Abstract
We present a software system to create and implement internal markets in organizations that want to limit the CO2 emissions or the use of scarce resources by their employees. This system can be applied to domains such as business travel by distributing a limited number of permits for business travel-related CO2 emissions at the beginning of a period and then allowing the permits to be traded inside the organization. The system calculates the CO2 emissions caused by planned trips and provides the market mechanisms to trade the permits. The approach can be generalized from emission permits to any scarce good that is assigned by the management to units or individual members of the organization, such as parking spaces. Both cases are described by way of detailed examples.
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Notes
- 1.
The life cycle assessment data provided by ecoinvent [5], which is used by our system, takes into account all relevant greenhouse gases. The emissions are therefore calculated in kg CO2 equivalents (kg CO2eq). For simplicity, however, they are presented to the user as kg CO2.
- 2.
It would also be possible to choose a business class flight, resulting in significantly higher emissions (per person) compared to the economy flight.
- 3.
In an English auction the participants bid openly one against another. Each subsequent bid has to be higher than the previous one. When no participant bids further on the auction ends and the highest bidder must pay his bid.
References
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Ecoinvent Centre, ecoinvent data v3.0, Online Database. http://www.ecoinvent.org. 2013, Swiss Centre for Life Cycle Inventories, Zürich
FlightStats Flex API. https://developer.flightstats.com/api-docs/. Accessed 4 May 2014
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Maranghino-Singer, B., Huber, M.Z., Oertle, D., Chesney, M., Hilty, L.M. (2015). An Information System Supporting Cap and Trade in Organizations. In: Hilty, L., Aebischer, B. (eds) ICT Innovations for Sustainability. Advances in Intelligent Systems and Computing, vol 310. Springer, Cham. https://doi.org/10.1007/978-3-319-09228-7_17
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DOI: https://doi.org/10.1007/978-3-319-09228-7_17
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