Economic value of carbon sequestration in conservation forests for geothermal power plant development areas
| Autor: | A F Ladiba, G P Srikandi, A L Sihombing, H A Rasyid, I M A D Susila, M I A Irsyad |
|---|---|
| Rok vydání: | 2022 |
| Předmět: | |
| Zdroj: | IOP Conference Series: Earth and Environmental Science. 1108:012025 |
| ISSN: | 1755-1315 1755-1307 |
| Popis: | The government commits to reduce emissions in the energy sector by using new and renewable energy by targeting the development of geothermal power plants (GPP) of 7,241.5 MW in 2025. Approximately 58% of geothermal potential is in forest areas with a carbon absorption function. This study will calculate the potential loss of carbon stock and the economic valuation of the carbon sequestration function in forest areas. The location of study is Mount Ciremai National Park (MCNP). The study was conducted on 4022.37 hectares which will be used as the location of the initial study and geothermal exploration area. The potential area of GPP location is divided into: avoid area, minimize area, restore area, and utilization area, considering the land slope level and zoning. The potential carbon stock lost due to the entry of the GPP project in MCNP is 168,311.99 tons of CO2, or 17.95% of the total potential carbon stock in the study area. The economic valuation of carbon stocks using the economic value of carbon is Rp. 5,049,359,810.00. This value is the cost of externalities as compensation for carbon loss from land conversion activity. It should include as input to the economic analysis of geothermal project development. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|