Influence of a pilot carbon trading policy on enterprises’ low-carbon innovation in China

2021 ◽  
pp. 1-19
Author(s):  
Shao-Zhou Qi ◽  
Chao-Bo Zhou ◽  
Kai Li ◽  
Si-Yan Tang
Author(s):  
Jui-Chu Lin ◽  
Wei-Ming Chen ◽  
Ding-Jang Chen

Purpose In this paper, the international progress of Nationally Appropriate Mitigation Actions (NAMAs), Intended Nationally Determined Contributions (INDCs), and Nationally Determined Contributions (NDCs) under the United Nations Framework Convention on Climate Change are reviewed. The content of Taiwan’s NAMAs and INDCs are also investigated, especially with reference to actions for the electricity sector. To better understand the greenhouse gas (GHG) reduction contribution from the electricity sector, this paper aims to examine challenges and solutions for implementing a carbon trading mechanism in Taiwan’s monopolistic electricity market under the newly passed Greenhouse Gases Emissions Reduction and Management Act (GHG ERMA). Design/methodology/approach Carbon reduction strategies for the electricity sector are discussed by examining and explaining Taiwan’s official documents and the law of GHG ERMA. Findings This study finds that market mechanisms should be utilized to allocate appropriate costs and incentives for GHG reductions to transform Taiwan into a low-carbon society. Originality/value This study identifies strategies for the electricity sector to reduce GHG emissions, especially the operation of a carbon-trading scheme under a non-liberalized electricity market.


2017 ◽  
Vol 2017 ◽  
pp. 1-11 ◽  
Author(s):  
Yongwei Cheng ◽  
Dong Mu ◽  
Yi Zhang

This paper established cooperation decision model for a mixed carbon policy of carbon trading-carbon tax (environmental tax) in a two-stageS-Msupply chain. For three different cooperative abatement situations, we considered the supplier driven model, the manufacturer driven model, and the equilibrium game model. We investigated the influence of mixed carbon policy with constraint of reduction targets on supply chain price, productivity, profits, carbon emissions reduction rate, and so on. The results showed that (1) high-strength carbon policies do not necessarily encourage enterprises to effectively reduce emissions, and increasing market acceptance of low carbon products or raising the price of carbon quota can promote the benign reduction; (2) perfect competitive carbon market has a higher carbon reduction efficiency than oligarch carbon market, but their optimal level of cooperation is the same and the realized reduction rate is in line with the intensity of carbon policy; (3) the policy sensitivity of the carbon trading mechanism is stronger than the carbon tax; “paid quota mechanism” can subsidize the cost of abatement and improve reduction initiative. Finally, we use a numerical example to solve the optimal decisions under different market situations, validating the effectiveness of model and the conclusions.


2021 ◽  
Vol 252 ◽  
pp. 03060
Author(s):  
Lu Yu ◽  
Shi Shengyao ◽  
Zhang Dachi ◽  
Feng Shunqiang ◽  
Zhang Yuanmei ◽  
...  

In the context of low carbon economy, introducing carbon trading and developing low-carbon energy generation is an important means to realize low-carbon development of the power system. Because gas power generation has the advantages of high efficiency, low carbon emission and strong peak load capability, the gas generator unit is added to the planning plan and a low carbon power planning model based on carbon trading is established. The goal of the model is to minimize the cost of the system integration. The cost includes investment operation cost and carbon transaction cost. And the natural gas supply constraints and carbon trading constraints are increased in the constraint condition. Finally, the discrete bacterial colony chemotaxis algorithm is adopted to solve this model. Through the model comparison and sensitivity analysis, it is concluded that the addition of gas turbine unit and carbon trading mechanism can optimize the power supply structure, promote the construction of low carbon unit. and realize the conclusion of low carbon emission reduction of power system. And the results verify the effectiveness of the proposed power planning model.


2021 ◽  
Author(s):  
Xue-mei Zhang ◽  
Fei-fei Lu ◽  
Dan Xue

Abstract Carbon trading policy is important for addressing climate change and reducing carbon emissions. Reducing carbon emissions could further affect energy efficiency (EE). Based on the data of 30 provinces in China from 2006 to 2017, we first calculated the EE by the super-slack-based model (Super-SBM). We then analyzed the theoretical mechanism of the impact of carbon trading policies on EE. We also established a difference-in-difference model and mediation effect model for empirical analysis. Finally, we used the spatial difference-in-difference (SDID) model to test the policy spillover effect of carbon trading policies. The results showed that the high energy efficiency areas gradually shifted to the central and eastern regions with the change of time in space. At the same time, the energy efficiency value in the pilot area of carbon trading policy is obviously higher than that in the non-pilot area. Carbon trading policy had a significant positive effect on improving EE. Among them, green technology innovation and energy structure both had positive mediation effects on carbon trading policies affecting EE. Additionally, the industrial structuring adjustment had no significant mediation effect in its influencing mechanism. Finally, the spatial spillover effect test results show that the carbon trading policy has a positive effect on the energy efficiency of the pilot areas, but has a negative spillover effect on the energy efficiency of the non-pilot areas. That is, the policy may improve the energy efficiency of the pilot areas and reduce the energy efficiency of the non-pilot areas at the same time.


2017 ◽  
Vol 16 (10) ◽  
pp. 2401-2412
Author(s):  
Hua He ◽  
Changsong Ma ◽  
Zhenyu Luo ◽  
Ying Wu

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