TY - JOUR
T1 - Exploring the Carbon Pricing Strategy to Decarbonizing Coal-Fired Power Plants
T2 - 7th Information Systems International Conference, ISICO 2023
AU - Handayani, Firin
AU - Suryani, Erma
AU - Chou, Shuo Yan
AU - Hendrawan, Rully Agus
AU - Yu, Tiffany Hui Kuang
N1 - Publisher Copyright:
© 2023 The Authors. Published by Elsevier B.V.
PY - 2024
Y1 - 2024
N2 - Carbon dioxide is an important component and one of the contributors to greenhouse gas emissions. Taiwan has set new goals to reduce emissions by 23%-25% in 2030. However, electricity production in 2021 is still contributed by coal-fired power plants. This research explores potential carbon pricing strategies to decarbonize coal-fired power plants, which are carbon fees and carbon emission trading. This research uses a system dynamics framework for causal loop diagram development. This research creates a causal loop diagram to describe the carbon pricing strategy's impact on reducing carbon emissions.
AB - Carbon dioxide is an important component and one of the contributors to greenhouse gas emissions. Taiwan has set new goals to reduce emissions by 23%-25% in 2030. However, electricity production in 2021 is still contributed by coal-fired power plants. This research explores potential carbon pricing strategies to decarbonize coal-fired power plants, which are carbon fees and carbon emission trading. This research uses a system dynamics framework for causal loop diagram development. This research creates a causal loop diagram to describe the carbon pricing strategy's impact on reducing carbon emissions.
KW - Carbon emission
KW - carbon emission trading
KW - carbon fee
KW - coal-fired power plant
KW - power sector
KW - system dynamics
UR - http://www.scopus.com/inward/record.url?scp=85193201475&partnerID=8YFLogxK
U2 - 10.1016/j.procs.2024.03.169
DO - 10.1016/j.procs.2024.03.169
M3 - Conference article
AN - SCOPUS:85193201475
SN - 1877-0509
VL - 234
SP - 1650
EP - 1657
JO - Procedia Computer Science
JF - Procedia Computer Science
Y2 - 26 July 2023 through 28 July 2023
ER -