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We analyze two production ways of manufacturers: costly green production and less expensive non-green production. The former emits less green house gas, while the latter does more harm to global warming. We suppose there are three possible production strategies for a manufacturer: low cost production, dual production, and green mass market production. With an assumption that “green” consumers are...
The Development of environmental regulation of carbon emissions policy experienced three stages include no regulatory policy, administrative command control regulation and market-drived regulation. Cap-trading system is the primary means in market-drived regulation. In cap-trading system, the carbon emissions rights price increases with the increase of carbon emissions abatement amount, which means...
Global warming has become the most serious challenges the world are facing, and excessive emissions of greenhouse gases has caused widespread concern. In response to the worse-becoming environmental pollution and the greenhouse effect, two measures are commonly adopted in the world to suppress carbon dioxide emissions, namely carbon tax and carbon trading. Dynamic time model is utilized in this paper...
We consider the pricing problem between two competing firms who produce differentiated products under carbon tax policy and asymmetric information about carbon emissions intensity. We analyze the impact of carbon tax and information asymmetry on the firms' competitive decisions and obtain several interesting managerial insights. We find that the carbon tax has a more significant effect on the firm...
Recently, carbon emission abatement has been a key focus for environment-related policy making. However, it is very difficult for governments to set an appropriate abatement target and for economists to estimate how much emission reduction investment should be put. This paper first reviews existed measures of carbon emission abatement, and then surveys and argues emission-related research topics....
China's economic development is facing environmental and resource constraints, so it has become the key for sustainable economic development to transform the pattern of economic development and adjust the economic structure. The low-carbon mode of growth advocated by low-carbon economy is the best way for China' s future sustainable economic development. However, in the transition to the low-carbon...
With the global warming, how to reduce greenhouse gas emissions of CO2 mainly has become the focus of global discussion. Many economists proposed that if carbon tax is imposed according to the carbon content of traditional fossil fuel used in production, it will reduce carbon dioxide emissions. In fact, some countries have started to practice. The paper uses Environmental Kuznets Curve (EKC) to analyze...
"Carbon tariff" is a new kind of international trade tariff, which appears after countries have participated in the activity of reducing the discharge of greenhouse gases under the situation of global warming. The direct meaning of "carbon tariff" refers to impose particular carbon dioxide discharge tariff on the import of high-energy consuming materials. However, "carbon...
Climate change poses a huge threat to human welfare. Hence, developing a low-carbon economy has become a prevailing and inevitable trend. Decarbonization of power generation, especially converting the current power mix into a low-carbon structure, will be a critical option for CO2 emission mitigation. In this paper, an integrated power generation expansion (PGE) planning model towards low-carbon economy...
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