Related papers: Optimal pricing for carbon dioxide removal under i…
The rapid growth of data centers is increasing energy demand and widening the carbon gap in the ICT sector, as fossil fuels still dominate global energy production. Addressing this challenge requires collaboration across research, policy,…
Greenhouse gases (GHG) trap heat and make the planet warmer, exacerbating global climate change. Energy production is the second largest contributor to climate change [19]. In particular, the production of electricity and use of gas…
Carbon matching aims to improve corporate carbon accounting by tracking emissions rather than energy consumption and production. We present a mathematical derivation of carbon matching using marginal emission rates, where the unit of…
The global carbon market is fragmented and characterized by limited pricing transparency and empirical evidence, creating challenges for investors and policymakers in identifying carbon management opportunities. The European Union is among…
This paper studies the optimal extraction and taxation of nonrenewable natural resources. It is well known that the market values of the main strategic resources such as oil, natural gas, uranium, copper,..., etc, fluctuate randomly…
Mitigation of climate change will highly rely on a carbon emission trajectory that achieves carbon neutrality by the 2050s. The ocean plays a critical role in modulating climate change by sequestering CO2 from the atmosphere. Relying on the…
We develop a dynamic multi-region climate-economy model with emissions trading and solve for the dynamic Nash equilibrium under noncooperation, where each region follows Paris Agreement-based emissions caps. The permit price reaches $923…
To meet climate targets, the IPCC underscores the necessity of technologies capable of removing gigatonnes of CO2 annually, with Geological Carbon Storage (GCS) playing a central role. GCS involves capturing CO2 and injecting it into deep…
Cooperative and Adaptive Cruise Control (CACC) is widely focused to enhance driving fuel-efficiency by maintaining a close following gap. The ecology of CACC could be further enhanced by adapting to the rolling terrain. However, current…
Decarbonizing electric grids is a crucial global endeavor in the pursuit of carbon neutrality. Taking carbon emissions from generation into account when pricing electricity usage is an essential way to achieve this goal. However, such…
This paper studies carbon taxes effectiveness to induce a transition to cleaner production when a firm faces different technologies and demands. To determine carbon taxes effectiveness, we propose a framework based on a strategic capacity…
An increasing amount of companies and cities plan to become CO2-neutral, which requires them to invest in renewable energies and carbon emission offsetting solutions. One of the cheapest carbon offsetting solutions is preventing…
With the onset of climate change and the increasing need for effective policies, a multilateral approach is needed to make an impact on the growing threats facing the environment. Through the use of systematic analysis by way of C-ROADS and…
In this paper, we propose a multi-RREH (Remote Renewable Energy Hub) based optimization framework. This framework allows a valorization of CO2 using carbon capture technologies. This valorization is grounded on the idea that CO2 gathered…
We investigate optimal carbon abatement in a dynamic general equilibrium climate-economy model with endogenous structural change. By differentiating the production of investment from consumption, we show that social cost of carbon can be…
One of the most important challenges in smart grid systems is the integration of renewable energy resources into its design. In this work, two different techniques to mitigate the time varying and intermittent nature of renewable energy…
"No-till" and cover cropping are often identified as the leading simple, best management practices for carbon sequestration in agriculture. However, the root of the problem is more complex, with the potential benefits of these approaches…
In this paper we introduce a new mathematical model describing the erosion process caused in carbonate stones by the dissolution of the porous matrix due to the penetration of carbonic acid present in the environment. Such model is…
Carbon taxes are increasingly popular among policymakers but remain politically contentious. A key challenge relates to their distributional impacts; the extent to which tax burdens differ across population groups. As a response, a growing…
We estimate the national social cost of carbon using a recent meta-analysis of the total impact of climate change and a standard integrated assessment model. The average social cost of carbon closely follows per capita income, the national…