Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2016.12.038 |
A competitive carbon emissions scheme with hybrid fiscal incentives: The evidence from a taxi industry | |
Liu, Yang; Han, Liyan; Yin, Ziqiao; Luo, Kongyi | |
2017-03-01 | |
发表期刊 | ENERGY POLICY
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ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2017 |
卷号 | 102 |
文章类型 | Article |
语种 | 英语 |
国家 | Peoples R China |
英文摘要 | As two major approaches to reduce carbon emissions, command-and-control instruments and market-based carbon trading systems have their own weaknesses. Our paper first proposes a type of endogenous equilibrium methodology to dynamically derive the industrial carbon emissions standards. At the equilibrium, the sum of all carbon assets and liabilities is zero in the considered industry. Moreover, the standards fall over time with low carbon technological advance. Most importantly, combining Pigou's and Coase's ideas, we construct a fiscal instrument accounting for both carbon taxes and allowances based on the dynamically improved emissions standards and carbon trading prices. This "No revenue for government" method implements a self-operated ecology for carbon trading market. Finally, considering the "Waterloo" recession of carbon prices, we introduce an adjustment factor into the model, which generates a negative-feedback mechanism with carbon prices. To support our idea, we present the application to Beijing taxi industry in detail and raise relative policy implications based on the evidence. |
英文关键词 | Dynamic evolution Endogenous equilibrium Carbon emissions standards Hybrid mechanism Carbon taxes Incentive system Adjustment factor |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000397357200039 |
WOS关键词 | CAP-AND-TRADE ; ENVIRONMENTAL-POLICY ; TECHNOLOGY ; ENERGY ; QUANTITIES ; PRICES ; CHOICE ; MARKET ; SYSTEM |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/18236 |
专题 | 气候变化 |
作者单位 | Beihang Univ, Sch Econ & Management, Beijing 100191, Peoples R China |
推荐引用方式 GB/T 7714 | Liu, Yang,Han, Liyan,Yin, Ziqiao,et al. A competitive carbon emissions scheme with hybrid fiscal incentives: The evidence from a taxi industry[J]. ENERGY POLICY,2017,102. |
APA | Liu, Yang,Han, Liyan,Yin, Ziqiao,&Luo, Kongyi.(2017).A competitive carbon emissions scheme with hybrid fiscal incentives: The evidence from a taxi industry.ENERGY POLICY,102. |
MLA | Liu, Yang,et al."A competitive carbon emissions scheme with hybrid fiscal incentives: The evidence from a taxi industry".ENERGY POLICY 102(2017). |
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