Abstract:The climate crisis in many sectors is driving rapid and substantial changes. Considering the fact that the building sector accounts for 39% of energy related carbon emissions, it is important to take swift actions to reduce these emissions. This study will identify the accuracy and availability of the embodied carbon databases. In this regard, the effect of using different embodied carbon databases on the total emissions during product and end-of-life stages will be compared. The results showed that using the … Show more
“…In the above context, a less discussed ChL facet concerns Construction and Dem Wastes (CDWs), which, in weighted average terms of materials, could mitigate up of global CO2 emissions. Elements of ChL practices can be identified in the buildin tor, as transparency constitutes a fundamental requirement of the Whole Life Carb sessment (WLCA) [23] of a building material's EoL Management (levels C1-C4). Esse this comprises a commitment that the materials have the necessary R&D inputs lack of toxic compounds, low virtual fossil fuel and water footprints across manu ing) from their design stage and be eligible as resource inputs again after the bui disassembly at the end of its scheduled lifetime (the WLCA standard time is 60 yea Similar sequences of checks and balances can be adopted for a VAC's recover wastewater.…”
Although the Circular Economy (CE) has made remarkable technological progress by offering a wide range of alternative engineering solutions, an obstacle for its large-scale commercialization is nested in the adoption of those business and financial models that accurately depict the value generated from resource recovery. Recovering a resource from a waste matrix conserves natural reserves in situ by reducing demand for virgin resources, as well as conserving environmental carrying capacities by reducing waste discharges. The standard business model for resource recovery is Industrial Symbiosis (IS), where industries organize in clusters and allocate the process of waste matrices to achieve the recovery of a valuable resource at an optimal cost. Our work develops a coherent microeconomic architecture of Chemical Leasing (Ch.L.) contracts within the analytical framework of the Sherwood Plot (SP) for recovering a Value-Added Compound (VAC) from a wastewater matrix. The SP depicts the relationship between the VAC’s dilution in the wastewater matrix and its cost of recovery. ChL is engineered on the SP as a financial contract, motivating industrial synergies for delivering the VAC at the target dilution level at the market’s minimum cost and with mutual profits. In this context, we develop a ChL market typology where information completeness on which industry is most cost-efficient in recovering a VAC at every dilution level determines market dominance via a Kullback–Leibler Divergence (DKL) metric. In turn, we model how payoffs are allocated between industries via three ChL contract pricing systems, their profitability limits, and their fitting potential by market type. Finally, we discuss the emerging applications of ChL financial engineering in relation to three vital pillars of resource recovery and natural capital conservation.
“…In the above context, a less discussed ChL facet concerns Construction and Dem Wastes (CDWs), which, in weighted average terms of materials, could mitigate up of global CO2 emissions. Elements of ChL practices can be identified in the buildin tor, as transparency constitutes a fundamental requirement of the Whole Life Carb sessment (WLCA) [23] of a building material's EoL Management (levels C1-C4). Esse this comprises a commitment that the materials have the necessary R&D inputs lack of toxic compounds, low virtual fossil fuel and water footprints across manu ing) from their design stage and be eligible as resource inputs again after the bui disassembly at the end of its scheduled lifetime (the WLCA standard time is 60 yea Similar sequences of checks and balances can be adopted for a VAC's recover wastewater.…”
Although the Circular Economy (CE) has made remarkable technological progress by offering a wide range of alternative engineering solutions, an obstacle for its large-scale commercialization is nested in the adoption of those business and financial models that accurately depict the value generated from resource recovery. Recovering a resource from a waste matrix conserves natural reserves in situ by reducing demand for virgin resources, as well as conserving environmental carrying capacities by reducing waste discharges. The standard business model for resource recovery is Industrial Symbiosis (IS), where industries organize in clusters and allocate the process of waste matrices to achieve the recovery of a valuable resource at an optimal cost. Our work develops a coherent microeconomic architecture of Chemical Leasing (Ch.L.) contracts within the analytical framework of the Sherwood Plot (SP) for recovering a Value-Added Compound (VAC) from a wastewater matrix. The SP depicts the relationship between the VAC’s dilution in the wastewater matrix and its cost of recovery. ChL is engineered on the SP as a financial contract, motivating industrial synergies for delivering the VAC at the target dilution level at the market’s minimum cost and with mutual profits. In this context, we develop a ChL market typology where information completeness on which industry is most cost-efficient in recovering a VAC at every dilution level determines market dominance via a Kullback–Leibler Divergence (DKL) metric. In turn, we model how payoffs are allocated between industries via three ChL contract pricing systems, their profitability limits, and their fitting potential by market type. Finally, we discuss the emerging applications of ChL financial engineering in relation to three vital pillars of resource recovery and natural capital conservation.
At the 75th United Nations General Assembly, China committed to peaking carbon dioxide emissions by 2030 and achieving carbon neutrality by 2060. In response, the national standard “General Specification for Building Energy Conservation and Utilization of Renewable Energy” has been adopted across 20 provinces and cities in seven major regions, including North China, Northeast China, and South China. These regions have implemented stringent energy-saving and emission reduction reviews and quota requirements. Despite this, there is limited research on comprehensive life cycle carbon emission calculations and carbon reduction designs. This study addresses this gap by focusing on economically developed regions with high population density and substantial energy-saving potential, specifically targeting the warm winter and hot summer regions of China. Using a commercial building in Shenzhen as a case study, we established a carbon emission accounting model based on the life cycle assessment (LCA) method. We calculated carbon emissions during the material phase using the project’s bill of quantities and relevant carbon emission factors. Additionally, we used the CEEB 2023 software to design energy-saving and emission reduction solutions for the building. Our comparative analysis reveals that the new design reduces the carbon emissions of the case study building by 13.5%. This reduction not only mitigates the environmental impact of construction but also contributes to the fight against the greenhouse effect, supporting the broader goal of sustainable development.
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