The impact of Chinese carbon emission trading scheme (ETS) on low carbon energy (LCE) investment

Energy Policy ◽  
2016 ◽  
Vol 89 ◽  
pp. 271-283 ◽  
Author(s):  
Jian-Lei Mo ◽  
Paolo Agnolucci ◽  
Mao-Rong Jiang ◽  
Ying Fan
Keyword(s):  
Carbon Emission ◽  
Emission Trading ◽  
Emission Trading Scheme ◽  
Low Carbon ◽  
Trading Scheme ◽  
Carbon Emission Trading ◽  
Low Carbon Energy ◽  
The Impact

Research on China’s cap-and-trade carbon emission trading scheme: Overview and outlook

2016 ◽  
Vol 178 ◽  
pp. 902-917 ◽  
Author(s):  
Jingjing Jiang ◽  
Dejun Xie ◽  
Bin Ye ◽  
Bo Shen ◽  
Zhanming Chen
Keyword(s):  
Carbon Emission ◽  
Emission Trading ◽  
Emission Trading Scheme ◽  
Cap And Trade ◽  
Trading Scheme ◽  
Carbon Emission Trading

scholarly journals Can Emission Trading Scheme Improve Carbon Emission Performance? Evidence From China

2021 ◽  
Vol 9 ◽  
Author(s):  
Yuhua Zheng ◽  
Xiaoyang Sun ◽  
Chenyu Zhang ◽  
Daojuan Wang ◽  
Ju Mao
Keyword(s):  
Carbon Emission ◽  
Emission Trading ◽  
Listed Companies ◽  
Policy Implications ◽  
Emission Trading Scheme ◽  
Emission Performance ◽  
The Difference ◽  
Reduce Emissions ◽  
Trading Scheme ◽  
The Impact

This paper explores the effect of China’s emission trading scheme (ETS) pilot policy implemented during 2013-2014 on carbon emission performance. Adopting the Difference-in-Difference (DID) model, we find that: 1) China’s ETS pilot policy can significantly improve the carbon emission performance of listed companies in the pilot provinces. 2) The heterogeneity analysis shows that the carbon emission performance of listed companies in the eastern coastal pilot areas has improved significantly, which is not significant in the central and western pilot areas. 3) We find that China’s ETS pilot policy can significantly improve innovation capabilities of listed companies, suggesting that innovation is a channel for the impact of the China’s ETS pilot policy on carbon emission performance in the pilot provinces. Overall, our study shows that ETS pilot policy has played a governance role in China and improved carbon emission performance. We further highlight some important policy implications with respect to helping companies save energy and reduce emissions, and promoting the further improvement of China’s ETS pilot policy.

scholarly journals Supplier Selection and Order Allocation under a Carbon Emission Trading Scheme: A Case Study from China

2019 ◽  
Vol 17 (1) ◽  
pp. 111 ◽  
Author(s):  
Chen Wang ◽  
Qingyan Yang ◽  
Shufen Dai
Keyword(s):  
Supplier Selection ◽  
Carbon Emission ◽  
Emission Trading ◽  
Low Carbon ◽  
Order Allocation ◽  
Total Cost ◽  
Carbon Emission Trading ◽  
The Cost ◽  
The Impact ◽  
Carbon Prices

In implementing carbon emission trading schemes (ETSs), the cost of carbon embedded in raw materials further complicates supplier selection and order allocation. Firms have to make decisions by comprehensively considering the cost and the important intangible performance of suppliers. This paper uses an analytic network process–integer programming (ANP–IP) model based on a multiple-criteria decision-making (MCDM) approach to solve the above issues by first evaluating and then optimizing them. The carbon embedded in components, which can be used to reflect the carbon competitiveness of a supplier, is integrated into the ANP–IP model. In addition, an international large-scale electronic equipment manufacturer in China is used to validate the model. Different scenarios involving different carbon prices are designed to analyze whether China’s current ETS drives firms to choose more low-carbon suppliers. The results show that current carbon constraints are not stringent enough to drive firms to select low-carbon suppliers. A more stringent ETS with a higher carbon price could facilitate the creation of a low-carbon supply chain. The analysis of the firm’s total cost and of the total cost composition indicates that the impact of a more stringent ETS on the firm results mainly from indirect costs instead of direct costs. The indirect cost is caused by the suppliers’ transfer of part of the low-carbon investment in the product, and arises from buying carbon permits with high carbon prices. Implications revealed by the model analysis are discussed to provide guidance to suppliers regarding the balance between soft competitiveness and low-carbon production capability and to provide guidance to the firm on how to cooperate with suppliers to achieve a mutually beneficial situation.

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