สถานที่ตีพิมพ์ : Energy Procedia, Volume 52, 2014, Pages 449-458
รายละเอียด : Currently, there is increasing pressure from global community to reduce the greenhouse gas emissions, the main cause of climate change. One of several programs to reduce the greenhouse gas is Clean Development Mechanism or CDM by the United Nation. The amount of greenhouse gas reduction through CDM projects in developing countries can be sold to developed countries so that they can increase the maximum cap of the emissions to be emitted into the environment. It is this carbon credit from CDM projects that is of financial value, and thus should be viewed as a new type of asset. This could help improve the financial outlook of CDM projects such as renewable energy generators (REGs) because not only these projects usually involve higher costs of technology but also high uncertainty from the p
