Low-carbon Business Strategy Design And Selection In Response To Climate Policy Based On Techno-Economic Analysis

Climate change is a long-term, global issue requiring the world economy at any corners to be transformed or join an economic revolution to deal with it effectively. Industries are the biggest emitter of carbon, playing central role in abate-ment. The stringent climate policy will have important implications for business, partic-ularly for industries. This research offers a quantitative economic and technological model to help industrial firms set up business strategy and investment plan in response to constraints of climate policy.The methodology of this research first be based on solid theoretical background which specifies relevant concepts and snapshot relations among production, operation, management and abatement options. We will arrange and show these relations in an en-terprise use-make table. Currently, there are increasing interests in business' responses to climate change, but few researches are able to synthesize multiple factors or forces into a unique framework to get insight. We will attempt to pioneer this aspect to a cer-tain degree. Differing from other researches, the innovation of this work is that it not only considers economic but also environmental relations. On basis of the table, we will develop a quantitative economic model to mimic current operation of firms. The results of the model shall be able to describe an ideal pattern of firm's operation and suggest implementing strategy in future.