Towards real energy economics: Energy policy driven by life-cycle carbon emission
Alternative energy technologies (AETs) have emerged as a solution to the challenge of simultaneously meeting rising electricity demand while reducing carbon emissions. However, as all AETs are responsible for some greenhouse gas (GHG) emissions during their construction, carbon emission "Ponzi Schemes" are currently possible, wherein an AET industry expands so quickly that the GHG emissions prevented by a given technology are negated to fabricate the next wave of AET deployment. In an era where there are physical constraints to the GHG emissions the climate can sustain in the short term this may be unacceptable. To provide quantitative solutions to this problem, this paper introduces the concept of dynamic carbon life-cycle analyses, which generate carbon-neutral growth rates. These conceptual tools become increasingly important as the world transitions to a low-carbon economy by reducing fossil fuel combustion. In choosing this method of evaluation it was possible to focus uniquely on reducing carbon emissions to the recommended levels by outlining the most carbon-effective approach to climate change mitigation. The results of using dynamic life-cycle analysis provide policy makers with standardized information that will drive the optimization of electricity generation for effective climate change mitigation.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Tremeac, Brice & Meunier, Francis, 2009. "Life cycle analysis of 4.5Â MW and 250Â W wind turbines," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(8), pages 2104-2110, October.
- de Vries, Bert J.M. & van Vuuren, Detlef P. & Hoogwijk, Monique M., 2007. "Renewable energy sources: Their global potential for the first-half of the 21st century at a global level: An integrated approach," Energy Policy, Elsevier, vol. 35(4), pages 2590-2610, April.
- Fthenakis, Vasilis M. & Kim, Hyung Chul, 2007. "Greenhouse-gas emissions from solar electric- and nuclear power: A life-cycle study," Energy Policy, Elsevier, vol. 35(4), pages 2549-2557, April.
- Hondo, Hiroki, 2005. "Life cycle GHG emission analysis of power generation systems: Japanese case," Energy, Elsevier, vol. 30(11), pages 2042-2056.
- Martínez, E. & Sanz, F. & Pellegrini, S. & Jiménez, E. & Blanco, J., 2009. "Life cycle assessment of a multi-megawatt wind turbine," Renewable Energy, Elsevier, vol. 34(3), pages 667-673.
- Neuhoff, K., 2004.
"Large Scale Deployment of Renewables for Electricity Generation,"
Cambridge Working Papers in Economics
0460, Faculty of Economics, University of Cambridge.
- Karsten Neuhoff, 2005. "Large-Scale Deployment of Renewables for Electricity Generation," Oxford Review of Economic Policy, Oxford University Press, vol. 21(1), pages 88-110, Spring.
- Mathur, Jyotirmay & Bansal, Narendra Kumar & Wagner, Hermann-Joseph, 2004. "Dynamic energy analysis to assess maximum growth rates in developing power generation capacity: case study of India," Energy Policy, Elsevier, vol. 32(2), pages 281-287, January.
- Mortimer, N. D., 1991. "Energy analysis of renewable energy sources," Energy Policy, Elsevier, vol. 19(4), pages 374-385, May.
- Gagnon, Luc & Belanger, Camille & Uchiyama, Yohji, 2002. "Life-cycle assessment of electricity generation options: The status of research in year 2001," Energy Policy, Elsevier, vol. 30(14), pages 1267-1278, November.
- Sims, Ralph E. H. & Rogner, Hans-Holger & Gregory, Ken, 2003. "Carbon emission and mitigation cost comparisons between fossil fuel, nuclear and renewable energy resources for electricity generation," Energy Policy, Elsevier, vol. 31(13), pages 1315-1326, October.
When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:38:y:2010:i:4:p:1969-1978. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shamier, Wendy)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.