Analysis of emission reduction effects of carbon trading: Market mechanism or government intervention?

Lin, Boqiang; Huang, Chenchen

doi:10.1016/j.spc.2022.06.016

Cited by 162 publications

(57 citation statements)

References 58 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Taking carbon trading in China as an example, how could China's carbon trading mechanism achieve the expected emission reduction when the market mechanism had not been fully established? This policy effect was not achieved through the market mechanism, but government intervention played a significant role in reducing carbon emissions (Lin and Huang 2022). Likewise, studying the moderating effect of local government intervention on transforming feed-in tariffs and knowledge stocks into renewable energy technology innovation, the results showed that local government intervention factors, such as policy count in renewables and R&D expenditure, were significant drivers for technology innovation (Zhao et al 2021).…”

Section: Government Interventionsmentioning

confidence: 99%

Examining the Role of Government Intervention in Market Failure and Government Failure

2022

JABE

View full text Add to dashboard Cite

This study investigated the role of government intervention in market failure and government failure during the card debt crisis in Taiwan. To achieve this goal, data related to information asymmetry was collected and combined with adverse selection and moral hazard data to confirm if market failure existed. Based on the confirmation of market failure, the study examined if government interventions could improve the market failure or, conversely, lead to government failure. Through constructing the research model and testing the research hypotheses related to market failure and government failure, the results showed that government interventions were essential to solve the card debt crisis under information asymmetry or market failure. The conclusions also implied that policymakers needed to employ resilient responses to improve the crisis in time, but never fell into the controversies of liberalism or protectionism.

show abstract

Section: Government Interventionsmentioning

confidence: 99%

Examining the Role of Government Intervention in Market Failure and Government Failure

2022

JABE

View full text Add to dashboard Cite

show abstract

“…Pan et al [ 9 ] explored the mediating role of government participation in the efficiency of the carbon trading market and showed that government regulation significantly moderated the positive effect of the carbon trading market on enterprises’ productivity. Lin et al [ 10 ] showed that carbon trading is effective in curbing carbon emissions, while government intervention plays an important role in carbon emission reduction. Zhu [ 11 ] argued that stronger government regulation can encourage enterprises to participate in carbon trading.…”

Section: Introductionmentioning

confidence: 99%

Role of Enterprise Alliance in Carbon Emission Reduction Mechanism: An Evolutionary Game Analysis

Geng

Yang

2022

IJERPH

View full text Add to dashboard Cite

This study constructs the enterprise alliance game party, designs the mechanism for which the alliance and the government are jointly responsible for enterprise carbon emission reduction work, and explores the evolutionarily stable strategies (ESSs) of the government, enterprises, and enterprise alliance under the policy of carbon tax and carbon trading with numerical simulations. The results show that: (1) the ESSs of the enterprise alliance are always to give technical support to enterprises; (2) the carbon trading price below the critical value can mobilize the enthusiasm of enterprises for honest emission reduction; (3) the carbon tax rate has a negative correlation with enterprise emission reduction behavior; (4) when the underreported carbon emissions of enterprises exceed the critical value, the enterprise will evolve into dishonest emission reduction. The high carbon emissions underreported by enterprises will mobilize the enthusiasm of the government to choose supervision. This study may be of certain reference significance to optimize the existing carbon emission reduction mechanism and achieve win-win cooperation between enterprises and government in the carbon trading market.

show abstract

“…Government intervention and environmental regulation also significantly impact regional carbon emissions. Government intervention and environmental regulation will not only affect carbon emissions through direct channels but also indirectly affect carbon emissions by affecting regional industrial structures (Zhang et al, 2020b;Lin and Huang, 2022). Specifically, government intervention measures such as pollutant discharge restrictions and pollutant discharge fees, will also impact regional carbon emissions.…”

Section: Introductionmentioning

confidence: 99%

Does the marketization of land transfer have an impact on carbon emissions? Evidence from China

Zhang

Yang

Huang

2022

Front. Environ. Sci.

View full text Add to dashboard Cite

Excessive carbon emissions caused by extensive economic development are the key to the current government’s carbon emission reduction goals. In the process of market-oriented reform of land transfer, alleviating the contradiction between land use and low-carbon development is an essential problem in achieving the purpose of carbon peaking and carbon neutrality. The impact of land transfer marketization on regional economic development is complex, and the final effect on carbon emissions needs to be further examined. Based on China’s provincial panel data from 2008 to 2017, this paper uses a double fixed effect model to conduct an empirical analysis. The lag effect of the initial regression results is tested, and the quantitative test of the mediating effect and moderating effect of fixed asset investment is also carried out. The following conclusions are drawn: Firstly, the improvement of the marketization of land transfer will promote carbon emissions; secondly, the promotion effect of the degree of marketization of land transfer on carbon emissions will become inhibited with the delay of the lag effect years. Moreover, fixed asset investment will play a masking effect and an adjustment effect; thirdly, the impact of the degree of marketization of land transfer on carbon emissions is different in the eastern and western regions divided by the degree of marketization, and the strength of government control will also have a significant impact on the impact. The research results of this paper enrich the economic impact theory of land transfer marketization and have certain value for regional land policy management in the context of carbon emission reduction.

show abstract

Analysis of emission reduction effects of carbon trading: Market mechanism or government intervention?

Cited by 162 publications

References 58 publications

Examining the Role of Government Intervention in Market Failure and Government Failure

Examining the Role of Government Intervention in Market Failure and Government Failure

Role of Enterprise Alliance in Carbon Emission Reduction Mechanism: An Evolutionary Game Analysis

Does the marketization of land transfer have an impact on carbon emissions? Evidence from China

Contact Info

Product

Resources

About