RT info:eu-repo/semantics/article
T1 Estimating the impact of carbon inefficiency and overuse of energy on the economics of water companies: A case study for England and Wales
A1 Maziotis, Alexandros
A1 Sala Garrido, Ramón
A1 Mocholi Arce, Manuel
A1 Molinos Senante, María
K1 Allocative inefficiency
K1 Carbon inefficiency
K1 Stochastic frontier analysis
K1 Water companies
K1 3303.02 Economía Química
AB In the face of climate change, it becomes crucial to motivate action and policies within water companies towards achieving carbon neutrality. Estimating the economic consequences of inaction can be a compelling catalyst for change. In this study, the carbon inefficiency and overuse of energy among a selection of English and Welsh water companies were assessed, along with their impact on the operational costs of producing and delivering drinking water over the period from 2010 to 2019. In doing so, a stochastic frontier analysis primal system was employed. The findings revealed that, on average, water companies exhibited a carbon inefficiency of 0.699. The overuse of energy relative to other inputs was estimated to be 71.4%. Consequently, water companies incurred a production cost increase of 0.089 £/m3. This research demonstrates that transitioning towards a low-carbon urban water cycle is not merely an environmental beneficial endeavor; it also involves significant economic advantages.
PB Wiley
SN 0968-0802
YR 2023
FD 2023
LK https://uvadoc.uva.es/handle/10324/65818
UL https://uvadoc.uva.es/handle/10324/65818
LA eng
NO Sustainable Development, 2023.
NO Producción Científica
DS UVaDOC
RD 12-jul-2024