Carbon Pricing and the Elasticity of Co2 Emissions

Rafaty, Ryan; Dolphin, Geoffroy; Pretis, Felix

doi:10.2139/ssrn.4057209

Cited by 2 publications

(2 citation statements)

References 113 publications

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“…Therefore, the running cost of the power plant is considered expensive. The CO2 emission affects the community with a social cost in which each tCO2 cost equals 50 USD (Rafaty et al, 2020). The employment of the tracking systems for PV power plant have not influence on the CO2 emission.…”

Section: Resultsmentioning

confidence: 99%

Technical, Economic and Environmental Comparison of Three Different Grid-Connected PV Tracking Systems Power Plant Under Kurdistan Region/Iraq Climate Condition

QADER¹,

Mohammed²,

Idrees³

2022

EPSTEM

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In this paper, a 1 MW grid-connected PV system was performed and simulated numerically in Zakho city, using hourly meteorological data for three systems; fixed, single-axis, and dual-axis tracking systems for solar module. The analysis of this study is based on technical, economic, and environmental feasibility. The analysis based on the actual 3 PV solar panels using different tracking systems which installed on the roof of the Engineering college of Zakho University. The evaluation findings suggest that PV technology is quite promising in this location, with annual yield factors of (1416 kWh/kW), (1694 kWh/kW), and (1902 kWh/kW) for the three systems, respectively. Furthermore, the proposed system's capacity factors are 16.2 percent, 19.3 percent, and 21.70 percent. The economic growth of a 1MW grid-connected photovoltaic (PV) system adjusted for meeting the daily peak load in Zakho is analyzed and compared based on the cost of electricity (COE), net present value (NPV), payback period (PBP), and the energy payback time (EPBT) for three systems in the present work. The COE for the three proposed systems, fixed, 1st axis, and dual axes solar tracking systems, was 0.0826 USD/kWh, 0.0489 USD/kWh, and 0.0441 USD/kWh, respectively, which indicated the tracking system is economically feasible. The findings indicate a favorable trend, implying that large-scale photovoltaics of dual-axis systems might be a feasible option for addressing future power needs.

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Section: Resultsmentioning

confidence: 99%

Technical, Economic and Environmental Comparison of Three Different Grid-Connected PV Tracking Systems Power Plant Under Kurdistan Region/Iraq Climate Condition

QADER¹,

Mohammed²,

Idrees³

2022

EPSTEM

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“…Carbon pricing, where used, has been effective in reducing emissions (Leroutier 2022;Andersson 2019;Best et al 2020) and triggering low-carbon investments (Calel 2020), but so far its impact falls short of what would be required to implement the objectives of the Paris Agreement (Rafaty et al 2020). One reason is that carbon pricing mechanisms still suffer from limited coverage and a low nominal rate (World Bank 2021).…”

Section: Introductionmentioning

confidence: 99%

Cash transfers in the context of carbon pricing reforms in Latin America and the Caribbean

Missbach¹,

Steckel²,

Vogt-Schilb³

2022

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One reason carbon prices are difficult to implement is that they might imply high additional costs on poor and vulnerable households. In response, studies often highlight that recycling revenues through cash transfers can render carbon pricing reforms progressive. This neglects that existing cash transfer programs target households from low-income groups often imperfectly and that impacts of a carbon price are heterogeneous within income groups. In this study we analyze the role of existing cash transfer schemes to alleviate distributional effects of carbon pricing in 16 Latin American and Caribbean countries. We find carbon pricing to be regressive in 11 countries, progressive in 5, and show that differences within income groups exceed differences between them. Beyond total household expenditures, car ownership and cooking fuel explain the variance in carbon pricing impacts. We show that households who are most affected by carbon pricing, some of them poor, do not necessarily have access to existing cash transfer programs. Governments aiming to compensate households may broaden coverage of existing cash transfer programs or consider complementing instruments such as in-kind transfers or removing existing distortionary taxes.

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Carbon Pricing and the Elasticity of Co2 Emissions

Cited by 2 publications

References 113 publications

Technical, Economic and Environmental Comparison of Three Different Grid-Connected PV Tracking Systems Power Plant Under Kurdistan Region/Iraq Climate Condition

Technical, Economic and Environmental Comparison of Three Different Grid-Connected PV Tracking Systems Power Plant Under Kurdistan Region/Iraq Climate Condition

Cash transfers in the context of carbon pricing reforms in Latin America and the Caribbean

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