Emission discounting method for mitigation of environmental issues

A. R. Patel, Sarkar Prabir, Singh Harpreet, Tyagi Himanshu, Sagi Sudhakar

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

The environmental impact assessment of a process helps in predicting the contribution of a given process to abate the environment pollution. Considering its diminishing and time-dependent effect, assessment of the overall effect of emissions is very complex. It is possible to evolve a generalized methodology for arriving at a single emission discounting number for the process, using the concept of time value of carbon emission flow. The number incorporates the effect of the emission resulting from the process as well as the machinery over the entire operational lifespan. The advantage of this method is its quantitative aspect as well as its flexible nature and can be applied to any process or technology. Based on this method, the discounting rate for a process can be determined and it can be used to assess the mitigation capability of a technology.

Original languageEnglish
Title of host publicationInternational Conference on Energy Economics and Environment - 1st IEEE Uttar Pradesh Section Conference, UPCON-ICEEE 2015
PublisherIEEE
ISBN (Print)9781467374927
DOIs
Publication statusPublished - 1 Sep 2015
Event1st IEEE Uttar Pradesh Conference-International Conference on Energy, Economics and Environment, UPCON-ICEEE 2015 - Greater Noida, India
Duration: 26 Mar 201528 Mar 2015

Conference

Conference1st IEEE Uttar Pradesh Conference-International Conference on Energy, Economics and Environment, UPCON-ICEEE 2015
CountryIndia
CityGreater Noida
Period26/03/1528/03/15

Fingerprint

Environmental impact assessments
Machinery
Pollution
Carbon

Keywords

  • carbon sequestration
  • emission discounting rate
  • emission flow
  • time value of carbon emission

Cite this

Patel, A. R., Prabir, S., Harpreet, S., Himanshu, T., & Sudhakar, S. (2015). Emission discounting method for mitigation of environmental issues. In International Conference on Energy Economics and Environment - 1st IEEE Uttar Pradesh Section Conference, UPCON-ICEEE 2015 IEEE. https://doi.org/10.1109/EnergyEconomics.2015.7235112
Patel, A. R. ; Prabir, Sarkar ; Harpreet, Singh ; Himanshu, Tyagi ; Sudhakar, Sagi. / Emission discounting method for mitigation of environmental issues. International Conference on Energy Economics and Environment - 1st IEEE Uttar Pradesh Section Conference, UPCON-ICEEE 2015. IEEE, 2015.
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Patel, AR, Prabir, S, Harpreet, S, Himanshu, T & Sudhakar, S 2015, Emission discounting method for mitigation of environmental issues. in International Conference on Energy Economics and Environment - 1st IEEE Uttar Pradesh Section Conference, UPCON-ICEEE 2015. IEEE, 1st IEEE Uttar Pradesh Conference-International Conference on Energy, Economics and Environment, UPCON-ICEEE 2015, Greater Noida, India, 26/03/15. https://doi.org/10.1109/EnergyEconomics.2015.7235112

Emission discounting method for mitigation of environmental issues. / Patel, A. R.; Prabir, Sarkar; Harpreet, Singh; Himanshu, Tyagi; Sudhakar, Sagi.

International Conference on Energy Economics and Environment - 1st IEEE Uttar Pradesh Section Conference, UPCON-ICEEE 2015. IEEE, 2015.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

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N2 - The environmental impact assessment of a process helps in predicting the contribution of a given process to abate the environment pollution. Considering its diminishing and time-dependent effect, assessment of the overall effect of emissions is very complex. It is possible to evolve a generalized methodology for arriving at a single emission discounting number for the process, using the concept of time value of carbon emission flow. The number incorporates the effect of the emission resulting from the process as well as the machinery over the entire operational lifespan. The advantage of this method is its quantitative aspect as well as its flexible nature and can be applied to any process or technology. Based on this method, the discounting rate for a process can be determined and it can be used to assess the mitigation capability of a technology.

AB - The environmental impact assessment of a process helps in predicting the contribution of a given process to abate the environment pollution. Considering its diminishing and time-dependent effect, assessment of the overall effect of emissions is very complex. It is possible to evolve a generalized methodology for arriving at a single emission discounting number for the process, using the concept of time value of carbon emission flow. The number incorporates the effect of the emission resulting from the process as well as the machinery over the entire operational lifespan. The advantage of this method is its quantitative aspect as well as its flexible nature and can be applied to any process or technology. Based on this method, the discounting rate for a process can be determined and it can be used to assess the mitigation capability of a technology.

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Patel AR, Prabir S, Harpreet S, Himanshu T, Sudhakar S. Emission discounting method for mitigation of environmental issues. In International Conference on Energy Economics and Environment - 1st IEEE Uttar Pradesh Section Conference, UPCON-ICEEE 2015. IEEE. 2015 https://doi.org/10.1109/EnergyEconomics.2015.7235112