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Achieving Copenhagen target through carbon emission trading: Economic impacts assessment in Guangdong Province of China
Wang, Peng1; Dai, Han-cheng2; Ren, Song-yan1; Zhao, Dai-qing1; Masui, Toshihiko2
2015
发表期刊ENERGY
卷号79页码:212-227
摘要This study analyzed the economic impacts of carbon ETS (emission trading scheme) policy among four energy intensive sectors in Guangdong province with a two-region dynamic CGE model. Five cases are considered to achieve Copenhagen target towards 2020 in Guangdong, including a reference case, two cases under different carbon emission constraints without carbon ETS, and two cases with ETS. The simulation results show that carbon price and economic impacts are closely related to both emission constraints and ETS. In the scenario that overshoots Copenhagen target and does not consider ETS, carbon mitigation cost of refinery and iron & steel sectors would be relatively higher whereas that of power and cement sectors would be lower, and the GDP (gross domestic production) loss would be 1.4%. On the contrary, with ETS implemented, the trading carbon price would be 38 USD (US Dollar)/ton-CO2, creating a carbon market of around 1 billion USD. Furthermore, ETS could significantly reduce the mitigation cost for the whole economy. The GDP of Guangdong province would recover by 2.6 billion USD. In addition, the economic output and employment of sectors with would be affected compared to the scenario without ETS. (C) 2014 Elsevier Ltd. All rights reserved.
文章类型Article
关键词Carbon Emission Trading General Equilibrium Model Carbon Trading Price
WOS标题词Science & Technology ; Physical Sciences ; Technology
DOI10.1016/j.energy.2014.11.009
研究领域[WOS]Thermodynamics ; Energy & Fuels
关键词[WOS]CGE ANALYSIS ; BOTTOM-UP ; ENERGY ; DEMAND ; COST
收录类别SCI ; SSCI
语种英语
WOS类目Thermodynamics ; Energy & Fuels
WOS记录号WOS:000348959000020
引用统计
文献类型期刊论文
条目标识符http://ir.giec.ac.cn/handle/344007/10791
专题中国科学院广州能源研究所
作者单位1.Chinese Acad Sci, Guangzhou Inst Energy Convers, Guangzhou 510640, Guangdong, Peoples R China
2.Natl Inst Environm Studies, Social & Environm Syst Div, Tsukuba, Ibaraki 3058506, Japan
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GB/T 7714
Wang, Peng,Dai, Han-cheng,Ren, Song-yan,et al. Achieving Copenhagen target through carbon emission trading: Economic impacts assessment in Guangdong Province of China[J]. ENERGY,2015,79:212-227.
APA Wang, Peng,Dai, Han-cheng,Ren, Song-yan,Zhao, Dai-qing,&Masui, Toshihiko.(2015).Achieving Copenhagen target through carbon emission trading: Economic impacts assessment in Guangdong Province of China.ENERGY,79,212-227.
MLA Wang, Peng,et al."Achieving Copenhagen target through carbon emission trading: Economic impacts assessment in Guangdong Province of China".ENERGY 79(2015):212-227.
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