scholarly journals Efficiency or Equity? Simulating the Carbon Emission Permits Trading Schemes in China Based on an Inter-Regional CGE Model

2015 ◽  
Author(s):  
Libo Wu ◽  
Weiqi Tang
Keyword(s):  
Carbon Emission ◽  
Cge Model ◽  
Emission Permits ◽  
Emission Permits Trading

Potential carbon emission abatement cost recovery from carbon emission trading in China

2016 ◽  
Vol 11 (3) ◽  
pp. 842-854 ◽  
Author(s):  
Ke Wang ◽  
Yujiao Xian ◽  
Jieming Zhang ◽  
Yi Li ◽  
Linan Che
Keyword(s):  
Cost Saving ◽  
Carbon Emission ◽  
Emission Trading ◽  
Cost Savings ◽  
Abatement Cost ◽  
Emission Permits ◽  
Content Type ◽  
Emission Abatement ◽  
Industry Sector ◽  
Emission Permits Trading

Purpose This study aims to provide an estimation of carbon dioxide (CO2) emission abatement costs in China’s industry sector during the period of 2006-2010, and additionally provide an ex-post estimation of CO2 abatement cost savings that would be realized if carbon emission permits trading among different industry sectors of 30 provinces in China during the same period were allowed, to answer the question that whether the industrial carbon emission abatement cost can (partially) be recovered from carbon emission trading in China. Design/methodology/approach The joint production framework associated with the environmental technology is utilized for formulating the models for estimating abatement costs and simulating emission permits trading scheme. Several data envelopment analysis-based models that could deal with both the desirable and undesirable outputs within the above framework are utilized for abatement cost saving estimation. The weak disposability assumption and variable returns to scale assumption are applied in the modelling. Findings In China’s industry sector, during 2006-2010, the estimated CO2 emission abatement cost was 1,842 billion yuan, which accounts for 2.45 per cent of China’s total industrial output value; the emission abatement cost saving from emission permits trading would be 315 billion yuan, which accounts for 17.12 per cent of the emission opportunity abatement cost; and additional 1,065.95 million tonnes of CO2 emission reductions would be realized from emission permits trading, and this accounts for 4.75 per cent of the total industrial CO2 emissions. Research limitations/implications The estimation is implemented at the regional level, i.e. the emission permits trading subjects are the whole industry sectors in different Chinese provinces, because of the data limitation in this study. Further estimation could be implemented at the enterprise level to provide a deeper insight into the abatement cost recovery from emission permits trading. Practical implications The estimation models and calculation process introduced in this study could be applied for evaluating the efficiency and effectiveness of pollutant emission permits trading schemes from the perspective that whether these market-based abatement policy instruments help to realize the potential abatement cost savings. Originality/value To the best of the authors’ knowledge, no study has provided the estimation of CO2 emission abatement cost and the estimation of CO2 abatement cost saving effect from emission permits trading for China’s industry sector. This study provides the first attempt to fill this research gap.

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
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