Incorporating life cycle assessments into building project decision-making: An energy consumption and CO2 emission perspective

Wen-Hsien Tsai, Sin-Jin Lin, Jau-Yang Liu, Wan-Rung Lin and Kuen-Chang Lee

Energy, 2011, vol. 36, issue 5, 3022-3029

Abstract: In the past two decades, the globalization of financial markets and multinational trade has intensified internationally, and become increasingly competitive. In the construction industry, critical changes are initiated to reduce operating costs for achieving sustainable operation. Conventional cost pricing for building projects no longer apply as energy shortage and environmental pollution are new challenges faced by construction companies. Many countries have attempted to solve the CO2 emission problems by levying a carbon tax, which leads to a higher cost for construction companies. Therefore, this study aims to adopt life cycle assessment (LCA) in order to assess CO2 emission costs and apply a mathematical programming approach to allocate limited resources to maximize profits for construction companies.

Keywords: CO2 emission cost; Life cycle assessment; Project lifecycle; Project management; Mathematical programming (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (19)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:36:y:2011:i:5:p:3022-3029

DOI: 10.1016/j.energy.2011.02.046

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