ति कार्बन उत्सर्जन में भारत ष्षीर्ष तीन कार्बन उत्सर्जन राष्ट्रों से काफी पीछे है।ग्रीन हाऊस गैस उत्सर्जन करने वाली शीर्ष 05 राष्ट्र

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