Related papers: Social Cost of Carbon: What Do the Numbers Really …
Green computing represents a critical pathway to decarbonize the digital economy while maintaining technological progress. This article examines how sustainable IT strategies including energy-efficient hardware, AI-optimized data centres,…
To enhance decarbonization efforts in electric power systems, we propose a novel electricity market clearing model that internalizes the allocation of emissions from generations to loads and allows for consideration of consumer-side carbon…
Carbon emissions significantly contribute to climate change, and carbon credits have emerged as a key tool for mitigating environmental damage and helping organizations manage their carbon footprint. Despite their growing importance across…
There is much disagreement concerning how best to control global carbon emissions. We explore quantitatively how different control schemes affect the collective emission dynamics of a population of emitting entities. We uncover a complex…
Climate change is profoundly affecting nearly all aspects of life on earth, including human societies, economies and health. Various human activities are responsible for significant greenhouse gas emissions, including data centres and other…
Climate physical risks pose an increasing threat to urban infrastructure, necessitating urgent climate adaptation measures to protect lives and assets. Implementing such measures, including the development of resilient infrastructure and…
Due to the growing concerns for sustainable development, supply chains seek to invest in social sustainability issues to seize more market share in today's competitive business environment. This study aims to develop a coordination scheme…
This paper presents a comprehensive analysis of distribution grid upgrades costs necessary to integrate Community Solar (CS) projects. The innovative methodology proposed for this quantification is based on incremental least-cost expansion…
In the operation of the integrated energy system (IES), considering further reducing carbon emissions, improving its energy utilization rate, and optimizing and improving the overall operation of IES, an optimal dispatching strategy of…
Tackling climate change requires the rapid and deep decarbonization of electric power systems. While energy management systems (EMSs) play a central role in this transition, conventional EMSs focus mainly on economic efficiency and often…
Climate change and global warming are among the most significant issues that humanity is currently facing, and also among the issues that pose the greatest threats to all mankind. These issues are primarily driven by abnormal increases in…
Generative AI is spreading rapidly, creating significant social and economic value while also raising concerns about its high energy use and environmental sustainability. While prior studies have predominantly focused on the…
In the present study, for the first time, an effort sharing approach based on Inertia and Capability principles is proposed to assess European Union (EU27) carbon budget distribution among the Member States. This is done within the context…
This paper synthesizes evidence on climate change impacts specific to U.S. populations. We develop an apples-to-apples comparison of econometric studies that empirically estimate the relationship between climate change and gross domestic…
Data centers are carbon-intensive enterprises due to their massive energy consumption, and it is estimated that data center industry will account for 8\% of global carbon emissions by 2030. However, both technological and policy instruments…
We study how the climate transition through a low-carbon economy, implemented by carbon pricing, propagates in a credit portfolio and precisely describe how carbon price dynamics affects credit risk measures such as probability of default,…
The technology industry promotes artificial intelligence (AI) as a key enabler to solve a vast number of problems, including the environmental crisis. However, when looking at the emissions of datacenters from worldwide service providers,…
Greenhouse gas emissions from the residential sector represent a significant fraction of global emissions. Governments and utilities have designed incentives to stimulate the adoption of decarbonization technologies such as rooftop PV and…
An increasing share of consumers care about the carbon footprint of their electricity. This paper analyzes a method to integrate consumer carbon preferences in the electricity market-clearing by introducing consumer-based carbon costs and a…
Due to increased computing use, data centers consume and emit a lot of energy and carbon. These contributions are expected to rise as big data analytics, digitization, and large AI models grow and become major components of daily working…