scholarly journals Carbon Tax, Subsidy, and Emission Reduction: Analysis Based on DSGE Model

Complexity ◽  
2020 ◽  
Vol 2020 ◽  
pp. 1-10
Author(s):  
Haoran Li ◽  
Wei Peng

Carbon emission has negative externalities, which will cause severe natural and social problems. In recent years, more and more attention has been paid to carbon emission reduction issue both in academic and application fields. This paper aims to explore the impact of punitive carbon tax and incentive carbon emission reduction subsidy on economy and environment through the dynamic stochastic general equilibrium (DSGE) framework. The results show that both carbon tax and carbon emission reduction subsidy policies can help to reduce carbon emissions and to improve environment quality. In addition, carbon emission reduction subsidy has a positive impact on economy, while carbon tax has the opposite impact. It follows that the incentive carbon emission reduction policy is more conducive to the coordinated development of economy and environment. This research can be a guideline for the government to formulate carbon emission abatement policies from the perspective of coordinated development.

2021 ◽  
Vol 2021 ◽  
pp. 1-11
Author(s):  
Zhipeng Li ◽  
Shuzhen Zhu ◽  
Xinyu Cao

Considering the multitargets of corporate carbon emission reduction and the fairness preference psychology of the company, a government incentive model for corporate carbon emission reduction was constructed. The impact of corporate fairness preferences on government carbon emission reduction incentive strategies is studied. In addition, numerical simulation is used to analyze the impact of changes in correlation coefficients, fairness preference coefficients, and discount rates on the optimal enterprise effort coefficient and the government optimal incentive coefficient. Research shows that the degree of fairness preference of a company has a direct impact on the degree of corporate effort, while the discount rate will only have an impact on the company’s long-term effort. In order to improve corporate carbon emission reduction efforts, the government must not only consider the impact of fairness preference on corporate efforts but also flexibly adjust the incentive coefficient of long-term and short-term tasks based on the discount rate.


Energies ◽  
2018 ◽  
Vol 11 (9) ◽  
pp. 2296 ◽  
Author(s):  
Weiguo Fan ◽  
Zhicheng Gao ◽  
Nan Chen ◽  
Hejie Wei ◽  
Zihan Xu ◽  
...  

Studying the characteristics, trends, and evolution of carbon emissions in agricultural related sectors is of great significance for rational formulation of carbon emission reduction policies. However, as an important carbon emission reduction policy, carbon tax has been controversial over whether or not it should be levied on China. Based on this consideration, this paper takes China’s agricultural related sectors as an example and analyzes the degree of carbon tax on macro-environment, macroeconomy, and agricultural sectors during the period 2020–2050 by constructing a 3EAD-CGE (economy-energy-environmental-agricultural-dynamics Computable General Equilibrium) model. The results show that: (1) carbon tax has a time effect, specifically, the short-term effect is better than the long-term. (2) If the incremental rate of carbon tax is carried out alone, it will exert a great influence on the macroeconomy as well as on most of the agricultural related sectors. (3) If a carbon tax is introduced at the same time as indirect taxes are cut (proportionally), the policy will exert a negative impact on agriculture-related sectors that are subsidized. However, the policy will have a positive impact on those nonsubsidized sectors. Finally, based on the results, we put forward some suggestions that are more suitable for the introduction of a carbon tax in China’s agricultural-related sectors.


2019 ◽  
Vol 11 (16) ◽  
pp. 4387 ◽  
Author(s):  
Lin ◽  
Zhang ◽  
Wang ◽  
Yang ◽  
Shi ◽  
...  

The increasing demand for urban distribution increases the number of transportation vehicles which intensifies the congestion of urban traffic and leads to a lot of carbon emissions. This paper focuses on carbon emission reduction in urban distribution, taking perishable foods as the object. It carries out optimization analysis of urban distribution routes to explore the impact of low carbon policy on urban distribution routes planning. On the basis of analysis of the cost components and corresponding constraints of urban distribution, two optimization models of urban distribution routes with and without carbon emissions cost are constructed. Fuel quantity related to cost and carbon emissions in the model is calculated based on traffic speed, vehicle fuel quantity and passable time period of distribution. Then an improved algorithm which combines genetic algorithm and tabu search algorithm is designed to solve models. Moreover, an analysis of the influence of carbon tax price is also carried out. It is concluded that in the process of urban distribution based on the actual network information, path optimization considering the low carbon factor can effectively reduce the distribution process of CO2, and reduce the total cost of the enterprise and society, thus achieving greater social benefits at a lower cost. In addition, the government can encourage low-carbon distribution by rationally adjusting the price of carbon tax to achieve a higher social benefit.


Author(s):  
Biao Li ◽  
Yong Geng ◽  
Xiqiang Xia ◽  
Dan Qiao

To improve low-carbon technology, the government has shifted its strategy from subsidizing low-carbon products (LCP) to low-carbon technology. To analyze the impact of government subsidies based on carbon emission reduction levels on different entities in the low-carbon supply chain (LCSC), game theory is used to model the provision of government subsidies to low-carbon enterprises and retailers. The main findings of the paper are that a government subsidy strategy based on carbon emission reduction levels can effectively drive low-carbon enterprises to further reduce the carbon emissions. The government’s choice of subsidy has the same effect on the LCP retail price per unit, the sales volume, and the revenue of low-carbon products per unit. When the government subsidizes the retailer, the low-carbon product wholesale price per unit is the highest. That is, low-carbon enterprises use up part of the government subsidies by increasing the wholesale price of low-carbon products. The retail price of low-carbon products per unit is lower than the retail price of low-carbon products in the context of decentralized decision making, but the sales volume and revenue of low-carbon products are greater in the centralized decision-making. The cost–benefit-sharing contract could enable the decentralized decision model to achieve the same level of profit as the centralized decision model.


PLoS ONE ◽  
2021 ◽  
Vol 16 (11) ◽  
pp. e0259390
Author(s):  
Lujing Wang ◽  
Ming Zhang

Over the past four decades, China have experienced rapid economic growth but also a widening urban-rural income gap and deteriorating air quality. Based on the panel data of 30 provinces in China from 2006 to 2017, this paper investigates the effect of narrowing the urban-rural income gap on carbon emission reduction and pollution control by using OLS method. The empirical results indicate that: the narrowing of the urban-rural income gap has a positive impact on pollution control, while there are regional differences in the impact on carbon emission reduction. In the perspective of the whole country and central and western regions, the narrowing of the urban-rural income gap is conducive to carbon emission reduction. However, the narrowing of the urban-rural income gap increases carbon emissions in the eastern regions where economic development is at high level. This paper provides a theoretical basis and policy reference for promoting urban-rural integration and construction of ecological civilization.


2021 ◽  
Vol 2021 ◽  
pp. 1-11
Author(s):  
Chao-qun Han ◽  
Hua-ying Gu ◽  
Li-hui Sui ◽  
Chang-peng Shao

Since the tax of carbon emission is popular and consumers are exhibiting low-carbon preference, the green manufactures have to spend more extra cost on investing carbon emission reduction (CER) technology to decrease the carbon emission. To encourage the manufacture’s CER investment efforts, this paper explores the impact of carbon tax, CER cost, and consumers’ low-carbon preference on low-carbon decision-making and designs a revenue-sharing contract (RS) by constructing Stackelberg models. Based on the theoretical and numerical analysis, this paper finds that the supply chain would benefit from the increment of consumer’s environmental awareness but be depressed by the increase of the CER investment cost factor. Additionally, there exists a unique optimal carbon tax to make CER degree the maximum. Furthermore, RS can effectively promote manufacturers to reduce carbon emissions and also improve the supply chain efficiency.


2021 ◽  
Vol 2021 ◽  
pp. 1-11
Author(s):  
Xiaoping Wu ◽  
Peng Liu ◽  
Qi Wei

In view of the problem of high carbon emissions of logistics enterprises, the government’s carbon tax policy, consumers’ willingness to purchase low-carbon services, and the carbon emission reduction behavior of logistics enterprises, the evolutionary game model between the government, consumers, and logistics enterprises is established by using the theory and method of evolutionary game, and the evolutionary stabilization strategies of the three parties under different parameters are analyzed. The research results show the following. (1) When setting the carbon tax rate, the government can ignore the impact on consumers and give more consideration to the influencing factors of logistics enterprises, which is conducive to the formulation of carbon emission reduction policies for logistics enterprises. (2) When the government sets a lower carbon tax rate, it can not only promote the carbon emission reduction of logistics enterprises but also be conducive to government supervision. (3) The evolution direction of the government’s final decision will not change due to the size of Y and Z. The government’s final decision is to adopt a regulatory strategy. The study provides theoretical guidance for the government to formulate carbon tax policies, guides consumers to purchase low-carbon services, and promotes carbon emission reduction in logistics enterprises.


2021 ◽  
Author(s):  
Yu Zhang ◽  
Tianshan Ma ◽  
Syed Abdul Rehman Khan

This research is to investigate the decision making of the members of remanufacturing supply chain under the government involvement. Different scenarios are analyzed in this research, and it is found that the subsidy for carbon emission reduction can increase the WPs (waste products) reusing. When the recycler participates in remanufacturing supply chain, the cost of remanufacturer will be shared and through centralizing the decision making, the carbon emission reduction will be enhanced and the whole supply chain’s profit will decrease. So it is suggested that the government need to adjust the subsidy for carbon emission reduction in terms of the quality level of WPs and the cooperation between recycler and remanufacturer is suggested, especially in the high-value waste remanufacturing supply chain.


Energies ◽  
2021 ◽  
Vol 14 (7) ◽  
pp. 1810
Author(s):  
Kaitong Xu ◽  
Haibo Kang ◽  
Wei Wang ◽  
Ping Jiang ◽  
Na Li

At present, the issue of carbon emissions from buildings has become a hot topic, and carbon emission reduction is also becoming a political and economic contest for countries. As a result, the government and researchers have gradually begun to attach great importance to the industrialization of low-carbon and energy-saving buildings. The rise of prefabricated buildings has promoted a major transformation of the construction methods in the construction industry, which is conducive to reducing the consumption of resources and energy, and of great significance in promoting the low-carbon emission reduction of industrial buildings. This article mainly studies the calculation model for carbon emissions of the three-stage life cycle of component production, logistics transportation, and on-site installation in the whole construction process of composite beams for prefabricated buildings. The construction of CG-2 composite beams in Fujian province, China, was taken as the example. Based on the life cycle assessment method, carbon emissions from the actual construction process of composite beams were evaluated, and that generated by the composite beam components during the transportation stage by using diesel, gasoline, and electric energy consumption methods were compared in detail. The results show that (1) the carbon emissions generated by composite beams during the production stage were relatively high, accounting for 80.8% of the total carbon emissions, while during the transport stage and installation stage, they only accounted for 7.6% and 11.6%, respectively; and (2) during the transportation stage with three different energy-consuming trucks, the carbon emissions from diesel fuel trucks were higher, reaching 186.05 kg, followed by gasoline trucks, which generated about 115.68 kg; electric trucks produced the lowest, only 12.24 kg.


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