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Collecting Coal Fired Power Environmental Tax to promote Wind Power Development and Environmental Improvement

Yanan Li, Peng Yang () and Huajun Wang
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Yanan Li: Department of new energy science and engineering, Hebei University of Technology, No. 8, glorious road, Hongqiao District, Tianjin, China.
Peng Yang: Department of new energy science and engineering, Hebei University of Technology, No. 8, glorious road, Hongqiao District, Tianjin, China.
Huajun Wang: Department of new energy science and engineering, Hebei University of Technology, No. 8, glorious road, Hongqiao District, Tianjin, China.

Acta Scientifica Malaysia (ASM), 2018, vol. 2, issue 1, 5-8

Abstract: A large part of air pollutant emissions such as PM2.5 in China is from coal-fired power. At present, the cost of coalfired power is only calculated the cost of energy conversion and equipment investment, but the environmental cost in generation process is not reflected in the pricing mechanism. This paper puts forward the concept of “coal-fired power environmental tax”, which caused by environmental damage and economic losses, and converts it to full cost by the method of “coal-fired power full cost”. Only in this concept, it is scientific for comparison between coal-fired power and renewable energy power like wind power. Analysis shows that the full cost of coal-fired power is higher than the full cost of wind power when collecting environmental tax. This paper gives advice of “coal-fired power environmental tax” to promote the development of renewable energy such as wind power and improve the atmosphere.

Keywords: Coal-fired Power Environmental Tax; Full Cost; Conversion of Environmental Cost; Wind Power Development; Environmental Improvement. (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:zib:zbnasm:v:2:y:2018:i:1:p:5-8

DOI: 10.26480/asm.01.2018.05.08

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