Industrial ecology and carbon property rights

Giurco, D; Prior, J; Boydell, S

Industrial ecology and carbon property rights

Giurco, D

Prior, J

Boydell, S

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Publication Type:: Journal Article
Citation:: Journal of Cleaner Production, 2014, 80 pp. 211 - 223
Issue Date:: 2014-10-01

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Field	Value	Language
dc.contributor.author	Giurco, D https://orcid.org/0000-0002-1707-9531	en_US
dc.contributor.author	Prior, J https://orcid.org/0000-0002-6145-5207	en_US
dc.contributor.author	Boydell, S	en_US
dc.date.available	2020-05-25T19:15:36Z
dc.date.issued	2014-10-01	en_US
dc.identifier.citation	Journal of Cleaner Production, 2014, 80 pp. 211 - 223	en_US
dc.identifier.issn	0959-6526	en_US
dc.identifier.uri	http://hdl.handle.net/10453/30690
dc.description.abstract	This paper examines the potential for property rights in carbon to affect industrial ecology opportunities. Given that emissions trading schemes for greenhouse gases are becoming more widely implemented, the definition of the carbon property right can affect barriers and opportunities for industrial ecology, alongside other factors. The paper uses legislation for emissions trading in Australia and two possible scenarios for the future of energy generation in the Latrobe Valley, Australia in 2050 as an illustrative case study to identify issues for industrial ecology arising from ill-defined carbon property rights. Currently, electricity generation in the region is reliant on coal-based generators. Scenario one focuses on bio-industries and renewables with no coal usage; and scenario two focuses on electricity from coal with carbon capture and storage resulting in moderate to high coal use. If a carbon property right for soil carbon emerges before a property right for subterranean carbon, then bio-based industrial ecology opportunities could be enabled ahead of a regional symbiosis involving carbon capture and storage. A generalised framework for considering the intersection of industrial ecology and carbon property rights is presented with a focus on tensions in: contributing to sustainable development, system boundaries and finally exchange mechanisms. © 2014 Elsevier Ltd. All rights reserved.	en_US
dc.relation.ispartof	Journal of Cleaner Production	en_US
dc.relation.isbasedon	10.1016/j.jclepro.2014.05.079	en_US
dc.subject.classification	Environmental Sciences	en_US
dc.title	Industrial ecology and carbon property rights	en_US
dc.type	Journal Article
utslib.citation.volume	80	en_US
utslib.for	0907 Environmental Engineering	en_US
utslib.for	0915 Interdisciplinary Engineering	en_US
utslib.for	0910 Manufacturing Engineering	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/DVC (Research)
pubs.organisational-group	/University of Technology Sydney/DVC (Research)/Institute For Sustainable Futures
pubs.organisational-group	/University of Technology Sydney/e-Press
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building/School of Built Environment
pubs.organisational-group	/University of Technology Sydney/Strength - CCDP - Contemporary Design Practice
pubs.organisational-group	/University of Technology Sydney/Strength - ISF - Institute for Sustainable Futures
utslib.copyright.status	open_access
pubs.publication-status	Published	en_US
pubs.volume	80	en_US

Abstract:

This paper examines the potential for property rights in carbon to affect industrial ecology opportunities. Given that emissions trading schemes for greenhouse gases are becoming more widely implemented, the definition of the carbon property right can affect barriers and opportunities for industrial ecology, alongside other factors. The paper uses legislation for emissions trading in Australia and two possible scenarios for the future of energy generation in the Latrobe Valley, Australia in 2050 as an illustrative case study to identify issues for industrial ecology arising from ill-defined carbon property rights. Currently, electricity generation in the region is reliant on coal-based generators. Scenario one focuses on bio-industries and renewables with no coal usage; and scenario two focuses on electricity from coal with carbon capture and storage resulting in moderate to high coal use. If a carbon property right for soil carbon emerges before a property right for subterranean carbon, then bio-based industrial ecology opportunities could be enabled ahead of a regional symbiosis involving carbon capture and storage. A generalised framework for considering the intersection of industrial ecology and carbon property rights is presented with a focus on tensions in: contributing to sustainable development, system boundaries and finally exchange mechanisms. © 2014 Elsevier Ltd. All rights reserved.

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http://hdl.handle.net/10453/30690