Designing an emissions trading scheme for China with a dynamic computable general equilibrium model
文献类型：期刊论文
| 作者 | Tang, Ling1; Shi, Jiarui1; Bao, Qin2
|
| 刊名 | ENERGY POLICY
 |
| 出版日期 | 2016-10-01 |
| 卷号 | 97页码:507-520 |
| 关键词 | Emissions trading scheme (ETS) Computable general equilibrium (CGE) China Carbon cap Permit allocation |
| ISSN号 | 0301-4215 |
| DOI | 10.1016/j.enpol.2016.07.039 |
| 英文摘要 | To fulfill its Copenhagen pledges to control carbon emissions and mitigate climate change, China plans to establish a nationwide emissions trading scheme (ETS) in 2016. This paper develops a multi-sector dynamic computable general equilibrium model with an ETS module to study the appropriate ETS policy design, including a carbon cap, permit allocation and supplementary policies (e.g., penalty policies and subsidy policies). The main results are as follows. (1) To achieve China's Copenhagen pledge, the equilibrium nationwide carbon price is observed to be between 36 and 40 RMB yuan per metric ton. (2) The ETS policy has a cost-effective mitigation effect by improving China's production and energy structures with relatively little economic harm. (3) Various ETS sub-policies should be carefully designed to balance economic growth and carbon mitigation. In particular, the carbon cap should be set according to China's Copenhagen pledge. A relatively large distribution ratio of free permits, the output-based grandfathering rule for free permits, a penalty price (on illegitimate emissions) slightly above the carbon price, and a sufficient subsidy (from ETS revenue) are strongly recommended in the early stages to avoid significant economic loss. These designs can be adjusted in later stages to enhance the mitigation effect. (C) 2016 Elsevier Ltd. All rights reserved. |
| 资助项目 | National Natural Science Foundation of China (NSFC)[71301006] ; National Natural Science Foundation of China (NSFC)[71433001] ; Fundamental Research Funds for the Central Universities in BUCT |
| WOS研究方向 | Energy & Fuels ; Environmental Sciences & Ecology |
| 语种 | 英语 |
| WOS记录号 | WOS:000383292900048 |
| 出版者 | ELSEVIER SCI LTD |
| 源URL | [http://ir.amss.ac.cn/handle/2S8OKBNM/23380]  |
| 专题 | 系统科学研究所 |
| 通讯作者 | Tang, Ling |
| 作者单位 | 1.Beijing Univ Chem Technol, Sch Econ & Management, 15 Beisanhuan East Rd, Beijing 100029, Peoples R China 2.Chinese Acad Sci, Acad Math & Syst Sci, Beijing 100190, Peoples R China |
| 推荐引用方式 GB/T 7714 | Tang, Ling,Shi, Jiarui,Bao, Qin. Designing an emissions trading scheme for China with a dynamic computable general equilibrium model[J]. ENERGY POLICY,2016,97:507-520. |
| APA | Tang, Ling,Shi, Jiarui,&Bao, Qin.(2016).Designing an emissions trading scheme for China with a dynamic computable general equilibrium model.ENERGY POLICY,97,507-520. |
| MLA | Tang, Ling,et al."Designing an emissions trading scheme for China with a dynamic computable general equilibrium model".ENERGY POLICY 97(2016):507-520. |
入库方式： OAI收割
来源：数学与系统科学研究院
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