The Setting of Initial Allocation Approaches of Carbon Emission Permits

2011 ◽  
Author(s):  
Wei Zheng ◽  
Rongda Chen
Keyword(s):  
Carbon Emission ◽  
Emission Permits ◽  
Initial Allocation

scholarly journals Initial allocation of carbon emission permits in power systems

2016 ◽  
Vol 5 (2) ◽  
pp. 239-247 ◽  
Author(s):  
Tan WANG ◽  
Xu WANG ◽  
Yu GONG ◽  
Chuanwen JIANG ◽  
Fengjia XIONG ◽  
...  
Keyword(s):  
Power Systems ◽  
Carbon Emission ◽  
Emission Permits ◽  
Initial Allocation

Carbon Permits Allocation Based on Two-Stage Optimization for Equity and Efficiency: A Case Study within China

2012 ◽  
Vol 518-523 ◽  
pp. 1117-1122 ◽  
Author(s):  
Su Feng Wang ◽  
Shan Lin Yang
Keyword(s):  
Carbon Emission ◽  
Optimization Method ◽  
Emission Permits ◽  
Two Stage ◽  
Policy Makers ◽  
Initial Allocation ◽  
Optimization Framework ◽  
Equity And Efficiency ◽  
Profound Insight

The initial allocation of carbon emission permits is always a challenge in aggregate cap due to the conflicts between equity and efficiency. In this article, we introduce a two-stage optimization framework to allocate permits in which the first stage is for equity by maximizing weighted information entropy and the second for efficiency by minimizing the average yearly energy consumption per GDP for all emitters. The allocation of carbon emission permits of 30 provinces within China is chosen as a case study to illustrate the application of this framework. The results show that the two-stage optimization method can provide a profound insight for emission abatement with a focus on balance of equity and efficiency for the policy-makers, especially in Non-Annex I countries.

The Theoretical and Empirical Research on Pricing of China's Carbon Emission Permits

2012 ◽  
Vol 524-527 ◽  
pp. 2474-2481
Author(s):  
Zhi Gang Huang ◽  
Jiao Ling Xie ◽  
Wen Ping Wu
Keyword(s):  
Option Pricing ◽  
Carbon Emissions ◽  
Carbon Emission ◽  
Supply And Demand ◽  
Practical Significance ◽  
Emission Permits ◽  
Transaction Data ◽  
Carbon Finance ◽  
Relationship Of ◽  
The Relationship

Carbon emissions permits has its own particularity,and with the development of carbon finance,carbon emissions permits possess the commodity attributes and financial attributes.So its price isn’t determined only by the relationship of commodity supply and demand,but also affected by a variety of factors.But because the transaction data is not available,so the pricing of the carbon emissions permits can not really consider from the angle of the influencing factors of price.Therefore, this paper is on the basis of previous studies using mathematical tools and introducing the option pricing mechanism to study th pricing of China's carbon emissions permits basing on carbon emissions,which is designed for providing reference on the pricing of China's carbon emissions,being of both theoretical and practical significance.

scholarly journals Research on Production Strategy with Carbon Emissions

2013 ◽  
Vol 7 (1) ◽  
pp. 9-13
Author(s):  
Honglei Tang ◽  
Guofang Song
Keyword(s):  
Numerical Experiment ◽  
Carbon Emissions ◽  
Carbon Emission ◽  
Production Model ◽  
Emission Permits ◽  
Optimal Production ◽  
Production Decisions ◽  
Manufacturing Enterprises ◽  
Production Strategy

This paper mainly studied the influence on the carbon emission permits and trading on the production strategy for manufacturing enterprises. The enterprises might obtain carbon emission permits in three different ways, i.e. government quota, market trading and purification treatment. The enterprises must make a tradeoff between them. The characteristic of purifying cost was analyzed. Then, an optimal production model with carbon emission permits and trading was established. Finally, a typical numerical experiment was employed to show the influence of the parameters on optimal production decisions.

The equitable international allocation of tradable carbon emission permits

1995 ◽  
Vol 5 (5) ◽  
pp. 405-413 ◽  
Author(s):  
Wilfred Beckerman ◽  
Joanna Pasek
Keyword(s):  
Carbon Emission ◽  
Emission Permits

scholarly journals How to Allocate Carbon Emission Permits Among China’s Industrial Sectors Under the Constraint of Carbon Intensity?

2019 ◽  
Vol 11 (3) ◽  
pp. 914 ◽  
Author(s):  
Jianguo Zhou ◽  
Yushuo Li ◽  
Xuejing Huo ◽  
Xiaolei Xu
Keyword(s):  
Carbon Emissions ◽  
Emission Reduction ◽  
Carbon Emission ◽  
Abatement Cost ◽  
Carbon Intensity ◽  
Carbon Trading ◽  
Emission Permits ◽  
Carbon Abatement ◽  
Industrial Sectors ◽  
Ferrous Metals

With the official launch of China’s national unified carbon trading system (ETS) in 2017, it has played an increasingly important role in controlling the growth of carbon dioxide emissions. One of the core issues in carbon trading is the allocation of initial carbon emissions permits. Since the industry emits the largest amount of carbon dioxide in China, a study on the allocation of carbon emission permits among China’s industrial sectors is necessary to promote industry carbon abatement efficiency. In this study, industrial carbon emissions permits are allocated to 37 sub-sectors of China to reach the emission reduction target of 2030 considering the carbon marginal abatement cost, carbon abatement responsibility, carbon abatement potential, and carbon abatement capacity. A hybrid approach that integrates data envelop analysis (DEA), the analytic hierarchy process (AHP), and principal component analysis (PCA) is proposed to allocate carbon emission permits. The results of this study are as follows: First, under the constraint of carbon intensity, the carbon emission permits of the total industry in 2030 will be 8792 Mt with an average growth rate of 3.27%, which is 1.57 times higher than that in 2016. Second, the results of the carbon marginal abatement costs show that light industrial sectors and high-tech industrial sectors have a higher abatement cost, while energy-intensive heavy chemical industries have a lower abatement cost. Third, based on the allocation results, there are six industrial sub-sectors that have obtained major carbon emission permits, including the smelting and pressing of ferrous metals (S24), manufacturing of raw chemical materials and chemical products (S18), manufacturing of non-metallic mineral products (S23), smelting and pressing of non-ferrous metals (S25), production and supply of electric power and heat power (S35), and the processing of petroleum, coking, and processing of nuclear fuel (S19), accounting for 69.23% of the total carbon emissions permits. Furthermore, the study also classifies 37 industrial sectors to explore the emission reduction paths, and proposes corresponding policy recommendations for different categories.

China’s Carbon Emissions Trading Market Analysis

2010 ◽  
Vol 113-116 ◽  
pp. 484-487 ◽  
Author(s):  
Ming Ming Wu
Keyword(s):  
Carbon Emissions ◽  
Carbon Emission ◽  
Emissions Trading ◽  
Market Analysis ◽  
Emission Permits ◽  
Market Mechanisms ◽  
Carbon Emissions Trading ◽  
Trading Market ◽  
The Status

As one of the carbon trade mechanisms ratified by Tokyo Protocol, the Carbon Emission Permits Trade has played a significant role of offsetting the global warming problem. This paper introduces the international carbon emissions trading market mechanisms, transaction type, and volume and price, and then analyses the status of carbon emissions trading at home and abroad. Finally, the author puts forward construction carbon emissions trading in China.

Research on the initial allocation of carbon emission quotas: evidence from China

2016 ◽  
Vol 85 (2) ◽  
pp. 1189-1208 ◽  
Author(s):  
Yu-Jie Hu ◽  
Rong Han ◽  
Bao-Jun Tang
Keyword(s):  
Carbon Emission ◽  
Initial Allocation ◽  
Emission Quotas
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