Short-Run Allocation of Emissions Allowances and Long-Term Goals for Climate Policy

Zetterberg, Lena; Wråke, Markus; Sterner, Thomas; Fischer, Carolyn; Burtraw, Dallas

doi:10.1007/s13280-011-0238-1

Cited by 72 publications

(24 citation statements)

References 36 publications

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“…6 Many theoretical contributions have analyzed the main features of the EU ETS, discussing its consequences and problems so far (cf. among others, Requate, 2005;Convery, 2009;Ellerman et al, 2010;Borghesi, 2011;Zetterberg et al, 2012). However, as Kemp (2010) and Kemp and Pontoglio (2011) point out, there are very few large scale empirical investigations of the innovation effects of the EU ETS, including its pilot phase (2005)(2006)(2007).…”

Section: Studies On Eu Ets and Eimentioning

confidence: 99%

Linking emission trading to environmental innovation: Evidence from the Italian manufacturing industry

2015

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Section: Studies On Eu Ets and Eimentioning

confidence: 99%

Linking emission trading to environmental innovation: Evidence from the Italian manufacturing industry

2015

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“…In addition, the mathematical programming model with carbon tax and carbon rights trading, as developed in this paper, can be extended to other relevant industries, such as construction, aviation, paper, steel, and other high pollution industries with high carbon emissions. In addition, this paper can be extended to the development of a green tax system through the design of a long-term and short-term mixed tax policy [64] to reflect the correct price of carbon tax and to reduce carbon emissions and air pollution. It is also possible to consider the policy of carbon emission and carbon pricing from the perspective of economics.…”

Section: Discussionmentioning

confidence: 99%

Carbon Taxes and Carbon Right Costs Analysis for the Tire Industry

Tsai

2018

Energies

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As enterprises are the major perpetrators of global climate change, concerns about global warming, climate change, and global greenhouse gas emissions continue to attract attention, and have become international concerns. The tire industry, which is a high-pollution, high-carbon emission industry, is facing pressure to reduce its carbon emissions. Thus, carbon prices and carbon trading have become issues of global importance. In order to solve this environmental problem, the purpose of this paper is to combine mathematical programming, Theory of Constraints (TOC), and Activity-Based Costing (ABC) to formulate the green production decision model with carbon taxes and carbon right costs, in order to achieve the optimal product mix decision under various constraints. This study proposes three different scenario models with carbon taxes and carbon right used to evaluate the effect on profit of changes in carbon tax rates.Energies 2018, 11, 2121 2 of 22 of uncertainty and political feasibility. Additional considerations include carbon taxes, tradable emission allowances, emission reduction subsidies, and research and development subsidies [6]. In the actual situation of the EU, the implementation of the carbon price policy can achieve the goal of emission reduction, and the carbon trading results also show that carbon emissions can be controlled through carbon trading [7]. But when the regulatory company gets compensation, efficiency needs to be paid among the companies to balance the damage caused by the marginal probability. Applying this basic economic logic to the analysis of the compensation rules proposed under the EU Emissions Trading Scheme, emissions permits can be allocated free of charge to carbon-intensive and trade-exposed industries [8]. However, various environmental policy instruments, including carbon emission taxes, tradable emission allowances, emission reduction subsidies, performance standards, technical tasks, and research and development subsidies, can meet major evaluation criteria, including cost-effectiveness, fair distribution, and risk minimization of uncertainty, and political feasibility [9]. Investigating carbon prices in China, the results show that it has important policy implications for regional markets to be included in national carbon trading [10]. The impact of the Emissions Trading Scheme (ETS) is one of the most effective mitigation measures [11]. The tire industry's production process greatly increases atmospheric greenhouse gas concentrations. At present, many countries have adopted a "carbon tax" levy to solve corporate carbon emission problems with the related costs borne by enterprises. Sathre and Gustavsson believed that taxation on environmental issues can reduce pollution [12]. Therefore, the impact of carbon pricing policies on the economy is very significant [13].In Australia, the carbon premium has become higher and higher after the implementation of the carbon tax, and indicates that a stable long-term policy is needed in the future to enable the carbon pricing mecha...

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“…In benchmarking [33,39,40], i.e., firms' benchmarking method, the quotas are equal to the benchmarking firm's emissions intensity multiplied by the annual intensity reduction factor and the tons and kilometers of the output of firms. The quota value is derived as follows:…”

Section: Accounting Model: Benchmarkingmentioning

confidence: 99%

How to Allocate the Allowance for the Aviation Industry in China’s Emissions Trading System

Tang

2019

Sustainability

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In order to combat climate change and control emissions in the aviation industry, it is necessary to research the aviation industry’s potential application of China’s Emissions Trading System (ETS), especially the carbon allowance allocation (CAA). On the basis of historical and benchmarking CAA schemes, considering the responsibility, capacity, and potential of firms, this study proposes the indicators CAA (ICAA) scheme. Moreover, considering firms’ costs, this study also proposes a multi-objective CAA (MCAA) scheme. Finally, the most effective scheme is reported. Results show that under ICAA and MCAA, caps are lower and basically consistent with the emissions reduction target of the “13th Five-Year Plan Work Program for Controlling GHG Emissions of Civil Aviation in China” and international goals. Different types of airlines gain different quotas according to their income and the number and age of their aircraft. The cost of reducing emissions in each scheme is less than 0.35% of their total costs. Under the ICAA-S, ICAA-P, and MCAA schemes, airlines can achieve a reduction in emissions of 19.7%, 20.9%, and 19.6%, respectively. Moreover, under MCAA, the difference in quotas between airlines is smaller. Therefore, of the schemes evaluated, MCAA is the most effective.

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Short-Run Allocation of Emissions Allowances and Long-Term Goals for Climate Policy

Cited by 72 publications

References 36 publications

Linking emission trading to environmental innovation: Evidence from the Italian manufacturing industry

Linking emission trading to environmental innovation: Evidence from the Italian manufacturing industry

Carbon Taxes and Carbon Right Costs Analysis for the Tire Industry

How to Allocate the Allowance for the Aviation Industry in China’s Emissions Trading System

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