Abstract
This paper addresses the GHG emissions from oil and gas extraction, production and combustion and other emissions sources in Libya. In general, this research deals with the primary energy tracing from well to wheel leading to inventor of pollutants emitted through this path. This study presents the first work conducted in the estimation of costs of the environmental damages caused by GHG emissions from Libyans activities, we involved not only the energy or industrial facilities but also the waste and livestock in this process. For Libyan market, we adopted a cost of CO2e is 44 LD/ton CO2e (which equivalents to 32 US$ or 29 �, the present study reveals that the prices of all fusel fuel must be increased by 79%, 138%, 19% and 80% for Gasoline, Diesel, Air-jet fuel and LPG respectively, and by 8%, 143%, 6%, 3% and 14% for air traveling tickets, MWh of electricity, ton of steel, ton of cement, kg of red meat and ton of garbage, respectively. The total revenue as a result of the implementation of carbon tax is 4.4 billion LD which equivalent to 10% of the Libyan GDP in 2015. The followed procedure enables to investigate the effect of each type of energy, production or service on the environment individually. This research paved the road for more intensive researches to account all pollutants in the social-economical-environmental system.
Highlights
Global warming is seen by many as one of the greatest challenges the world faces today
This study presents the first work conducted in the estimation of costs of the environmental damages caused by GHG emissions from Libyans activities, we involved the energy or industrial facilities and the waste and livestock in this process
For Libyan market, we adopted a cost of CO2e is 44 LD/ton CO2e, the present study reveals that the prices of all fusel fuel must be increased by 79%, 138%, 19% and 80% for Gasoline, Diesel, Air-jet fuel and liquefied petrol gas (LPG) respectively, and by 8%, 143%, 6%, 3% and 14% for air traveling tickets, MWh of electricity, ton of steel, ton of cement, kg of red meat and ton of garbage, respectively
Summary
Global warming is seen by many as one of the greatest challenges the world faces today. Environmental damage costs of carbon CO2e emissions represent the uncompensated monetary values of environmental and health damages it causes. These costs—sometimes called external costs—are imposed on society and the environment, and are not accounted for by the producers or the consumers. Oil is used to power our vehicles, to create medicines that keep us healthy, and to make the plastics, cosmetics, and other personal products that enhance our daily lives. None of these products would exist without very complicated and very maculated process. Crude oil is extracted, refined, transmitted, stored and at the end burned
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
