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Title: Policy analysis model incorporating acid rain and sulfur dioxide damages associated with power plant conversions from oil to coal in the state of Florida

Thesis/Dissertation ·
OSTI ID:5780157

The analysis described demonstrates the use of benefit/cost sensitivity analysis in examining the wide range of potential damages and savings associated with converting oil-fired electric utility boilers to burn coal in Florida. This model, for the first time incorporates, in quantitative terms, environmental economic externalities into a benefit/cost ratio sensitivity analysis framework. Five different dose-response estimates of morbidity and mortality costs, property devaluation, and willing-to-pay estimates are used in combination with four acid rain dose-response models to estimate the net present worth of externality costs. The model estimates the net present worth of benefits by incorporating into a dynamic framework all relevant construction, O + M, and fuel costs of converting an electrical generation facility from using oil to coal. These benefits of fuel savings are then weighted against various combinations of externality costs associated with increased sulfur oxide emission from the converted units. The policy analysis simulations provided in this study demonstrate that the economic externalities associated with uncontrolled emissions are frequently far greater than the higher operation and maintenance and capital costs of the most expensive emission control equipment.

OSTI ID:
5780157
Resource Relation:
Other Information: Thesis (Ph. D.)
Country of Publication:
United States
Language:
English

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