Related papers: Optimal pricing for carbon dioxide removal under i…
This paper explores the optimal policy for using an allocated carbon emission budget over time with the objective to maximize profit, by explicitly taking into account present-biased preferences of decision-makers, accounting for…
Climate change is a rapidly accelerating problem that requires fast and large-scale carbon sequestration to prevent catastrophe. This paper proposes a novel approach to use explosives for large-scale carbon sequestration. Combining the…
The mitigation of climate change requires a fundamental transition of the energy system. Affordability, reliability and the reduction of greenhouse gas emissions constitute central but often conflicting targets for this energy transition.…
Carbon abatement decisions are usually based on the implausible assumption of constant social preference. This paper focuses on a specific case of market and non-market goods, and investigates the optimal climate policy when social…
The most dangerous effects of anthropogenic climate change can be mitigated by using emissions taxes or other regulatory interventions to reduce greenhouse gas (GHG) emissions. This paper takes a regulatory viewpoint and describes the…
Carbon emission right allowance is a double-edged sword, one edge is to reduce emission as its original design intention, another edge has in practice slain many less developed coal-consuming enterprises, especially for those in thermal…
Carbon dioxide will likely need to be removed from the atmosphere to avoid significant future warming and climate change. Technologies are being developed to remove large quantities of carbon from the atmosphere. Enhanced rock weathering…
Anthropogenic activities have led to a substantial increase in carbon dioxide (CO2), a greenhouse gas (GHG), contributing to heightened concerns of global warming. In the last decade alone CO2 emissions increased by 2.0 ppm/yr. globally. In…
The increasing level of atmospheric carbon dioxide has driven public discourse throughout the world. An immediate implementation of carbon-free energy sources is demanded with little discussion of costs, technical constraints on the…
Removing carbon dioxide from the atmosphere may slow climate change and ocean acidification. My approach converts atmospheric carbon dioxide into graphite (CD2G). The net profit for this conversion is ~$381/ton CO2 removed from the…
Energy technologies emitting differing proportions of methane and carbon dioxide vary in their relative climate impacts over time, due to the different atmospheric lifetimes of the two gases. Standard technology comparisons using the global…
Inorganic carbon, in the form of allogenic (transported) and pedogenic (soil) carbonates in semi-arid soils, may comprise an important carbon sink. Carbon dioxide, CO2, originating from the atmosphere and exhaled by tree roots into the…
Transferring a physical system from an initial to a final state while minimizing energetic losses is an interdisciplinary control problem that bridges stochastic thermodynamics and optimal transport theory. Recent research typically…
The growing urgency of the climate crisis has driven the implementation of diverse policy instruments to mitigate greenhouse gas (GHG) emissions. Among them, carbon pricing mechanisms such as carbon taxes and emissions trading systems…
We provide a theoretical framework to examine how carbon pricing policies influence inflation and to estimate the policy-driven impact on goods prices from achieving net-zero emissions. Firms control emissions by adjusting production,…
In order to address the economical dispatch problem in islanded microgrid, this letter proposes an optimal criterion and two decentralized economical-sharing schemes. The criterion is to judge whether global optimal economical-sharing can…
By its nature, the so-called social cost of carbon (SCC(t)) will likely not cover the cost induced by climate change (damage cost and abatement cost) if it is used as a CO$_2$-price. It is a marginal price only. We define an implied…
A climate mitigation comprehensive solution is presented through the first high yield, low energy synthesis of macroscopic length carbon nanotubes (CNT) wool from CO2 by molten carbonate electrolysis, suitable for weaving into carbon…
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,…
Traffic congestion is one of the major challenges faced by the transportation industry. While this problem carries a high economical and environmental cost, the need for an efficient design of optimal paths for passengers in multilayer…