Projects Decision-Making for Construction Enterprise under the Carbon Tax Policy

Abstract

Carbon tax policy is considered to be one of the effective measures to mitigate global warming. The construction industry, as a main source of carbon dioxide emissions, in the context of carbon tax policy, will face the fact that there is a sharp increase in the total construction costs. In order to reduce effectively carbon emissions in the construction project, and maximize the construction enterprises’ profit, this study aims to apply life cycle assessment in order to assess CO2 emission costs and adopt a mathematical programming approach to allocate limited resources. A case study demonstrates the validity of the proposed methodology.