Social and economic costs and benefits of coal
It is interesting to note that while China is projected to reduce coal consumption by 5% in 2050 compared to 2010, the rest of non-OECD Asia is set to at …Web
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Location-specific co-benefits of carbon emissions reduction from coal
a Value of health co-benefit from reducing one ton CO 2 emissions from coal-fired power plants located in each province; b Per capita health loss suffered by each province due to air pollution ...Web
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The economics of clean coal power generation with carbon
The double-carbon goal proposal has made it imperative for China's power industry to address the urgent issue of reducing greenhouse gas emissions from coal-fired power plants and promoting their clean and efficient use. A new approach to achieving peak-shaving and improving grid stability is the combination of carbon capture and storage …Web
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Spatially explicit analysis identifies significant potential for
A major challenge in emission reduction for the growing China's economy is that existing coal power plants become stranded assets combined with the need to ramp …Web
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De-Capacity Policy Effect on China's Coal Industry
Overcapacity in China's coal industry has serious negative impacts on the rational allocation of coal resources and stable operation of the national economy. Since 2016, the Chinese government has implemented a series of de-capacity policies to optimise coal production capacity. Timely policy effect assessment is of great significance to the …Web
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IOPscience
among relevant modules. Furthermore, by applying economic benefit assessment, key potential opportunities for improvement were identified. The results demonstrate that the economic benefit of coal chemical products presents a cascade as methanol > wash oil and asphalt blending component > crude benzene > thermal power …Web
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A novel economic benefit calculation modeling applying to coal …
First, a model was established to investigate the economic benefits of coal mining. Secondly, the differential benefits under three mining methods, collapse mining, cemented backfill mining and material-improved cemented backfill mining were calculated for a mining site in China as an example.Web
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Spatially explicit analysis identifies significant potential for
In China, economic costs to abate 1, 3, and 5 Gt CO 2-eq year −1 are estimated to be $64, $293, and $819 billion year −1, of which 29%, 37%, and 34% are spent on biomass acquisition and 8%, 9% ...Web
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How does coal consumption constraint policy affect
In recent years, energy efficiency has been considered an extremely cost-effective way to reduce greenhouse gas emissions. China is a country with the world's largest coal consumption and heavy reliance on thermal power generation. Therefore, the relationship between the coal consumption constraint policy (CCCP) in China and …Web
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Do homeowners benefit when coal-fired power plants switch to …
Coal-fired power plants are among the biggest air polluters both in China and globally. In 2013, China launched a pilot project to switch its power plants from coal to natural gas to curb coal-fired plants' detrimental effects on air quality. Debates about this policy mainly invoke the costs, but no study examines whether the change led to cleaner …Web
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Coal Consumption in China
extension, coal consumption. Figure 3: Real GDP Growth by Sector and Economy-Wide in China, 1993-2020 Figure note: Note the similarities and differences between what occurred after than 1997 Asian financial crisis and the 2007-2008 global financial crisis. After the former, secondary sector GDP fell and economic growth shiftedWeb
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Do Homeowners Benefit When Coal-fired Power Plants …
In 2013, China launched a pilot project to switch its power plants from coal to natural gas to curb coal-fired plants' detrimental effects on air quality. Debates about this policy mainly invoke costs, but no study examines whether the the change led to cleaner air and associated economic benefits. This article provides the first causalWeb
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How Replacing Coal With Renewable Energy Could Pay For Itself
Significant benefits . The analysis shows that phasing out coal isn't just urgent because it would help limit the global temperature increase to 1.5 degrees Celsius. Importantly, the economic and health benefits are significant enough that we should push harder for global agreements that unleash the potential power of capital markets.Web
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Social and economic costs and benefits of coal
India and China are expected to increase coal-fired power generation substantially, while overall coal demand globally is expected to grow by 6% in 2021 (IEA, 2021a). ... The economic and social benefit of coal mining: The case of regional Queensland. Australian Journal of Agricultural and Resource Economics, 64 (2020), pp. …Web
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Coal Consumption in China
Summary Although we often think of China's eforts to reduce coal consumption and greenhouse gas emissions through the narrow lens of energy policy, changes in its …Web
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How does coal consumption constraint policy affect electrical …
Due to many advantages such as large reserves and low prices, coal has been dominant in China's energy consumption, which far exceeds the average of 20% in developed countries (Guo et al., 2018). However, while supporting the rapid development of China's economy and society, it can also bring severe environmental problems (Hao et …Web
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Looking beyond the Energy Price Shock to China's Low Carbon …
First, accelerating the energy transition would strengthen Beijing's resilience to the volatility of global fossil fuel prices by reducing its dependence on oil & gas imports. Last year alone, China imported fossil fuels – oil, gas, and coal – worth $ 365.7 billion – the equivalent of more than two percent of the country's gross domestic ...Web
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Impacts of Coal Use on Health | Annual Review of Public Health
Despite recognition of the need to reduce the environmental impacts of burning coal, coal remains a key resource in economic development efforts in China, India and many other countries . World coal consumption is not declining and reached an all-time peak in 2018, the most recent year of data at the time of this writing, as measured by ...Web
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Enabling China to shift from coal to natural gas
One approach that's likely to significantly reduce coal use is China's upcoming national carbon emission cap-and-trade system, a key enabler of its pledge at …Web
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China's Economy Is Based on Fossil Fuels
China plans to build 250 gigawatts of coal-fired generating capacity to add to its current coal-fired fleet of over 1,000 …Web
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Coal's health and environmental costs outweigh economic benefits
For coal-heavy economies like China and India, quitting coal would even close the gap by 80-90 per cent until 2030." ... The study found that benefits from reduced health and ecosystem impacts clearly overcompensate the direct economic costs of a coal exit. They amount to a net saving effect of about 1.5 per cent of global economic output …Web
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The economics of clean coal power generation with carbon
Notably, China's coal-fired power generation costs remain relatively low compared to developed countries, with LCOE for the four units without carbon capture …Web
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Do homeowners benefit when coal-fired power plants switch to …
In 2013, China launched a pilot project to switch its power plants from coal to natural gas to curb coal-fired plants' detrimental effects on air quality. Debates about this policy mainly invoke the costs, but no study examines whether the change led to cleaner air and associated economic benefits.Web
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The Health and Climate Benefits of Economic …
China's power system is highly regulated and uses an "equal-share" dispatch approach. However, market mechanisms are being introduced to reduce generation costs and improve system reliability. …Web
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Does coal mining benefit local communities in the long run? A
When solely considering the economic benefits of each scenario, coal mining is by far the better option, generating 10 to 14 times more benefits than grazing and 800 to 3000 times more benefits than nature conservation. ... Chinese imports of metallurgical coal could slow down, partially due to China's increasing domestic production (IEA, 2019 ...Web
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Air quality and health co-benefits of China's carbon dioxide
Here we focus on the economic costs and health benefits of different carbon mitigation pathways, considering both possible socio-economic futures and varying ambitions of climate policies ...Web
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Economic and environmental influences of coal resource tax in China…
Compared with oil and natural gas, an appropriate reform on coal resource tax would certainly benefit China, in terms of improving energy structure and mitigating carbon emissions (Xu et al., 2015).Specifically, the traditional volume-based resource tax encourages resource companies to develop and utilize high-quality mineral resources …Web
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Social and Economic Impact Assessment of Coal Power Phase …
With the rollout of the carbon peak and neutrality targets, conventional coal-fired power plants will gradually be phased down in China's power system in an orderly manner. The economic and social impact of the energy transition is a vital topic that requires scientific measurements and evaluation. In this paper, we establish a …Web
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As China Converts to Clean Energy, s Should …
Many of China's s still rely on small coal stoves for heat, which causes air pollution that damages health. To address these problems, the Chinese government launched a five-year "Clean Heating Plan" in 2017 with the goal of transitioning 70% of northern s away from coal and toward cleaner heating options.Web
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By the Numbers: How the U.S. Economy Can Benefit from …
Reducing greenhouse gas emissions in the United States doesn't hurt the economy—in fact, it can actually benefit the economy by saving businesses and consumers money and improving public health. That's the big finding of our new study, Seeing Is Believing, which analyzes opportunities to reduce greenhouse gas emissions …Web
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