WScenarios 2 & 3 demonstrate the value of domestic coal production as estimated by the CGE model in the “Smart energy options for Bangladesh” paper. Thus foregone benefits of not being able to implement domestic coal production at a scale envisioned by the PSMP 2010 are very large. If indeed the benefits are of an order of magnitude estimated in the CGE model, they are likely to exceed the resources required to address all concerns raised by the populations opposing domestic coal mining.ow:
Benefits and costs Benefits Scenario 1: Relaxing the energy supply constraint by importing coal for 50% of electricity production by 2030 provides an incremental GDP growth rate of 0.2% per year, worth US$ 34-66 billion over the period 2016-2030, relative to the baseline growth path with energy constraints. Scenario 2: Developing the domestic coal industry and by 2030 use a combination of half imported and half domestically produced coal to meet 50% of electricity demand provides an incremental GDP growth rate of 0.8% per year, worth US$ 127-250 billion relative to baseline. Scenario 3: Developing the domestic coal industry and undertaking a rationalization of natural gas prices boosts GDP growth by 1.0% per year, worth US$ 161-315 billion relative to baseline. Costs
Bangladesh, like most nations, faces a large number of challenges. What should be the top priorities for policy makers, international donors, NGOs and businesses? With limited resources and time, it is crucial that focus is informed by what will do the most good for each taka spent. The Bangladesh Priorities project, a collaboration between Copenhagen Consensus and BRAC, works with stakeholders across Bangladesh to find, analyze, rank and disseminate the best solutions for the country. We engage Bangladeshis from all parts of society, through readers of newspapers, along with NGOs, decision makers, sector experts and businesses to propose the best solutions. We have commissioned some of the best economists from Bangladesh and the world to calculate the social, environmental and economic costs and benefits of these proposals. This research will help set priorities for the country through a nationwide conversation about what the smart - and not-so-smart - solutions are for Bangladesh's future.
She does I agree, but the benefits are bigger than any personal feelings towards a particular company.
It's like the company says "an agreement can be reached which satisfies the objectives of both the Government and the Company. Discussions are ongoing with targeted potential partners who may assist in advancing the Project towareds approval".
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.