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Balancing Profit and Environmental Sustainability with Carbon Emissions Management and Industry 4.0 Technologies

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  • Wen-Hsien Tsai

    (Department of Business Administration, National Central University, Jhongli, Taoyuan 32001, Taiwan)

Abstract

The environmental pollution issue in the textile industry has gained significant attention recently as one of the world’s most polluting industries. This paper aims to optimize product mixes for profit, tax, carbon, and resource efficiency. It employs mathematical models based on Activity-Based Costing (ABC) and the Theory of Constraints (TOC) to address carbon emissions, waste reuse, and energy recovery. Industry 4.0 technologies are integrated with real-time sensing and detection in production, and data are analyzed in the ERP system for optimal responses to production issues. The study explores different carbon emission cost models, including balancing environmental protection and green production with maximizing corporate profits. Additionally, a new environmentally friendly brick is proposed, combining cement with emitted coal slag to create a cost-effective and eco-friendly product.

Suggested Citation

  • Wen-Hsien Tsai, 2023. "Balancing Profit and Environmental Sustainability with Carbon Emissions Management and Industry 4.0 Technologies," Energies, MDPI, vol. 16(17), pages 1-30, August.
    • Handle: RePEc:gam:jeners:v:16:y:2023:i:17:p:6175-:d:1225140
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    References listed on IDEAS

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    1. Wen-Hsien Tsai, 2018. "Green Production Planning and Control for the Textile Industry by Using Mathematical Programming and Industry 4.0 Techniques," Energies, MDPI, vol. 11(8), pages 1-24, August.
    2. Haider Mahmood & Maham Furqan & Muhammad Shahid Hassan & Soumen Rej, 2023. "The Environmental Kuznets Curve (EKC) Hypothesis in China: A Review," Sustainability, MDPI, vol. 15(7), pages 1-32, April.
    3. Leamer, Edward E, 1996. "Wage Inequality from International Competition and Technological Change: Theory and Country Experience," American Economic Review, American Economic Association, vol. 86(2), pages 309-314, May.
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    Cited by:

    1. Pırıl Tekin & Hakan Alıcı & Tuğçe Demirdelen, 2024. "A Life Cycle Analysis of a Polyester–Wool Blended Fabric and Associated Carbon Emissions in the Textile Industry," Energies, MDPI, vol. 17(2), pages 1-22, January.

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