Abstract
Since Libya is one of the nations that ratified the Paris Agreement, this research is an attempt to meet its commitment to the international community to lessen environmental degradation and the impact of greenhouse gas emissions on ecosystems. Thus, the purpose of this study is to compute the costs of environmental harm brought on by carbon dioxide (CO2) emissions as well as to estimate the quantity of CO2 emissions from Libya's electric power plants. This study differs from others because it is grounded in real data collected at pollution monitoring stations and in unit performance control systems in electric power plants. Additionally, this study covers all fuel types used, including natural gas, steam, and combined cycles, as well as all generation technologies. It was discovered that the CO2 emission factor was roughly 0.857 kgCO2/kWh. The outcomes were compared to emission lists released by environmental agencies like the EPA and IPCC, as well as the UNFCCC's standard for assessing the system's technical and environmental performance. The study's approach to evaluating environmental harm helps to foster competition in the energy sector in favor of renewable and alternative energy sources. It was calculated that Libya's annual environmental damage costs from producing electricity were roughly $2.184 billion. Additionally, the study offered a few alternatives for allocating this sum to clean, renewable energy technology. This research can be viewed as a road map for the switch to sustainable and clean electricity production.

Key words: Carbon dioxide emission factor, electrical power generation technologies, electricity industry sector, renewable and clean energies, Libya.