Cost benefit analysis of the fuel switch performed by Maersk Line in the port of Singapore
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Stevers, G.H.1, Forfatter
Olsen, S.B.1, Vejleder
1Det Biovidenskabelige Fakultet, København, Danmark, diskurs:18              
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 Abstract: In this Cost Benefit Analysis the net social welfare benefit of the fuel switch performed by Maersk Line in Singapore is estimated. Switching to low-sulphur fuel decreases the emissions of SOx and PM2.5 from container vessels. Using benefit transfer, the social welfare costs for these pollutants are derived from previous studies carried out in Copenhagen, London and an ?average European city?. The four steps of the Impact Pathway Approach are described to correct for differences in characteristics between the study and policy sites and to utline the critical assumptions made. The fuel switch, from 2.8%S HFO to 1.0% LSFO, has a net social welfare benefit for the population of Singapore of 5000 US$ per ton of fuel. Switching to 0.1% MGO would increase the net social welfare benefit by 2300 US$ at an additional cost of 200 US$. These results encourage further action by the Government of Singapore. Suggestions are made to either continue efforts to establish a regional Emission Control Area or to increase compensation payments for international shipping lines requiring them to perform fuel switches to 0.1% MGO.
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 Type: Speciale
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Sprog: English - eng
 Datoer: 2011
 Sider: 58 pages
 Publiceringsinfo: København, Danmark : Fødevareøkonomisk Institut
 Indholdsfortegnelse: -
 Note: The Master of Science Programme in Environmental and Natural Resource Economics, Environmental and Natural Resource Economics
 Type: Speciale
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