Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
6683296 | Applied Energy | 2016 | 11 Pages |
Abstract
In 2008, two pipeline companies proposed the construction of an ethanol pipeline from the Midwest to Northeast United States. This proposed project informs our case study of a 2735-km $3.5 billion pipeline (2009 USD), for which we evaluate potential long-term societal impacts including life-cycle costs, greenhouse gas emissions, employment, injuries, fatalities, and public health impacts. Although it may take decades to break even economically, and would result in lower cumulative employment, such a pipeline would likely have fewer safety incidents, pollution emissions, and health damages than the alternative multimodal system in less than ten years; these results stand even if comparing future cleaner ground transport modes to a pipeline that utilizes electricity produced from coal. Monetization of externalities can significantly enhance the value of a pipeline to society. In this study, a pipeline with a construction cost of $1.37Â million/km in 2014 USD and a NPV of revenue over 22.2Â years of $1.85Â million/km would be associated with $0.5-$1.3Â million/km in avoided negative externalities-the majority of which are expected from avoided air pollution-related deaths ($0.26-$1.0Â million/km) and avoided GHG emissions ($0.12-$0.19Â million/km).
Keywords
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Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Bret Strogen, Kendon Bell, Hanna Breunig, David Zilberman,