1. Pathways to eliminate carbon emissions via renewable energy investments at higher education institutions.
- Author
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Rodgers, Mark D.
- Subjects
- *
UNIVERSITIES & colleges , *CARBON emissions , *EDUCATIONAL finance , *INVESTMENT education , *CARBON offsetting - Abstract
Higher education institutions are among the many public and private sector entities that have committed to long-term sustainability goals in response to the threat of climate change. A key challenge for these institutions is establishing a commitment to make targeted investments in renewable energy technologies in support of emissions reduction goals. Such strategies require a vision to simultaneously coordinate strategic investments in renewable energy technologies with tactical operational decisions to achieve the desired benefits. In this paper, we formulate and solve a least-cost renewable energy capacity investment planning model to determine pathways to achieve emissions reduction strategies. Specifically, we apply our model to Rutgers University to evaluate its target of 100 % carbon neutrality. Using these insights, we share recommendations on how these strategies can be executed. This research serves as a springboard for administrators to assess and deploy their emissions reduction strategies, while ensuring system and financial constraints are satisfied. [ABSTRACT FROM AUTHOR]
- Published
- 2021
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