The transportation sector is under high pressure to reduce their carbon emissions. Emission trading is widely used as a market-oriented policy instrument to reduce emissions and increase social and economic benefits. The present study introduces a new model for estimating the potential gains of CO2 emission trading for China's transportation sector by simulating a trading market. This hypothesized trading market considers both price information and underlying emission trading process. The marginal abatement cost of transport sector's CO2 emission is derived by designing a constrained maximum likelihood model with partial quantile order-alpha frontiers. Results showed an average marginal abatement cost of CO2 emission for China's transport sector at around 1009$/tonne. The estimated potential gains of emission trading measured in monetary terms range between 2 and 22 billion dollars, accounting for 0.5% of the total profit generated by the transportation sector.
机构:
Kyushu Univ, Urban Inst, Nishi Ku, 744 Motooka, Fukuoka 8190395, Japan
Kyushu Univ, Dept Urban Engn, Nishi Ku, 744 Motooka, Fukuoka 8190395, Japan
Kyushu Univ, Dept Environm Engn, Nishi Ku, 744 Motooka, Fukuoka 8190395, JapanUniv Delhi, Delhi Sch Econ, Dept Econ, Delhi 110007, India
Managi, Shunsuke
Jain, Rakesh Kumar
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机构:
Univ Delhi, Dept Business Econ, South Campus, New Delhi 110021, India
Indian Railways, New Delhi, IndiaUniv Delhi, Delhi Sch Econ, Dept Econ, Delhi 110007, India
机构:
Univ Teknol Malaysia, Dept Real Estate, Fac Geoinformat & Real Estate, Ctr Real Estate Studies, Johor Baharu 81310, Johor, MalaysiaUniv Teknol Malaysia, Dept Real Estate, Fac Geoinformat & Real Estate, Ctr Real Estate Studies, Johor Baharu 81310, Johor, Malaysia
Al-Mulali, Usama
Fereidouni, Hassan Gholipour
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机构:
Univ Teknol Malaysia, Dept Real Estate, Fac Geoinformat & Real Estate, Ctr Real Estate Studies, Johor Baharu 81310, Johor, MalaysiaUniv Teknol Malaysia, Dept Real Estate, Fac Geoinformat & Real Estate, Ctr Real Estate Studies, Johor Baharu 81310, Johor, Malaysia
Fereidouni, Hassan Gholipour
Mohammed, Abdul Hakim
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机构:
Univ Teknol Malaysia, Dept Real Estate, Fac Geoinformat & Real Estate, Ctr Real Estate Studies, Johor Baharu 81310, Johor, MalaysiaUniv Teknol Malaysia, Dept Real Estate, Fac Geoinformat & Real Estate, Ctr Real Estate Studies, Johor Baharu 81310, Johor, Malaysia
Mohammed, Abdul Hakim
[J].
ANATOLIA-INTERNATIONAL JOURNAL OF TOURISM AND HOSPITALITY RESEARCH,
2015,
26
(02):
: 230
-
243
机构:
CUNY Hunter Coll, New York, NY 10065 USA
United Nations Univ, Inst Adv Studies, UN, UNU Off, New York, NY 10017 USACUNY Hunter Coll, New York, NY 10065 USA
Marcotullio, Peter J.
Marshall, Julian D.
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机构:
Univ Minnesota, Dept Civil Engn, Minneapolis, MN 55455 USACUNY Hunter Coll, New York, NY 10065 USA