Road project opportunity costs subject to a regional constraint on greenhouse gas emissions

Martin, Jean-Christophe; Point, Patrick

doi:10.1016/j.jenvman.2012.07.016

Cited by 9 publications

(2 citation statements)

References 17 publications

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“…Differing from small and medium-sized infrastructure projects in which routine construction management practices can be applied, road PPP projects involve multiple participants making several complex management-related decisions within a long-term, uncertain environment [95]. Based on that, risk management elements that are common in road PPP projects are associated with: Multi-layer relationships among project participants [96], project performance (i.e., cost, time, and safety) [1,[97][98][99][100], procurement and contracts [95,[101][102][103][104], environmental and social concerns [73,105], construction [106][107][108][109], and economic returns [95,110].…”

Section: Risk Management and Risk Allocationmentioning

confidence: 99%

Risk Allocation in Unsolicited and Solicited Road Public-Private Partnerships: Sustainability and Management Implications

et al. 2020

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Risk allocation plays a crucial role in the successful development of public-private partnership (PPP) projects. However, despite being an important topic for scholars and practitioners, the existing literature does not provide sufficient evidence on how managing risks in solicited (SP) and unsolicited (USP) road PPP projects, and subsequently, on what the sustainability implications are for such managerial processes. This study aims to extend risk allocation studies by analyzing contracts in Chilean highway PPPs over the last decade based on a systematic content analysis framework and case study data. The framework was developed through line-by-line coding of contract provisions associated with risk-related issues, and data were collected from semi-structured interviews with Chilean PPP practitioners. Results show that, although the majority of risks are either shared or transferred to the private party in most contracts, there are important variations in the way allocation procedures are implemented for SPs and USPs. Contracts analyzed revealed that risk arrangement mechanisms have usually focused on the economic dimension of sustainability without fully incorporating social and environmental considerations, increasing protests in the long-term. Conclusions indicate that risk allocation procedures and sustainability considerations are highly dependent on project-specific features and contextual factors. Overall, the analysis uncovers that the level of autonomy given to the private sector in both SPs and USPs has contributed to properly manage technical and economic risks, but has failed to successfully allocate social and environmental concerns.

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Section: Risk Management and Risk Allocationmentioning

confidence: 99%

Risk Allocation in Unsolicited and Solicited Road Public-Private Partnerships: Sustainability and Management Implications

et al. 2020

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“…At present, China has entered the period of "construction and maintenance simultaneously" period in road, with the features of energy demand growing rapidly, thereby, modernization of transport system facilitated by sustainable design and energy-efficient materials will undoubtedly achieve significant energy savings, less environmental pollution, and ultimately better profitability. Some innovative technologies related to the development of sustainable infrastructure and use of renewable energy sources have already been applied in various road construction projects in Europe and USA, leading to wider use of materials that will meet their functional role with the environmental acceptability as a necessary prerequisite for transport planning, geared to the preservation of nature and human health with the financial, economic and environmental acceptability [1,2].…”

Section: Introductionmentioning

confidence: 99%

Application of Energy Saving Technology in Roadbed Materials

Zhou

Zheng²,

Cheng

2014

AMR

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Energy conservation is a longer period of a Chinas national policy, and the most important in economic sustainable development. With continuous rapid development in China's transport, problems as environmental pollution, high energy consumption, and low energy efficiency have arisen, which called for research, production and implementation of energy saving materials that would be the firm foundation of environmentally sustainable transport infrastructure in road traffic system. Currently, the application of advanced technology and brand new material used in pavement is beneficial for saving energy, reducing noise, and improving the economic viability of renewable energy. Various research projects have provided insights on how the use of energy efficient materials brings relatively exciting results as an essential prerequisite for sustainable development of the transport system. Therefore, the value of the broad application of sustainable, recycled materials utilized in road was clarified and illustrated by presenting some of the latest achievements in construction of sustainable infrastructure in road.

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Assessing and mapping global climate regulation service loss induced by Terrestrial Transport Infrastructure construction

2013

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Road project opportunity costs subject to a regional constraint on greenhouse gas emissions

Cited by 9 publications

References 17 publications

Risk Allocation in Unsolicited and Solicited Road Public-Private Partnerships: Sustainability and Management Implications

Risk Allocation in Unsolicited and Solicited Road Public-Private Partnerships: Sustainability and Management Implications

Application of Energy Saving Technology in Roadbed Materials

Assessing and mapping global climate regulation service loss induced by Terrestrial Transport Infrastructure construction

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