mitymoo Business & Industrial utilities costs — Volkswagen Santana sedan IV

17 Июн 2015 | Author: | Комментарии к записи mitymoo Business & Industrial utilities costs — Volkswagen Santana sedan IV отключены
Volkswagen Santana sedan IV

Business Industrial /Energy

A study by Tepper School of at Carnegie Mellon University that establishing a price for emissions would reduce demand (full disclosure my kids attend Tepper and The study explores a price as low as $35 per ton of CO2. By way of comparison, NJ’s warming policies are based on a $2.

Wolfe PSEG Duck (Hamilton, NJ) coal plant

A by Tepper School of Business at Mellon University found establishing a price for carbon would reduce energy (full disclosure — my attend Tepper and CMU).

The explores a price as low as $35 per metric ton of CO2 . By way of NJ’s global warming are based on a $2 per ton cost (under the NJ

If $35 per ton would yield a 10% reduction in it’s pretty clear NJ’s RGGI $2 per ton won’t do much.

Yet compliance with legislatively mandated greenhouse gas reduction goals will dramatic reductions — 20% by and 80% by the year 2050. See Global Response

Here is release on the study:



of Short-Term Effects of $35 Cost Per Ton of CO2 Indicates Up To Ten Percent Cut in Emissions

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As recent judicial, political and developments appear to continue to the United States toward a price for carbon dioxide emissions, new analysis by Carnegie University researchers provides the picture yet of the possible short-term of establishing such a cost. The published recently by Environmental Technology, suggests that a modest price would, immediately, result in up to 10 percent in emission levels by prompting in both power company and consumer behavior.

Simulating the of a price on CO2 emissions from the fleet of U.S. power in three regions using costs for generators and hourly load data from the researchers considered the short-term on electricity price and demand before any new, more generation facilities could be They identified that a as low as $35 per metric ton of CO2 would likely a reduction of consumer electricity as well as a change by grid in the order in which generators are dispatched, depending on their levels and marginal fuel

In fact, the researchers predict as much as ten percent reduction in would be the result, although the of reduction is heavily dependent the availability of alternative and less power generation technologies in a region. For example, facilities in the and Midwest would see a higher in emissions resulting from the . while emissions in Texas with relatively larger of natural gas facilities — be affected significantly less.

While this study the impact and demand elasticity for an price increase, the researchers that any price imposed likely phased in gradually or via a cap-and-trade system. Any price for emissions would hopefully a clear timetable that allow utilities and consumers to informed investment decisions, M. Granger Morgan, Lord Professor in Engineering in the Department of and Public Policy at Carnegie In addition to the changes in resource by utilities, consumers would pay attention to their energy or switch to more energy appliances.

In addition, the study and expands on prior research how a CO2 emissions price would greater investment by power in new, more efficient Our findings indicate that reductions in CO2 can and would be observed in the even before more power generation technologies are on a wide scale, said Jay associate research professor at the School of Business at Carnegie and co-author of the study.

The study, titled Short Run of a Price on Carbon Dioxide from U.S. Electric appeared in the May 1st issue of Environmental Technology. The research was by Adam a PhD candidate in the department of Engineering and Policy; along with Apt and Morgan, Professor Lester B. of the Tepper School of Business at Mellon; and Professor Seth of Penn State University. The was supported by the Carnegie Mellon Industry Center, established in 2001 to work with government and other stakeholders to the strategic problems of the electricity making it more competitive and its more reliable.

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