Evaluation of Benefits and Health Co-Benefits of GHG Reduction for Taiwan’s Industrial Sector under a Carbon Charge in 2023–2030
Abstract
:1. Introduction
2. Methodology
2.1. The Need to Account for the Health Co-Benefits of GHG Emission Reductions
2.2. Methodology Outline for the Monetary Benefits from GHG Reductions and Monetary Health Co-Benefits from Air Pollution Reduction
2.3. Model Construction for the Emission Reductions of GHGs and Air Pollutants
2.4. Monetary Aspects of Emission Reductions of GHGs and of Air Pollution
2.4.1. Evaluating the Monetary Benefits of GHG Reduction
2.4.2. Evaluation of the Monetary Health Co-Benefits of Air Pollution Reductions
The Relationship between Emissions of Air Pollution and Their Concentrations
Estimations for Contracting Certain Diseases and Emission Concentrations
Monetize the Damage from Contracting a Particular Health Incidence
3. Scenario Assumptions and Simulation Results
3.1. Principle of Carbon Charge and Emission Allocations among Manufacturers in the Industrial Sector in Taiwan
3.2. Scenarios Designed for Benefit Simulations of Emission Reductions
3.2.1. Results for Scenario 1: The Carbon Charge on Scope 1 and Scope 2 Emissions for 25 Manufacturers in the Industrial Sector
3.2.2. Results for Scenario 2: The Carbon Charge on Scope 1 Emissions for 25 Manufacturers in the Industrial Sector
4. Conclusions
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Acknowledgments
Conflicts of Interest
References
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Year | Discount Rate | ||
---|---|---|---|
Average SCC under a 5% Discount Rate | Average SCC under a 3% Discount Rate | Average SCC under a 2.5% Discount Rate | |
2020 | 14 | 51 | 76 |
2025 | 17 | 56 | 83 |
2030 | 19 | 62 | 89 |
2035 | 22 | 67 | 96 |
2040 | 25 | 73 | 103 |
2045 | 28 | 79 | 110 |
2050 | 32 | 85 | 116 |
Pollutant | Point Source | Line Source 2 | Area Source |
---|---|---|---|
PM2.5 | 0.00009866 | 0.00013522 | 0.00007858 |
SOx | 0.00001413 | -- | 0.00002752 |
NOx | 0.00000500 | 0.00000629 | 0.00004108 |
Year | Projected Population (Persons) |
---|---|
2023 | 23,487,421 |
2024 | 23,471,823 |
2025 | 23,436,816 |
2026 | 23,402,062 |
2027 | 23,360,315 |
2028 | 23,313,038 |
2029 | 23,260,030 |
2030 | 23,201,540 |
Parameter | Value | Definition |
---|---|---|
11.93 | The VSL computed in the study by [75] in 2019; unit: million US$ | |
0.2476 | The earnings elasticity estimated for monthly earnings between US$ 1333.3 and US$ 1600.01 | |
1333.3 | Average monthly earnings in US$ in 2014 | |
1600.01 | Average monthly earnings in US$ in 2020 | |
98.93 | The consumer price indices d for 2014 and 2020, with A base year of 2015; i.e., | |
102.55 |
Manufacturer | Health Co-Benefits (Million US$) | Share of Health Co-Benefit of Each Manufacturer (%) | GHGs Reduction Benefits (Million US$) | Share of GHG Reduction Benefits of Each Manufacturer (%) | Total Benefits (Million US$) | Share of Total Benefits of Each Manufacturer (%) |
---|---|---|---|---|---|---|
Manufacturers of Basic Metals | 285.73 | 41.98 | 45.86 | 32.48 | 331.59 | 40.34 |
Manufacturers of Other Non-metallic Mineral Products | 233.19 | 34.26 | 27.31 | 19.34 | 260.50 | 31.69 |
Manufacturers of Chemical Materials | 83.64 | 12.29 | 34.21 | 24.23 | 117.85 | 14.34 |
Manufacturers of Petroleum and Coal Products | 15.65 | 2.30 | 11.54 | 8.17 | 27.18 | 3.31 |
Manufacturers of Paper and Paper Products | 15.53 | 2.28 | 3.90 | 2.76 | 19.43 | 2.36 |
Manufacturers of Chemical Products | 13.56 | 1.99 | 1.56 | 1.10 | 15.11 | 1.84 |
Manufacturers of Electronic Parts and Components | 3.16 | 0.46 | 8.06 | 5.71 | 11.22 | 1.37 |
Manufacturers of Textiles | 8.47 | 1.24 | 2.13 | 1.51 | 10.60 | 1.29 |
Manufacturers of Fabricated Metal Products | 7.20 | 1.06 | 2.84 | 2.01 | 10.05 | 1.22 |
Manufacture of Plastics Products | 4.31 | 0.63 | 1.51 | 1.07 | 5.82 | 0.71 |
Manufacturers of Food Products | 4.39 | 0.65 | 0.43 | 0.30 | 4.82 | 0.59 |
Other Manufacturing | 1.89 | 0.28 | 0.50 | 0.35 | 2.39 | 0.29 |
Manufacturers of Rubber Products | 1.44 | 0.21 | 0.38 | 0.27 | 1.82 | 0.22 |
Manufacturers of Electrical Equipment | 0.83 | 0.12 | 0.14 | 0.10 | 0.97 | 0.12 |
Manufacturers of Wood and of Products of Wood and Bamboo | 0.74 | 0.11 | 0.07 | 0.05 | 0.81 | 0.10 |
Printing and Reproduction of Recorded Media | 0.25 | 0.04 | 0.19 | 0.13 | 0.44 | 0.05 |
Manufacturers of Machinery and Equipment | 0.24 | 0.03 | 0.18 | 0.13 | 0.42 | 0.05 |
Manufacturers of Motor Vehicles and Parts | 0.19 | 0.03 | 0.16 | 0.11 | 0.35 | 0.04 |
Manufacturers of Other Transport Equipment and Parts | 0.09 | 0.01 | 0.06 | 0.04 | 0.15 | 0.02 |
Manufacturers of Computers, Electronic and Optical Products | 0.01 | 0.00 | 0.09 | 0.07 | 0.10 | 0.01 |
Manufacturers of Pharmaceuticals and Medicinal Chemical Products | 0.06 | 0.01 | 0.03 | 0.02 | 0.08 | 0.01 |
Manufacturers of Leather, Fur and Related Products | 0.07 | 0.01 | 0.01 | 0.01 | 0.08 | 0.01 |
Manufacturers of Beverages and Tobacco | 0.04 | 0.01 | 0.01 | 0.01 | 0.05 | 0.01 |
Manufacturers of Furniture | 0.03 | 0.00 | 0.01 | 0.01 | 0.05 | 0.01 |
Manufacturers of Wearing Apparel and Clothing Accessories | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 |
Total benefits of 25 manufacturers | 680.71 | 100.00 | 141.19 | 100.00 | 821.90 | 100.00 |
Average for 25 manufacturers | 27.23 | 82.82 | 5.65 | 17.18 | 32.88 | 100.00 |
Manufacturer category | Health Co-Benefits (Million US$) | Share of Health Co-Benefit of Each Manufacturer (%) | GHG Reduction Benefits (Million US$) | Share of GHG Reduction Benefits of Each Manufacturer (%) | Total Benefits (Million US$) | Share of Total Benefits of Each Manufacturer (%) |
---|---|---|---|---|---|---|
Manufacturers of Basic Metals | 318.58 | 39.75 | 51.13 | 29.44 | 369.71 | 37.91 |
Manufacturers of Other Non-metallic Mineral Products | 259.17 | 32.34 | 30.35 | 17.47 | 289.52 | 29.69 |
Manufacturers of Chemical Materials | 119.00 | 14.85 | 48.67 | 28.02 | 167.68 | 17.20 |
Manufacturers of Petroleum and Coal Products | 22.79 | 2.84 | 16.80 | 9.67 | 39.60 | 4.06 |
Manufacturers of Paper and Paper Products | 19.78 | 2.47 | 4.96 | 2.86 | 24.75 | 2.54 |
Manufacturers of Chemical Products | 16.26 | 2.03 | 1.87 | 1.07 | 18.12 | 1.86 |
Manufacturers of Textiles | 12.20 | 1.52 | 3.06 | 1.76 | 15.26 | 1.56 |
Manufacturers of Fabricated Metal Products | 8.73 | 1.09 | 3.45 | 1.98 | 12.18 | 1.25 |
Manufacturers of Electronic Parts and Components | 3.16 | 0.39 | 8.05 | 4.63 | 11.21 | 1.15 |
Manufacturers of Food Products | 7.70 | 0.96 | 0.75 | 0.43 | 8.46 | 0.87 |
Manufacturers of Plastics Products | 5.67 | 0.71 | 2.00 | 1.15 | 7.67 | 0.79 |
Other Manufacturing | 3.06 | 0.38 | 0.81 | 0.47 | 3.87 | 0.40 |
Manufacturers of Rubber Products | 1.88 | 0.23 | 0.50 | 0.29 | 2.38 | 0.24 |
Manufacturers of Electrical Equipment | 1.10 | 0.14 | 0.18 | 0.10 | 1.28 | 0.13 |
Manufacturers of Wood and of Products of Wood and Bamboo | 1.00 | 0.12 | 0.10 | 0.06 | 1.09 | 0.11 |
Printing and Reproduction of Recorded Media | 0.36 | 0.04 | 0.27 | 0.15 | 0.62 | 0.06 |
Manufacturers of Machinery and Equipment | 0.29 | 0.04 | 0.22 | 0.13 | 0.52 | 0.05 |
Manufacturers of Motor Vehicles and Parts | 0.26 | 0.03 | 0.21 | 0.12 | 0.48 | 0.05 |
Manufacturers of Other Transport Equipment and Parts | 0.12 | 0.01 | 0.08 | 0.05 | 0.20 | 0.02 |
Manufacturers of Pharmaceuticals and Medicinal Chemical Products | 0.09 | 0.01 | 0.04 | 0.02 | 0.13 | 0.01 |
Manufacturers of Computers, Electronic and Optical Products | 0.01 | 0.00 | 0.12 | 0.07 | 0.13 | 0.01 |
Manufacturers of Leather, Fur and Related Products | 0.10 | 0.01 | 0.02 | 0.01 | 0.12 | 0.01 |
Manufacturers of Beverages and Tobacco | 0.08 | 0.01 | 0.02 | 0.01 | 0.10 | 0.01 |
Manufacturers of Furniture | 0.04 | 0.01 | 0.02 | 0.01 | 0.06 | 0.01 |
Manufacturers of Wearing Apparel and Clothing Accessories | 0.00 | 0.00 | 0.02 | 0.01 | 0.02 | 0.00 |
Total benefits of 25 manufacturers | 801.43 | 100.00 | 173.71 | 100.00 | 975.14 | 100.00 |
Average for 25 manufacturers | 32.06 | 82.19 | 6.95 | 17.81 | 39.01 | 100.00 |
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Wu, P.-I.; Liou, J.-L.; Huang, T.-K. Evaluation of Benefits and Health Co-Benefits of GHG Reduction for Taiwan’s Industrial Sector under a Carbon Charge in 2023–2030. Int. J. Environ. Res. Public Health 2022, 19, 15385. https://0-doi-org.brum.beds.ac.uk/10.3390/ijerph192215385
Wu P-I, Liou J-L, Huang T-K. Evaluation of Benefits and Health Co-Benefits of GHG Reduction for Taiwan’s Industrial Sector under a Carbon Charge in 2023–2030. International Journal of Environmental Research and Public Health. 2022; 19(22):15385. https://0-doi-org.brum.beds.ac.uk/10.3390/ijerph192215385
Chicago/Turabian StyleWu, Pei-Ing, Je-Liang Liou, and Ta-Ken Huang. 2022. "Evaluation of Benefits and Health Co-Benefits of GHG Reduction for Taiwan’s Industrial Sector under a Carbon Charge in 2023–2030" International Journal of Environmental Research and Public Health 19, no. 22: 15385. https://0-doi-org.brum.beds.ac.uk/10.3390/ijerph192215385