Introducing hydrogen fuel cell vehicles in Malaysia

This paper attempts to evaluate potential reductions in climate damage following the introduction of hydrogen fuel cell vehicles in Malaysia over the period 2015–2030. The simulation produced interesting results. While gross climate damage under the BAU scenario increased to RM7.1 billion in 2030, t...

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Main Authors: Ambrose, Angelina F., Rasiah, Rajah, Al-Amin, Abul Quasem, Chen, Zhang
Format: Article
Published: Taylor & Francis 2018
Subjects:
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author Ambrose, Angelina F.
Rasiah, Rajah
Al-Amin, Abul Quasem
Chen, Zhang
author_facet Ambrose, Angelina F.
Rasiah, Rajah
Al-Amin, Abul Quasem
Chen, Zhang
author_sort Ambrose, Angelina F.
collection UM
description This paper attempts to evaluate potential reductions in climate damage following the introduction of hydrogen fuel cell vehicles in Malaysia over the period 2015–2030. The simulation produced interesting results. While gross climate damage under the BAU scenario increased to RM7.1 billion in 2030, the commensurate damage under the slow, moderate and high hydrogen adaptation fell to MYR2.0 billion, MYR1.7 billion and MYR1.2 billion, respectively. CO2 emissions will fall from 214MT under the BAU scenario to 203MT, 176MT and 122MT, respectively, under the slow, moderate and high scenarios, respectively. Although real GDP is expected to stagnate over the period 2015–2030 under all three adaptation scenarios, the welfare benefits are expected to expand from the greening environment. While the high adaptation scenarios offer the best quantitative results, the choice of the intensity of adaptation will depend on the regulatory framework and the extent to which consumers can adapt.
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spelling um.eprints-225072019-09-23T08:35:52Z http://eprints.um.edu.my/22507/ Introducing hydrogen fuel cell vehicles in Malaysia Ambrose, Angelina F. Rasiah, Rajah Al-Amin, Abul Quasem Chen, Zhang HF Commerce This paper attempts to evaluate potential reductions in climate damage following the introduction of hydrogen fuel cell vehicles in Malaysia over the period 2015–2030. The simulation produced interesting results. While gross climate damage under the BAU scenario increased to RM7.1 billion in 2030, the commensurate damage under the slow, moderate and high hydrogen adaptation fell to MYR2.0 billion, MYR1.7 billion and MYR1.2 billion, respectively. CO2 emissions will fall from 214MT under the BAU scenario to 203MT, 176MT and 122MT, respectively, under the slow, moderate and high scenarios, respectively. Although real GDP is expected to stagnate over the period 2015–2030 under all three adaptation scenarios, the welfare benefits are expected to expand from the greening environment. While the high adaptation scenarios offer the best quantitative results, the choice of the intensity of adaptation will depend on the regulatory framework and the extent to which consumers can adapt. Taylor & Francis 2018 Article PeerReviewed Ambrose, Angelina F. and Rasiah, Rajah and Al-Amin, Abul Quasem and Chen, Zhang (2018) Introducing hydrogen fuel cell vehicles in Malaysia. Journal of the Asia Pacific Economy, 23 (2). pp. 263-278. ISSN 1354-7860, DOI https://doi.org/10.1080/13547860.2018.1442151 <https://doi.org/10.1080/13547860.2018.1442151>. https://doi.org/10.1080/13547860.2018.1442151 doi:10.1080/13547860.2018.1442151
spellingShingle HF Commerce
Ambrose, Angelina F.
Rasiah, Rajah
Al-Amin, Abul Quasem
Chen, Zhang
Introducing hydrogen fuel cell vehicles in Malaysia
title Introducing hydrogen fuel cell vehicles in Malaysia
title_full Introducing hydrogen fuel cell vehicles in Malaysia
title_fullStr Introducing hydrogen fuel cell vehicles in Malaysia
title_full_unstemmed Introducing hydrogen fuel cell vehicles in Malaysia
title_short Introducing hydrogen fuel cell vehicles in Malaysia
title_sort introducing hydrogen fuel cell vehicles in malaysia
topic HF Commerce
work_keys_str_mv AT ambroseangelinaf introducinghydrogenfuelcellvehiclesinmalaysia
AT rasiahrajah introducinghydrogenfuelcellvehiclesinmalaysia
AT alaminabulquasem introducinghydrogenfuelcellvehiclesinmalaysia
AT chenzhang introducinghydrogenfuelcellvehiclesinmalaysia