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Impact Assessment and Analysis of Industrial Greenhouse Gases Management 

No.: PR1835

Author: Liou, Je-Liang

Price: Not for Sale

Publication: 2017.06


Abstract:

The content of this project includes four parts. In the first part, to assist with analysis and review the individual case of GHGs emissions evaluation and case tracking, this project has examined 53 cases of environment development activities and three tracking cases have been checked with report for each individual case. There are three issues in the second part. First, we reviewed the current status of international carbon markets and found out the possible policy insights from these review. Second, how to evaluate the GHGs reduction was investigated. The evaluation methodology was then constructed based the index of Social Cost of Carbon to help the policy assessment in Taiwan. 

Finally, we estimated the possible carbon price in Taiwan off-set crediting market based on updating demand and supply data. Carbon leakage occurs when direct and indirect costs deriving from an asymmetrical climate policy have a material impact on competitiveness, leading to industrial production and new investments moving outside a regulated region together with the associated greenhouse gas emissions. This working definition of carbon leakage is based on three core concepts: 

(1) Asymmetrical Climate Policy, (2) Material Impact on Competitiveness, (3) Relocation of Greenhouse Gas Emissions. 

A number of other jurisdictions such as EU, South Korea, and US- State of California are adopting measures to define the level of carbon leakage. Most of the jurisdictions currently uses carbon cost (emissions intensity or carbon intensity) and trade intensity to determine the degree to which a sector is energy-intensive and trade-exposed. In this project, we refer to California methodology to define the level of carbon leakage risk of Taiwan sectors. The assessment resulted that most of the sectors trade intensity are above 50%, and emissions intensity are more than 2,000 tonnesCO2e/Million USD. To assess the possible economic impacts of adoption of available reduction technologies for electric commercial sector is the major task in the third part. A two stage assessment process which could capture the interaction between commercial sector and the rest of the whole economy was adopted to assess the impact of implement of carbon emission standard. The various of simulations based on different scenarios are provided as outcomes. Thus, the policy applications were suggested based on the assessment results. The fourth part, the international decision making procedure of CDM on investment additionality is investigated. The localized industrial benchmarks are then established and updating based on the empirical data. 

Furthermore, 7 cases of investment analysis of Offset Project applications and ten international CDM methodologies have examined by this project to facilitate the work of EPA. Finally, a series of training programs and consulting meeting are held so as to support the issues about the GHGs management.