Abstract—The goal of Taiwan’s Intended Nationally
Determined Contributions (INDCs) was to reduce greenhouse
gas (GHG) emissions by 20% and 50% from 2005 to 2030 and
2050, respectively. This aggregated goal was distributed into
industrial level in this study in two steps. First, the industrial
GHG emissions from consuming coal, petroleum, gas, and
electricity in 27 sectors was calculated. Second, a model
connecting economic variables, energy demands, and emissions
from 1982 to 2014 was built to analyze the effects of reducing
GHG emissions. Emitting the highest GHG in Taiwan, the
chemical material and product industry was chosen as a case
study. The estimated results indicate that marginal costs of
reducing 461,967 ton CO2 (1.192%) were decreasing TWD
7,328 million capitals or 22,934 labors, causing the value added
decrease by TWD 5,655 million (1%) in the chemical material
and product industry. In other words, any investments, whose
costs are lower than these marginal costs, are worthy to do.
Index Terms—Energy consumption, energy price, CES
production function, INDCs.
Yu-Wen Su is with the Industrial Economic and Knowledge Center,
Industrial Technology Research Institute, Hsinchu, Taiwan (e-mail:
sophieywsu@gmail.com).
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Cite:Yu-Wen Su, "Industrial Effects of Reducing Greenhouse Gas Emissions: A Case Study of Chemical Material and Product Industry in Taiwan," Journal of Clean Energy Technologies vol. 6, no. 2, pp. 165-170, 2018.
