Economic Evaluation of Carbon Dioxide Emission Abatement Measures in the Greek Energy Sector

This paper outlines a methodological framework for the economic evaluation of carbon dioxide (CO 2 ) emission abatement policies and measures, formulating a basis for the selection of those options of climate change mitigation interventions that minimize economic cost and maximize social welfare. To this purpose, a cost-benefit analysis has been implemented in order to evaluate a variety of CO 2 emission abatement measures in the Greek energy sector on the basis of their social (i.e. the sum of the private and external) costs and benefits, and it is compared with a cost-effectiveness analysis, which takes into account only the net financial costs of the examined interventions. The analysis clearly reveals that a significant decrease in CO 2 emissions is possible without great cost to the economy. Moreover, the monetization of environmental benefits (e.g. the restriction of impacts on human health, agriculture and biodiversity, etc.) associated with the above-mentioned interventions represents a powerful tool for highlighting priority actions in the context of a climate change mitigation policy and for quantifying their overall economic and environmental effectiveness.     

Tapping the leakages: Methane losses, mitigation options and policy issues for Russian long distance gas transmission pipelines

The Russian natural gas industry is the world's largest producer and transporter of natural gas. This paper aims to characterize the methane emissions from Russian natural gas transmission operations, to explain projects to reduce these emissions, and to characterize the role of emissions reduction within the context of current GHG policy. It draws on the most recent independent measurements at all parts of the Russian long distance transport system made by the Wuppertal Institute in 2003 and combines these results with the findings from the US Natural Gas STAR Program on GHG mitigation options and economics.With this background the paper concludes that the methane emissions from the Russian natural gas long distance network are approximately 0.6% of the natural gas delivered. Mitigating these emissions can create new revenue streams for the operator in the form of reduced costs, increased gas throughput and sales, and earned carbon credits. Specific emissions sources that have cost-effective mitigation solutions are also opportunities for outside investment for the Joint Implementation Kyoto Protocol flexibility mechanism or other carbon markets.     

Mining economics and the environment

A mining operation can affect the environment adversely and create costs to others that are external to the mining firm, if no constraints are imposed. To deal with this problem of externalities, various regulatory steps can be taken, eg effluent taxation, subsidies, regulation of emissions by command, and use of emission permits that are tradeable. Bargaining between the polluter and the damaged party over the level of production and compensation remains a more theoretical option. Regardless of what regulatory approach is adopted to transform external costs into internal costs, the resulting higher costs will have an impact on the decisions of a mining firm. Information processes, traditionally focused on finding deposits, have now been broadened to include an environmental dimension. Operating practices can be modified to reflect the need for stable long-term solutions of waste disposal problems. On the industry level, environmental regulation may lead to sterilization of resources, to higher prices for some commodities and to distortions of competitiveness among commodity producing countries.     

Damage costs of nitrogen fertilizer in Europe and their internalization

This paper estimates the environmental impacts and damage costs (‘external costs’) of synthetic nitrogen fertilizer and discusses options for reducing these impacts, including their consequences for farmers and for producers of fertilizer. The damage costs of the fertilizer life cycle that could be estimated are large, about 0.3 [euro]/kg_N (compared to the current market price of about 0.5 [euro]/kg_N); much of that is due to global warming by N₂O and CO₂ emissions during fertilizer production and N₂O emissions from fertilized fields. Policy options for internalizing these costs are discussed, and the consequences of reduced fertilizer input on crop yield are explored. If the damage costs were internalized by a pollution tax or tradable permits that are auctioned by the government, the economic consequences would be heavy, with a large revenue loss for farmers. However, if it is internalized by tradable permits that are given out free, the revenue loss for farmers is small. The loss for fertilizer producers increases linearly with the amount of external cost that is internalized, by contrast to the loss for farmers which increases quadratically but is very small for a damage cost of 0.3 [euro]/kg_N. Expressed as a change in the fertilizer-dependent part of the farmers' revenue (crop yield × crop price – fertilizer used× fertilizer price), the decrease is less than 0.5% for most crops; the losses are larger only for crops with low [euro]/ha revenue. Averaged over wheat, barley, potatoes, sugar beet and rapeseed, the loss to farmers is about 0.1% in the UK and 0.4% in Sweden. The revenue loss for fertilizer producers is larger, about 8% in the UK and 14% in Sweden.     

Climate targets and comprehensive greenhouse gas emissions trading

In June 1992 a Framework on Climate Change Convention was signed in Rio de Janeiro, calling for the control of greenhouse gases, notably in the industrialized countries. Its formulation allows for joint implementation of measures to reach emission targets for greenhouse gases. Such joint implementation covering all greenhouse gases could form the first step towards a system of comprehensive emissions trading. This paper addresses both advantages and disadvantages of comprehensive emissions trading across different gases, sinks and sources. It concludes that in addition to carbon dioxide from fossil fuels, the inclusion of biotic carbon emissions and selected sources of methane is attractive from both the economic and environmental viewpoint. The uncertainties associated with emissions can be overcome by requiring a thorough review of trade proposals by a broad-based international supervisory body, utilizing a consistent methodology such as that being developed by the Intergovernmental Panel on Climate Change (IPCC). Finally, the paper addresses the central objective of the Climate Convention, which implicity sets a limit to greenhouse gases emissions and thus provides a guideline for the total amount of permits that may be made available in a tradeable permit system.     

Air pollution control by economic incentives in the U.S.: Policy,problems, and progress

This paper deals with cost-effectiveness of the economic incentive policies of the bubble concept and offset credits relative to the policy of direct regulations of air emissions. The second section discusses single- and multi-plant bubbles, their adoption across regions and industries, the methods used to control emissions and the extent of savings in costs. We conclude that despite the delay resulting from duplication of review of state implementation plans by both the state and the Environmental Protection Agency, the required technological commands, the requirement to model air quality and the restrictions to permit bubbling only in the attainment areas, the policy is progressing successfully and should be encouraged by eliminating the restrictions. The third section analyzes the policy of emission offset credit, trading, and banking which can permit economic growth in nonattainment areas. It reviews the available literature, which deals only with aggregation of offsets across cities instead of individual offset trades. Progress by individual offset trades is analyzed in terms of the number of offsets, their acceptance across regions, the extent of reductions in emissions, and the classification of the offsets into internal and external trades. Comparison of estimated capital costs and prices of individual offsets with direct regulation costs reveals that the former are economical. We conclude that despite the problems of high tradeoff ratios, the short and uncertain life of the emission offset credits and the technological commands, the policy is progressing successfully and should be encouraged further by relaxing restrictions.This paper represents the author's personal views. Neither the Commission nor any member of its staff is in any way responsible for these views.     

Cultivating collaboration: Lessons from initiatives to understand and manage cumulative impacts in Australian resource regions

Australia has experienced rapid development within its resource regions, with traditional mining sectors like coal, iron-ore and natural gas expanding and new industries such as coal seam gas emerging. As a result, there is an increasing prevalence and awareness of the cumulative impacts of the extractive resource industries on the society, environment and economy of these regions. Collaborative governance is emerging as a means of addressing cumulative impacts. This article undertakes an analysis of 30 case studies of collaborative governance in the resources sector of Australia. The initiatives analysed range from those focussed on information exchange and coordination to higher degrees of collaboration that involve shared resources and shared risks. The study demonstrates that there are challenges in using collaborative approaches to tackle cumulative impacts, but that significant benefits can be realised. The study highlights the need to nurture and cultivate collaborative relationships in order to provide the foundation for long-term solutions.     

国内外石油公司甲烷排放差异性分析及启示

甲烷排放管控是国际石油公司推动低碳能源转型的一项重要举措,也是达成净零碳排放愿景的一个重要手段。研究发现,国内外石油公司的油气生产活动水平、甲烷排放控制水平、甲烷排放核算方法等3个方面均存在较大差异性。我国油井单井产量低,地面工程量大、工艺复杂,流程工艺中甲烷排放突出,油气系统甲烷排放水平较高,油气生产甲烷排放控制水平与国外石油公司相比尚有较大差距,与国外甲烷排放核算方法也存在较大差异性。着眼于甲烷排放管控,我国石油公司应充分衡量甲烷排放现状、生产活动水平、甲烷排放控制措施经济性和适用性等多重因素,严格控制潜在甲烷排放节点,并进一步做好甲烷排放检测、监测和数据统计工作,持续完善甲烷排放报告和核查体系。     

碳排放交易体系的政策灵活性:国际经验及启示

在《联合国气候变化框架公约》和《京都议定书》的背景下,越来越多的国家开始关注全球气候变暖的问题。考虑到碳排放交易体系比碳税更具有政治可行性,不少国家或地区开始实施碳排放交易体系,以最低的减排成本来达到温室气体减排目标。然而,采用碳排放交易体系,其排放总量是固定的,而减排成本是不确定的,可能会出现由于政策或外部冲击而产生的配额价格异常波动的现象。因此,为确保碳排放交易体系的成本有效性,政策灵活性十分重要。在理想情况下,碳排放市场具有完全的时间灵活性(包括长期的履约期、自由的配额储存与预借)和空间灵活性(即建立全球碳市场),这将对增强市场流动性、降低减排成本、缓解价格波动起到重要的作用。然而,由于政策设计需要考虑更多因素,实际上理想状态很难达到。本文将对国外碳排放交易体系的政策灵活性设计进行较为系统的分析和比较,尤其关注履约期的长短、配额的跨期使用、配额的抵消、区域碳市场连接等方面的具体政策设计,这对我国在7个省市进行碳排放交易试点以及今后建立全国性的碳排放交易体系有较强的借鉴意义。     

不完全竞争行业中的环境工具有效性研究:一个理论框架

各级政府贯彻落实绿色发展的理念,实现经济增长与环境保护的共赢,才能真正实现"绿水青山就是金山银山"。在经济"新常态"背景下,防治环境污染是个复杂而系统性的工程,需要进行经济追因与综合治理,其中,制定实施有效的环境政策工具尤为关键。本文把微观经济学中的双寡头产量竞争模型作为基准模型拓展用于环境经济分析,并把环境税、环境规制、排污权交易这三类主要环境工具对企业生产决策的影响纳入基准模型,旨在对比研究不完全竞争行业中环境工具的有效性问题。结果表明:主要基于市场机制的环境经济政策比行政色彩浓厚的环境规制更有效率。提高环境税率或排污权价格均能显著削减行业污染物排放量,如果环境税率恰好等于排污权价格,则环境税与排污权交易这两类环境工具的效力相等。这对进一步建立和完善我国尚处于探索或初始实施阶段的环境工具,促进石化、电力、钢铁等不完全竞争行业的主要污染物减排,具有一定参考价值和借鉴意义。     

基于碳排放抵扣的碳排放计量方法研究——以钢材生产为例

随着全球气候变暖趋势的不断加剧,碳排放已经成为国内外学者研究的重点,尤其是钢材生产的碳排放情况更是重中之重。针对国内钢材生产碳排放现状,本文提出了一种碳排放抵扣计量方法,该方法以钢材生产碳排放计量基本方法——质量守恒法和活动水平因子法为基础,着重分析了钢材生产过程的理论碳排放、实际碳排放、碳排放抵扣以及企业理论直接减排潜力。并以某钢材生产企业为实例,对该企业生产流程中碳排放进行抵扣分析,识别与企业直接减排潜力相关的物质及流程,增加副产品及二次能源利用度,最后对企业碳减排潜力的研究方向做出初步展望,提出碳减排潜力的有利发展方向。进一步证明该方法的实用性,为该方法在钢材生产企业碳排放权的实际应用提供了理论基础。     

Tradeable permits and the comprehensive approach to climate change

The need to constrain the rising concentration of greenhouse gases in the atmosphere has led to a growing interest in efficient ways of achieving it. Many analysts have argued for the advantages of tradeable emission permits. Others have pointed to the importance of addressing all sources and sinks of greenhouse gases. However, this 'comprehensive approach' at present appears incompatible with the use of tradeable permits, because few sources and sinks can be monitored with the accuracy required for such a system. It is not enough to make rough approximations, because inadequate monitoring and revision of approximations could disrupt the whole system. The best approach is to start by developing an efficient control system for the major sources which can be adequately monitored - primarily fossil-fuel CO₂ - and by ensuring that other sources and sinks may be introduced over time. This can be achieved by starting with a system of overlapping permits which focuses upon the major quantifiable sources (notably fossil CO₂), and introduces revisions as permits are retired and reissued.     

居民生活用电碳排放交易机制研究

个人排放交易被认为可以促进居民参与碳减排,但是因其减排收益难以覆盖高昂的建立和运行成本,降低了公众接受度。本文提出除了考虑碳减排的收益外,更需要关注个人排放交易机制的教育价值、形成正确的激励以及鼓励创新的价值,并提出可以基于当前国内多地实行的阶梯电价制度,利用电力系统现有的用户网络和账户系统,建立居民生活用电碳排放交易机制,以降低成本并实现上述价值。在此基础上,就居民生活用电碳排放交易机制的配额设定与分配、配额交易以及清缴问题做了细致的分析,并提出绿色电力作为补充电力可以免费获得碳配额以促进绿色消费。同时,比较分析了在居民生活用电交易机制和阶梯电价制度下,不同居民家庭以及电力公司的用电成本(收益),指出了其在形成正确的激励方面的作用。最后指出在条件成熟的情况下,居民生活用电碳排放交易机制可以扩展到居民的其他能源消费领域,以实现更为全面的个人排放交易。     

长三角城市居民家庭直接能耗碳排放空间特征及影响因素研究

目前关于碳排放的研究主要以国家和行政省(自治区、直辖市)为研究对象,围绕城市尺度家庭层面碳排放的研究相对匮乏,而家庭是社会最基本的组成单位,针对相关的碳排放特征及影响问题亟待解决.本文以2007—2016年长三角地区26个地级市数据为样本,测算城市居民家庭直接能耗碳排放量.利用K均值聚类法、空间相关性检验及空间面板建模等方法,考察城市居民家庭直接能耗碳排放量的空间演变分布特征及影响因素.结果表明:①城市居民家庭直接碳排放量高的城市位于长三角中部偏东的位置,排放量低的城市集中在西部位置,中部地区的碳排放量增长速度普遍快于其他地区.②长三角地区城市居民家庭直接能耗碳排放的空间关联程度呈"N"字形趋势,处于高高集聚状态的区域集中在以苏州市等为核心的偏中部地区,处于低低集聚状态的区域集中在西部边缘地区.③前后5年的回归结果对比表明:户均人口数由不显著的正向影响因素转变为重要的抑制因素;户均私家车与每户拥有的城市道路面积联合效应的正向影响作用越来越强烈.研究结论可为城市在动态制定碳减排政策时提供理论依据.     

The benefits and costs of reducing emissions from the electricity sector

Recent federal policy proposals to reduce emissions of sulfur dioxide (SO(2)), nitrogen oxides (NO(x)), and mercury from the US electricity sector promise important improvements in air quality and reductions in acid deposition. The cost of achieving these reductions depends on the form and stringency of the regulation. In this research, we analyze the economic benefits and costs of the US Environmental Protection Agency's (EPA's) Clean Air Interstate Rule (CAIR) as characterized in the supplemental rule proposed in June 2004, and the Clean Air Mercury Rule (CAMR) as proposed in February 2004. The assessment integrates a model of the electricity sector, two models of atmospheric transport of air pollutants, and a model of environmental and public health endpoints affected by pollution. We model explicitly the emissions of SO(2), NO(x), mercury and carbon dioxide (CO(2)) and the effects of changes in emissions of SO(2) and NO(x) on environmental and public health. The manner in which mercury emissions are regulated will have important implications not only for the cost of the regulation, but also for emission levels for SO(2) and NO(x) and where those emissions are located. We find the economic benefits of CAIR and CAMR are far greater than the costs. Recent estimates of benefits of reductions in mercury and acidification indicate that our model captures the lion's share of quantifiable benefits. We also find that the EPA would have been justified on economic grounds in pursuing additional SO(2) emissions reductions beyond the requirements of CAIR.     

碳中和评估与预测预估方法研究进展

人类活动排放的大量温室气体已经造成多种不利影响,为缓解这些不利影响,已有多个国家提出了碳中和目标。碳中和评估与预测预估是实现碳中和目标的科学基础,准确估算碳排放量和碳去除量是进行碳中和评估的关键,可以帮助决策者制定减排和增汇政策。本文梳理了碳排放量和碳去除量的估算方法以及预测预估方法的原理和特点,以期为准确评估碳中和现状以及预测预估未来情景下实现碳中和目标的可能性和路径提供方法论参考。碳排放量的估算方法可以分为用于支撑碳交易市场的碳排放核算方法、面向消费侧碳排放的估算方法和基于因素分解法的碳排放计量方法三大类;前两类方法主要用于历史碳排放量的盘点,第三类方法可用于碳排放量的预估。陆地生态系统碳去除量估算方法可以分为统计模型法、机理模型法和遥感模型法三大类;第一类方法应用最早但估算结果较粗糙,第二类方法模型应用最多但估算结果存在较大的不确定性,第三类方法观测范围大但缺乏预测预估能力。近年来,模型分析法在碳中和评估和预测预估上得到越来越广泛的应用。     

A bioeconomic model for estimating the benefits of acid rain abatement to Salmon fishing: a case study in South West Scotland

The United Kingdom, under the Large Combustion Plant Directive of the European Community, is committed to cutting sulphur dioxide (SO2) emissions by 60% of 1980 levels by the year 2003. In order to justify this action and to support new decisions on further emission reductions, policy makers require knowledge of the economic benefits of abatement. Benefit estimates for the recovery of freshwater fish populations present difficulties since the effect of reduced acid deposition on environmental processes is complex and because fishery records are often inadequate or absent. This paper predicts the economic benefits of acid rain abatement to the rod and line salmon fishery of Galloway, South West Scotland. It achieves this by linking output on long term changes in water chemistry and fish population status from MAGIC, a process based catchment model for acidification, with catch and market value data. Predicted increases in the market value of the fishery are presented and the role of the model in economic analysis of environmental policy discussed.     

Camel culling and carbon emissions in rangelands in central Australia

Culling feral camels will impact on the carbon emissions from them. Culling of feral camels stops their long-term continuous methane emission, but emits carbon from their carcasses in the short term. Through on-site monitoring of the decomposition process of camels that have been shot dead, this paper models the pattern of carbon emissions during the decomposition of these camels in Central Australia, and analyses the contribution of the camel culling programme to carbon emission mitigation on the rangelands. A ‘carbon royalty’ payment mechanism is also suggested to encourage local participation in carbon markets through an involvement in natural resource management.     

Early action to reduce greenhouse gas emissions before the commitment period of the Kyoto protocol: advantages and disadvantages

Current “business as usual” projections suggest greenhouse gas emissions from industrialized nations will grow substantially over the next decade. However, if it comes into force, the Kyoto Protocol will require industrialized nations to reduce emissions to an average of 5% below 1990 levels in the 2008–2012 period. Taking early action to close this gap has a number of advantages. It reduces the risks of passing thresholds that trigger climate change “surprises.” Early action also increases future generations' ability to choose greater levels of climate protection, and it leads to faster reductions of other pollutants. From an economic sense, early action is important because it allows shifts to less carbon-intensive technologies during the course of normal capital stock turnover. Moreover, many options for emission reduction have negative costs, and thus are economically worthwhile, because of paybacks in energy costs, healthcare costs, and other benefits. Finally, early emission reductions enhance the probability of successful ratification and lower the risk of noncompliance with the protocol. We discuss policy approaches for the period prior to 2008. Disadvantages of the current proposals for Credit for Early Action are the possibility of adverse selection due to problematic baseline calculation methods as well as the distributionary impacts of allocating a part of the emissions budget already before 2008. One simple policy without drawbacks is the so-called baseline protection, which removes the disincentive to early action due to the expectation that businesses may, in the future, receive emission rights in proportion to past emissions. It is particularly important to adopt policies that shift investment in long-lived capital stock towards less carbon-intensive technologies and to encourage innovation and technology development that will reduce future compliance costs.     

Greenhouse gas balance for composting operations

The greenhouse gas (GHG) impact of composting a range of potential feedstocks was evaluated through a review of the existing literature with a focus on methane (CH(4)) avoidance by composting and GHG emissions during composting. The primary carbon credits associated with composting are through CH(4) avoidance when feedstocks are composted instead of landfilled (municipal solid waste and biosolids) or lagooned (animal manures). Methane generation potential is given based on total volatile solids, expected volatile solids destruction, and CH(4) generation from lab and field incubations. For example, a facility that composts an equal mixture of manure, newsprint, and food waste could conserve the equivalent of 3.1 Mg CO(2) per 1 dry Mg of feedstocks composted if feedstocks were diverted from anaerobic storage lagoons and landfills with no gas collection mechanisms. The composting process is a source of GHG emissions from the use of electricity and fossil fuels and through GHG emissions during composting. Greenhouse gas emissions during composting are highest for high-nitrogen materials with high moisture contents. These debits are minimal in comparison to avoidance credits and can be further minimized through the use of higher carbon:nitrogen feedstock mixtures and lower-moisture-content mixtures. Compost end use has the potential to generate carbon credits through avoidance and sequestration of carbon; however, these are highly project specific and need to be quantified on an individual project basis.