Faculty Advisor

Kazantzis, Nikolaos K.

Faculty Advisor

Saeed, Khalid

Abstract

A December 2004 report by the National Commission on Energy Policy outlined a plan to implement a nationwide, economy-wide emissions allowance trading program governing the generation of carbon dioxide. This report models such an emissions trading program using system dynamics to verify the feasibility of the NCEP's plan. The model created indicates that such a program, properly managed, can control emissions and encourage green energy use without restricting economic growth. However, careful management is required to balance economic growth with the development and implementation of alternative, low-polluting energy sources.

Publisher

Worcester Polytechnic Institute

Date Accepted

January 2006

Major

Chemical Engineering

Project Type

Major Qualifying Project

Accessibility

Restricted-WPI community only

Advisor Department

Chemical Engineering

Advisor Department

Social Science and Policy Studies

Advisor Program

Chemical Engineering

Advisor Program

Social Science and Policy Studies

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