Estimation of marginal abatement costs of CO2 in Chinese provinces under 2020 carbon emission rights allocation: 2005–2020

2018 ◽  
Vol 25 (24) ◽  
pp. 24445-24468 ◽  
Author(s):  
Fumei Duan ◽  
Yong Wang ◽  
Ying Wang ◽  
Han Zhao
Keyword(s):  
Carbon Emission ◽  
Abatement Costs ◽  
Marginal Abatement Costs ◽  
Emission Rights

The pilot trading of carbon emission rights and upgrading of industrial structure

2020 ◽  
Vol 68 (1/2) ◽  
pp. 82
Author(s):  
Dongsheng Zhao ◽  
Yu Ma ◽  
Huaiwen Zhang ◽  
Xinyu Wang
Keyword(s):  
Carbon Emission ◽  
Industrial Structure ◽  
Emission Rights

scholarly journals Strategies for Capital Constrained Timber and Carbon Sink Supply Chain under the Cap-and-Trade Scheme

2020 ◽  
Vol 12 (11) ◽  
pp. 4380
Author(s):  
Xinyue Yang ◽  
Ye Song ◽  
Mingjun Sun ◽  
Hongjun Peng
Keyword(s):  
Supply Chain ◽  
Emission Reduction ◽  
Carbon Emission ◽  
Carbon Sink ◽  
Cap And Trade ◽  
Stackelberg Model ◽  
Emission Rights ◽  
The Government ◽  
The Impact ◽  
Reduction Costs

We consider a capital constrained timber and carbon sink supply chain under the cap-and-trade scheme, where the forest company produces timber and carbon sink. We consider two subsidy modes: financing subsidy to the carbon sink forests and financing subsidy to the manufacturer’s emission reductions. We apply a Stackelberg model and mainly consider the impact of subsidies on the profits and the strategies of the supply chain members. The results show that when the government gives a financing subsidy to the carbon sink forests, it is conducive to promoting the expansion of carbon sink forests, as well as the enhancement of the forest company’s profit. However, a larger supply of carbon sinks generates a lower price, which leads to the manufacturer reducing the technical emission reduction level and purchasing more carbon emission rights instead. On the other hand, when the manufacturer receives a financing subsidy for the technical emission reduction costs, its production becomes cleaner than before, and the profits of the forest company and the manufacturer increase.

scholarly journals Research on the Correlation Between WTI Crude Oil Futures Price and European Carbon Futures Price

2021 ◽  
Vol 9 ◽  
Author(s):  
Zhengwei Ma ◽  
Yuxin Yan ◽  
Ruotong Wu ◽  
Feixiao Li
Keyword(s):  
Crude Oil ◽  
Carbon Emission ◽  
Mutual Effect ◽  
Futures Prices ◽  
Price Fluctuation ◽  
Oil Futures ◽  
Sea Levels ◽  
Crude Oil Futures ◽  
Futures Price ◽  
Emission Rights

In recent years, the rapid increase in CO2 concentration has accelerated global warming. As a result, sea levels rise, glaciers melt, extreme weather occurs, and species become extinct. As the world’s largest CO2 emission rights trading market, EU Emissions Trading System (EU-ETS) has reached 1.855 billion tons of quotas by 2019, influencing the development of the global carbon emission market. Crude oil, as one of the major fossil energy sources in the world, its price fluctuation is bound to affect the price of carbon emission rights. Therefore, this paper aims to reveal the correlation between crude oil futures prices and carbon emission rights futures prices by studying the price fluctuation. In this paper, the linkage between West Texas Intermediate (WTI) crude oil futures prices and European carbon futures prices was investigated. In addition, this paper selects continuous data of WTI crude oil futures prices and spot prices with European carbon futures prices from January 8, 2018 to November 27, 2020, and builds a smooth transformation regression (STR) model. The relationship between crude oil futures and carbon futures prices is studied in both forward and reversal linkage through empirical analysis. The results show that crude oil futures prices and carbon futures prices have a mutual effect on each other, and both linear and nonlinear correlations between the two prices exist. Based on the results of this research, some suggestions are provided.

scholarly journals Distribution of carbon emission rights in China based on equity perspective

资源科学 ◽  
2019 ◽  
Vol 41 (10) ◽  
pp. 1801-1813
Author(s):  
Chao YANG ◽  
Lijun WU ◽  
Jiangfeng LI ◽  
Tianneng HUANG ◽  
Keyword(s):  
Carbon Emission ◽  
Emission Rights ◽  
Equity Perspective
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