Fuel consumption analysis and cap and trade system evaluation for Canadian in situ oil sands extraction

Si, Minxing; Bai, Ling; Du, Ke

doi:10.1016/j.rser.2021.111145

Cited by 2 publications

(3 citation statements)

References 31 publications

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“…China launched its first carbon trading pilot in 2013, which entered into force in 2019. Therefore, it is important to explore the impacts of cap-and-trade regulations on enterprises, and conducting a simulation study on global carbon emission rights trading can provide practical outcomes [28][29][30][31][32][33][34][35]. Zhang and Xu [36] provided a basis for decision making on the reasonable use or sale of carbon emission rights by manufacturers and made a comparative analysis of the effectiveness of carbon trading and carbon tax.…”

Section: Cap-and-trade Regulationsmentioning

confidence: 99%

“…Currently, consumers are increasingly concerned about the energy crisis and global warming and are focused on environmentally friendly and green products [34,46]. In 2014, the Eurobarometer Commission survey stated that 75% of Europeans tended to buy green products at a higher price [47,48], which promotes the development of eco-friendly products.…”

Section: Consumers' Environmental Awarenessmentioning

confidence: 99%

“…, and η 3 i are the Lagrangian multipliers associated with Constraint (32), Constraint (33), and Constraint (34), respectively, while…”

Section: Ecological Manufacturers' Decisionsmentioning

confidence: 99%

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The Sustainable Supply Chain Network Competition Based on Non-Cooperative Equilibrium under Carbon Emission Permits

2022

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Under the background of a circular economy, this paper examines multi-tiered closed-loop supply chain network competition under carbon emission permits and discusses how stringent carbon regulations influence the network performance. We derive the governing equilibrium conditions for carbon-capped mathematical gaming models of each player and provide the equivalent variational inequality formulations, which are then solved by modified projection and contraction algorithms. The numerical examples empower us to investigate the effects of diverse carbon emission regulations (cap-and-trade regulation, mandatory cap policy, and cap-sharing scheme) on enterprises’ decisions. The results reveal that the cap-sharing scheme is effective in coordinating the relationship between system profit and carbon emission abatement, while cap-and-trade regulation loses efficiency compared with the cap-sharing scheme. The government should allocate caps scientifically and encourage enterprises to adopt green production technologies, especially allowing large enterprises to share carbon quotas. This study can also contribute to the enterprises’ decision-making and revenue management under different carbon emissions reduction regulations.

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