Exploring the Carbon Pricing Strategy to Decarbonizing Coal-Fired Power Plants: A System Thinking Approach
Procedia Computer Science(2024)
Abstract
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.
MoreTranslated text
Key words
Carbon emission,carbon fee,carbon emission trading,coal-fired power plant,power sector,system dynamics
AI Read Science
Must-Reading Tree
Example
![](https://originalfileserver.aminer.cn/sys/aminer/pubs/mrt_preview.jpeg)
Generate MRT to find the research sequence of this paper
Chat Paper
Summary is being generated by the instructions you defined