Publication
Liquefied Natural Gas as an alternative fuel: a regional-level social cost-benefit appraisal
| dc.contributor.author | Moreira, Paulo Jorge Pires | |
| dc.contributor.author | Caetano, Fernando J. P. | |
| dc.date.accessioned | 2017-12-29T13:51:05Z | |
| dc.date.available | 2017-12-29T13:51:05Z | |
| dc.date.issued | 2017-11 | |
| dc.description.abstract | The impact from traditional marine fuels has the potential of causing health and non-health damages and contributes to climate change. Here, the introduction of Liquefied Natural Gas (LNG) as an energy end-use fuel for marine purposes is analysed. The aim of this study is to verify LNG’s policy implementation feasibility as a step-change for a low carbon perspective for shipping by means of developing a social cost-benefit analysis on a regional basis. Emissions from the Portuguese merchant fleet, weighted by their contribution to the National Inventory, were used to quantify and monetise climate, health and non-health externalities compared with benefits from LNG as a substitute fuel. Benefits from the policy implementation are those related to the reduction of external environmental, health and non-health impacts. Costs are those that nationals are willing to pay for. In this sense, to estimate the value of the atmospheric air - a non-market commodity - people were asked about the price they hypothetically are willing to pay by responding to a specific questionnaire. The present study, based on a social cost-benefit analysis, indicates that benefits are almost 8 times superior to the costs and is consistent with real world efficiency gains. Although it addresses Portuguese particularities, this methodology should be applied elsewhere. | pt_PT |
| dc.description.version | info:eu-repo/semantics/publishedVersion | pt_PT |
| dc.identifier.citation | Moreira, Paulo Jorge Pires; Caetano, Fernando J. P. - Liquefied Natural Gas as an alternative fuel: a regional-level social cost-benefit appraisal. "Eastern european business and economics journal" [Em linha]. ISSN 2256-0521 (Print) 2256-0904 (Onlie). Vol. 3, nº 2 (2017), p. 122-161 | pt_PT |
| dc.identifier.issn | 2256-0521 (Print) | |
| dc.identifier.issn | 2256-0904 (Online) | |
| dc.identifier.uri | http://hdl.handle.net/10400.2/6868 | |
| dc.language.iso | eng | pt_PT |
| dc.peerreviewed | yes | pt_PT |
| dc.publisher | Eastern European Business and Economics Journal | pt_PT |
| dc.relation.publisherversion | http://eebej.eu/Moreira-P-P-Caetano-F-2017-Liquefied-Natural-Gas-as-an-Alternative-Fuel-a-Regional-Level-Social-Cost-Benefit-Appraisal-Eastern-European-Business-and-Economics-Journal-32-122-161/ | pt_PT |
| dc.rights.uri | http://creativecommons.org/licenses/by-nc/4.0/ | pt_PT |
| dc.subject | Environmental | pt_PT |
| dc.subject | health and non-health impacts | pt_PT |
| dc.subject | Liquefied Natural Gas | pt_PT |
| dc.subject | Contingent valuation | pt_PT |
| dc.subject | Social cost-benefit analysis | pt_PT |
| dc.subject | Portuguese merchant fleet | pt_PT |
| dc.title | Liquefied Natural Gas as an alternative fuel: a regional-level social cost-benefit appraisal | pt_PT |
| dc.type | journal article | |
| dspace.entity.type | Publication | |
| oaire.citation.endPage | 161 | pt_PT |
| oaire.citation.startPage | 122 | pt_PT |
| oaire.citation.title | Eastern European Business and Economics Journal | pt_PT |
| person.familyName | Caetano | |
| person.givenName | Fernando J. P. | |
| person.identifier.ciencia-id | DE17-708E-317F | |
| person.identifier.orcid | 0000-0002-6821-1694 | |
| person.identifier.scopus-author-id | 7004474824 | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | article | pt_PT |
| relation.isAuthorOfPublication | f36ab422-62f8-4432-965c-73e36b0d25a2 | |
| relation.isAuthorOfPublication.latestForDiscovery | f36ab422-62f8-4432-965c-73e36b0d25a2 |