scholarly journals What Role Should Government Play in the Personal Carbon Trading Market: Motivator or Punisher?

2019 ◽  
Vol 16 (11) ◽  
pp. 1905 ◽  
Author(s):  
Daoyan Guo ◽  
Hong Chen ◽  
Ruyin Long
Keyword(s):  
Carbon Emissions ◽  
Carbon Tax ◽  
Evolutionary Game ◽  
Emissions Reduction ◽  
Carbon Trading ◽  
Evolutionarily Stable Strategies ◽  
Operational Mechanism ◽  
Trading Market ◽  
Probabilistic Distances ◽  
The Difference

With increasing downstream carbon emissions, the implementation of a personal carbon trading scheme is urgently required. In order to facilitate the progress, government departments are supposed to adopt a motivating or punitive policy to make guidance for downstream carbon emissions reduction. This study determined and verified the evolutionarily stable strategies (ESSs) of government departments and individuals whose carbon emissions exceeded the initial carbon allowance (CEEICA individuals) by using the evolutionary game and numerical simulation methods, respectively. The findings show that the ESS of government departments is always a punitive policy during the variation of strategies of CEEICA individuals. The ESS of CEEICA individuals is an active plan when the added cost (the difference between emissions reduction cost and trading earning) is less than the carbon tax; otherwise, it is a passive plan. Furthermore, the rate of convergence can be significantly influenced by the probabilistic distances between initial strategies and the ESSs. On the basis of these findings, this study suggested implementing a “punishment first, motivation-supplemented” policy, and developing a stable operational mechanism for a personal carbon trading market.

Building Carbon Emissions Trading System for China under the Experience of EU Emissions Trading System

2013 ◽  
Vol 411-414 ◽  
pp. 2505-2510
Author(s):  
Qi Wei ◽  
Man Man Tian
Keyword(s):  
Carbon Emissions ◽  
Emissions Trading ◽  
Rapid Development ◽  
Market Condition ◽  
Carbon Trading ◽  
Trading System ◽  
Carbon Emissions Trading ◽  
Trading Market ◽  
Eu Emissions Trading System ◽  
Emissions Trading System

Along with the rapid development of economy, China has become the leading emitter of greenhouse gases in the world. Carbon emissions trading system is an important tool and means to response to climate change effectively and reduce greenhouse gas emissions. At present, Chinese carbon trading market is still in its infancy, and there are many deficiencies: legal system is imperfect and carbon source monitoring regulation is lax, the variety of trading is single, China does not have pricing power of carbon emissions and the layouts of trading platform are not reasonable. Through using the implementation experience of the EU emissions trading system, we construct Chinese carbon trading mechanism based on total control principle: voluntary trading market should be carried out fist and mandatory transaction will be implemented when market condition is sufficient. According to the quotas allocation from free to auction, mandatory transaction shall be implemented in there stages.

A STUDY ON INDIVIDUAL CARBON TRADING MECHANISM BASED ON CARBON REDUCTION BONUS IN THE CONTEXT OF CHINA'S MOTOR VEHICLE RESTRICTION POLICY

2021 ◽  
pp. 79-81
Author(s):  
Lihong Jiang ◽  
Miaomiao Wang ◽  
Tongna Liu
Keyword(s):  
Carbon Emissions ◽  
Motor Vehicle ◽  
Market Mechanism ◽  
License Plate ◽  
Carbon Trading ◽  
Carbon Emissions Trading ◽  
Carbon Reduction ◽  
Trading Market ◽  
Restriction Policy ◽  
Trading Mechanism

In the context of the development of China's carbon emissions trading market, research into individual-based carbon trading markets is gradually gaining momentum. But due to the diversity of individual carbon emissions and the difculty of quantifying them, there are many challenges to realising a personal carbon trading market, and China has yet to develop a complete personal carbon trading system. Therefore, based on Beijing's tail number restriction policy, this paper designs a personal carbon trading market mechanism based on the carbon emissions generated by car use as a commodity, with a focus on trading mechanisms, and supported by incentive systems, regulatory systems and compensation systems. With the help of the "carbon reduction red envelope" trading platform to achieve the participation of two main bodies, multi-benet. The changes in carbon emissions under different scenarios are also analysed, and some of the conditions for the operation of the personal carbon trading mechanism proposed in this paper are calculated. The individual carbon trading mechanism proposed in this paper,solves the inconvenience caused by the license plate restriction policy to Chinese people, promotes the exible and systematic development of urban management, and provides ideas for the development of China's individual carbon trading market.

scholarly journals Impact and Acting Path of Carbon Emission Trading on Carbon Emission Intensity of Construction Land: Evidence from Pilot Areas in China

2020 ◽  
Vol 12 (19) ◽  
pp. 7843
Author(s):  
Lu Li ◽  
Jie Dong ◽  
Yan Song
Keyword(s):  
Energy Consumption ◽  
Carbon Emissions ◽  
Emission Intensity ◽  
Carbon Emission ◽  
Industrial Structure ◽  
Emission Trading ◽  
Carbon Trading ◽  
Construction Land ◽  
Trading Market ◽  
Carbon Emission Trading

Recently, the environmental and resource crisis caused by excessive energy consumption has aroused great concern worldwide. China is a major country of energy consumption and carbon emissions, and has attempted to build a carbon emission trading market to reduce carbon emissions. This practice helps to promote the carbon trading projects for both regional carbon emission reduction and sustainable development in the pilot areas, as well as having important theoretical and practical significance for the further improvement of carbon emission trading policies. In this study, we first used the difference-in-difference (DID) model to evaluate the impact of carbon emission trading on the carbon emission intensity of construction land (CEICL). The results showed that the carbon emission trading policy can significantly reduce CEICL in the pilot areas. Furthermore, we adopted the quantile regression model to explore the mechanism and acting path of carbon emission trading on CEICL. The results show that the increase in carbon trading volume (CTV) can effectively reduce the CEICL. However, a high carbon trading price (CTP) tends to reduce the suppressing effect of carbon emission trading on CEICL. Additionally, carbon emission trading also affects CEICL through the indirect acting paths of industrial structure and energy intensity. Finally, we propose to promote regional low-carbon development from the perspective of developing a carbon emission trading market nationwide, rationalizing the carbon quota and trading price mechanism, optimizing the regional industrial structure, and improving the energy consumption structure.

scholarly journals Supply Chain Coordination with Carbon Trading Price and Consumers’ Environmental Awareness Dependent Demand

2018 ◽  
Vol 2018 ◽  
pp. 1-11 ◽  
Author(s):  
Qinghua Pang ◽  
Mingzhen Li ◽  
Tiantian Yang ◽  
Yi Shen
Keyword(s):  
Supply Chain ◽  
Carbon Emissions ◽  
Supply Chain Coordination ◽  
Environmental Awareness ◽  
Emissions Reduction ◽  
Carbon Trading ◽  
Market Demand ◽  
Order Quantity ◽  
Price Increases ◽  
Carbon Emissions Reduction

Carbon emissions reduction in supply chain is an effective method to reduce the greenhouse effect. The paper investigates the impacts of carbon trading price and consumers’ environmental awareness on carbon emissions in supply chain under the cap-and-trade system. Firstly, it analyzes the centralized decision structure and obtains the requirements to coordinate carbon emissions reduction and order quantity in supply chain. Secondly, it proposes the supply chain coordination mechanism with revenue-sharing contract based on quantity discount policy, and the requirements that the contract parameters need to satisfy are also given. Thirdly, assuming the market demand is affected by consumer’s environmental awareness in addition form, the paper proposes the methods to determine the optimal order quantity and the optimal level of carbon emissions through model optimization. Finally, it investigates the impacts of carbon trading price on carbon emissions in supply chain. The results show that clean manufacturer’s optimal per-unit carbon emissions increase as the carbon trading price increases, while nongreen manufacturer’s optimal per-unit carbon emissions decrease as the carbon trading price increases. For the middle emissions manufacturer, the optimal per-unit carbon emissions depend on the relationship between the carbon trading price and the carbon reduction coefficient.

The Thinking of Carbon Emissions Reduction Path under the Current Conditions of our Country - Based on the Comparison and Analysis of Carbon Trading and Carbon Tax

2013 ◽  
Vol 807-809 ◽  
pp. 1070-1074
Author(s):  
De Xin Guo ◽  
Qun Xu
Keyword(s):  
Fossil Fuels ◽  
Carbon Tax ◽  
Global Climate ◽  
Internal Conflict ◽  
Emissions Reduction ◽  
Carbon Trading ◽  
Low Carbon ◽  
Low Carbon Economy ◽  
Carbon Emissions Reduction ◽  
Global Transition

In the 21st century, with the increasingly serious global climate problems, reducing greenhouse gas emissions and achieve the global transition to a low-carbon economy, has gradually become the consensus of all countries in the world. And our country as the largest developing country and also is highly depend on fossil fuels, how to give attention to both promote the economic development, to meet people's growing material and cultural needs and protect the environment comprehensive energy conservation and emissions reduction between the internal conflict, is the problem which our country must seriously face and solve. This article will introduce the carbon trading and carbon tax and combined with the current China's national condition analysis the path choice of implementation of carbon emission reduction work in China.

scholarly journals Spatial distribution and regional difference of carbon emissions efficiency of industrial energy in China

2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Fang Liu ◽  
Lu Tang ◽  
Kaicheng Liao ◽  
Lijuan Ruan ◽  
Pingsheng Liu
Keyword(s):  
Spatial Distribution ◽  
Carbon Emissions ◽  
Regional Difference ◽  
Emissions Reduction ◽  
Data Envelopment ◽  
Undesirable Outputs ◽  
Carbon Emissions Reduction ◽  
Industrial Energy ◽  
The Difference ◽  
Over Time

AbstractThe three-stage super-efficiency slack-based measure and data envelopment analysis (SBM-DEA) model with undesirable outputs is used to calculate carbon emissions efficiency of industrial energy (CEEIE) of 30 provinces in China from 2000 to 2017. Then ArcGIS software is used to illustrate the spatial distribution of CEEIE, and Dagum Gini ratio is calculated to decompose the regional difference. The results show that the spatial distribution of CEEIE changes from disorder to order and provinces characterized with high or low CEEIE cluster in space over time. The total Dagum Gini coefficient indicates that the interprovincial difference in CEEIE across China is gradually expanding, which is mainly induced by the difference between regions. Our findings attach more importance to interregional integration policies for carbon emissions reduction in China.

A Study of the Thoughts Behind the Construction of a National Carbon Trading System

2016 ◽  
Vol 04 (03) ◽  
pp. 1650024
Author(s):  
Shuang ZHENG
Keyword(s):  
Carbon Emissions ◽  
Emissions Trading ◽  
Central Committee ◽  
Institutional Innovation ◽  
Carbon Trading ◽  
Trading System ◽  
Address Climate Change ◽  
Trading Systems ◽  
Carbon Emissions Trading ◽  
Trading Market

Both The 12th Five-Year Plan and the Decision of the Third Plenary Session of the 18th Central Committee of the CPC have proposed the establishment of a national carbon emissions trading market, which will be a major institutional innovation in China's efforts to address climate change. By exploring the necessity of implementing carbon emissions trading in China, this paper summarizes the practices and experience of carbon trading pilots in seven provinces and cities since 2013, put forward the purposes, roadmaps, and main content in the construction of carbon emissions trading systems in China.

scholarly journals Evolutionary Games of Low-Carbon Behaviors of Construction Stakeholders under Carbon Taxes

2021 ◽  
Vol 18 (2) ◽  
pp. 508
Author(s):  
Qiang Du ◽  
Yunqing Yan ◽  
Youdan Huang ◽  
Chanchan Hao ◽  
Jiao Wu
Keyword(s):  
Construction Industry ◽  
Carbon Tax ◽  
Evolutionary Game ◽  
Evolutionary Games ◽  
Policy Implications ◽  
Chinese Government ◽  
Low Carbon ◽  
Carbon Taxes ◽  
Evolutionarily Stable Strategies ◽  
The Real

The development of low-carbon buildings (LCBs) in China has not reached its expected status, although the Chinese government has formulated many relevant regulations. The real estate developers and consumers are essential participants in the development of LCBs. This paper explores whether the government’s implementation of the carbon tax will change their choices of LCBs. Evolutionary game models between developers and consumers are established under static and dynamic carbon taxes. Their evolutionarily stable strategies (ESS) are deduced in different situations. According to the real scenarios in China, numerical simulations are further conducted to show that carbon tax influences the low-carbon behaviors of stakeholders in the construction industry. Under a static carbon tax, the two players cannot reach an equilibrium state, while the game system is stable under a dynamic tax. The probability of the developers constructing LCBs is positively related to the carbon tax, while its degree is gradually weakened as the tax rate increases. Therefore, an appropriate tax should be set to promote the development of LCBs effectively. Finally, policy implications are put forwarded to guide the participants’ low-carbon behaviors and reduce the carbon emissions in the Chinese construction industry.

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