http://dx.doi.org/10.1016/j.tej.2014.03.009">
 

Document Type

Journal Article

Department/Unit

Department of Economics

Title

Residential willingness-to-pay for reducing coal-fired generation's emissions in Hong Kong

Language

English

Abstract

Hong Kong residents' willingness-to-pay estimate for a 30 percent emissions reduction via natural-gas-fired generation is an 18 percent annual electricity bill increase, twice the estimate for nuclear power. Since these WTP estimates are below the projected bill increase required to achieve the government's emissions reduction target, they suggest that a narrow supply-side focus on the generation fuel mix may not be publicly acceptable. The solution is a more comprehensive policy that would include energy efficiency investment and vehicular emissions reductions. © 2014 Elsevier Inc.

Publication Date

2014

Source Publication Title

Electricity Journal

Volume

27

Issue

3

Start Page

50

End Page

66

Publisher

Elsevier

ISSN (print)

10406190

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