Comparing the differences between the carbon mitigation and economic impacts of a policy mix versus a single policy (carbon tax or carbon trading scheme), the results showed that energy demand is rigid in response to technological shocks. Therefore, there is no significant difference for the energy...
Likewise, companies will need to understand the key drivers and risk factors when formulating their investment and trading strategies. Two questions this paper aims to address in particular are: The first question arises because carbon price risk is an important factor in investment decision-making ...
We develop an environmental dynamic stochastic general equilibrium (E-DSGE) model.We evaluate the interactive effects of the policy mix at the macro level.We ascertain the effectiveness range of the policy mix under various conditions.We optimize the policy mix from both static and dynamic perspectiv...
We present decarbonization technologies and initiatives, and negative emissions technologies, and we discuss carbon trading and carbon tax. We propose plans for carbon neutrality such as shifting away from fossil fuels toward renewable energy, and the development of low-carbon technologies, low-carbon ...
The idea behind carbon trading is a simple one, based on a fundamental characteristic of carbon dioxide as a commodity: that it is fungible. Because reduction or removal in one place affects atmospheric levels globally, it can be sold in the form of offsets or allowances. ...
energy intensity target (energy intensity is the priority); 5) promote the market-based trading system of energy-consumption indicators. As coal is the key pillar in China’s energy structure but the major source of CO2emission, proper management of coal consumption is vital for China to ...
The transport sector will play a pivotal role in achieving China’s carbon neutrality goal by 2060. This study develops a regional transport-energy integrated model to analyze the long-term pathways and strategies toward the carbon-neutral ground transpo
Mutual reinforcement of land-based carbon dioxide removal and international emissions trading in deep decarbonization scenarios Jennifer Morris Angelo Gurgel Sergey Paltsev Nature Communications (2024) Deployment expectations of multi-gigatonne scale carbon removal could have adverse impacts on Asia’s ener...
To better address the inequities and inequalities brought by the monotonous approach to low-carbon development, it is necessary to actively explore inclusive low-carbon development (ILCD) pathways, and low-carbon policy (LCP) synergy plays a crucial role in ILCD. This paper manually collected LCP...
However, economic policy instruments to guarantee potentially very costly net carbon dioxide removal (CDR) have not yet been devised. Here we propose intertemporal instruments to provide the basis for widely applied carbon taxes and emission trading systems to finance a net-negative carbon economy5. ...