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Emissions trading is a market-based instrument aimed at achieving environmental targets in a cost-effective way by allowing legal entities, primarily firms, to buy and sell emission rights. The limited but steadily growing international diffusion of emissions trading schemes underlines the political relevance of this instrument.
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Insufficient assessment of emission reduction effects still exists in the carbon emission rights trading system, a major environmental regulation measure in China. Based on the data from the carbon trading pilot covering the years from 2007 to 2017, this
Zhiguo Li, Jie Wang
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Under the background of carbon emission reduction and electricity market reform, the market-based carbon emission reduction policy in power generation industry has a significant impact on the process of electricity market reform and the effect of carbon ...
Jinliang ZHANG, Xiuxiu ZHOU
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China’s construction industry makes important contributions to energy consumption and pollution emissions. It is significant to improve energy efficiency in the construction industry. Since 2011, the introduction of China’s carbon emission trading policy
Shasha Xie, Jinjing Wang
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Emission Trading Systems and the Optimal Technology Mix [PDF]
Cap and trade mechanisms enjoy increasing importance in environmental legislation worldwide. The most prominent example is probably given by the European Union Emission Trading System (EU ETS) designed to limit emissions of greenhouse gases, several ...
Zöttl, Gregor
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Global climate problems caused by the overuse of fossil energy need to be settled urgently. To solve global warming threatening human life and production, environmental control policies have been proposed as the mainstream ways to push renewable energy ...
Chuyu Sun +6 more
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Price Model of Coal for Power Generation Based on Carbon Emissions Trading
In December 2017, China formally issued the National Carbon Emissions Trading Market Construction Plan (Power Generation Industry), and the power generation enterprises took the lead in developing the national carbon emission trading.
Wei WANG +3 more
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Compared with developed economies, China implements the Emission Trading Scheme (ETS) within a fundamentally distinct political-economic-institutional context.
Yuyuan Song +4 more
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Emissions trading with transaction costs [PDF]
We develop an equilibrium model of emissions permit trading in the presence of fixed and proportional trading costs in which the permit price and firms' participation in and extent of trading are endogenously determined. We analyze the sensitivity of the equilibrium to changes in the trading costs and firms' allocations, and characterize situations ...
Marc Baudry, Anouk Faure, Simon Quemin
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Operational Decision Model with Carbon Cap Allocation and Carbon Trading Price
This paper considers a carbon emission cap and trade market, where the carbon emission cap for each entity (either government or firm) is allocated first and then the carbon trading price is decided interdependently in the carbon trading market among the
Jinpyo Lee
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