If the CO2 emission exceeds the amount of allocated certificates of a plant, operators have to buy certificates in the emission allowance trading. The ton of carbon dioxide saved, also known as 1 EUA, thus receives a direct monetary value that is determined on the basis of supply and demand...
Emission trading is a market-driven method to more quickly reduce carbon intensity, and has been widely used in countries with significant carbon emissions. In 2013, the Chinese government established pilot carbon emission trading programs in seven provinces. However, there is incomplete research on ...
Zang, J., Wan, L., Li, Z., Wang, C., & Wang, S. (2020). Does emission trading scheme have spillover effect on industrial structure upgrading? Evidence from the EU based on a PSM-DID approach.Environmental Science and Pollution Research,27(11), 12345–12357. https://doi.org/10.100...
Yang X, Jiang P, Pan Y (2020) Does China’s carbon emission trading policy have an employment double dividend and a Porter effect? Energy Pol 142:111492 Article Google Scholar Yuan Y, Chen Z (2019) Environmental regulation, green technology innovation and the transformation and upgrading of ...
Participants of the regulated market trade emission allowances, in other words they trade with permissions to pollute the atmosphere with GHGs. The voluntary carbon market can be thought of as the inverse of this because it facilitates the trading of carbon credits afforded to...
What Does Carbon Trading Mean? Carbon trading, also known as carbon emissions trading, is the use of a marketplace to buy and sell credits that allow companies or other parties to emit a certain amount of carbon dioxide.2The trade has led to usingcarbon accountingto measure the impact made...
management plan which monitors in minute detail the specific gases that they produce, as well as ensuring that they do not go above pre-agreed limits. If they do so, there is a carbon trading scheme in place which allows them to offset their excess emissions through the purchase of...
Your vessel running on eMethanol will help to reduce overall EU Emission Trading System (ETS) costs. Pooling benefit 2: generate savings to make the inevitable investments Instead of paying heavy fines associated with non-compliance, you can use that money to make further investme...
(Liu et al.2021b) and because carbon emission trading policies are dummy variables unsuitable as threshold variables, this study used environmental governance subsidies to measure IER (Tsireme et al.2012). Moreover, CER was measured using an environmental pollution composite index calculated by the...
Based on an extended STIRPAT framework, this paper investigates the effects of financial development on carbon emission intensity in OECD countries from linear and non-linear perspectives, where financial development is proxied by three dimensions: financial deepening, financial deepening, and financial siz...