Exploring the investment cost of construction of renewable power plant considering the effect of climate impact

Abstract

By the end of the century, all countries must reduce carbon dioxide emissions to zero. As a result of deep decarbonization and the highest greenhouse gas emissions pathways, this study examines the effects of climate change on our planet. It is necessary to build renewable power plants in order to keep the global temperature well below 2 centigrade degrees. Despite this, building new renewable power plants costs almost twice as much as stranded fossil fuel power plants. Based on different emission reduction targets, this study compares the costs of different mitigation strategies. When comparing mitigation strategies, indirect consequences such as socioeconomic costs and environmental costs should be taken into account.

Evaluation of Rutting, Fatigue, and Moisture Resistance of Low-Energy Asphalt Mixtures Modified by Crumb Rubber

“…The occurrence of the industrial revolution and the development of technology have resulted in many environmental pollutions that threaten human societies [1,2]. Currently, the indiscriminate emission of greenhouse gases and global warming has caused many changes in the climate system, which can have irreparable consequences [3][4][5][6]. Today, there are cost-effective solutions that will lead the global community toward a cleaner and safer economy to promote sustainable development [7,8].…”