Notice of Retraction: Financial Analysis for Developing CDM Project in the Coke Plant

In the coke plant, the traditional coke wet quenching method is to be used to cool down the red hot coke and waste heat is released to the atmosphere in China. There are a lot of smog, particles, cyanide, sulphide and etc. mixtures within the waste heat. It is need to take measure to deal with and to minimum harmful to human health. Coke wet quenching method is not only course heavy air pollution but also energy waste. In this paper, a new advanced technology--coke dry quenching (CDQ) technology is being introduced. CDQ is a process by which the red hot coke is cooled down with low temperature inert gas in a closed cooling unit. Using CDQ new technology, the harmful emissions (including SOx, NOx and floating particles) can be significantly reduced and local environment can be improved. At Feb. 16th 2005, Kyoto protocol had finally become effective on the international focus. In the Kyoto protocol, there is a Clean Development Mechanism (CDM) which helps developing countries to participate the international emission reduction market and gains biggest profit from CDM system. In this paper, the theoretical base has been put into practice that Chinese coke plants can take part in CDM. Using CDM approved methodology, calculation has been done for potential carbon emission reductions (CERs) of CDQ. It can break a route for Chinese enterprises to get foreign support from CERs, and to overcome the big upfront investment barriers of CDQ and improve the local recycle sustainable development.