Potential gains of trading CO2 emissions in the Chinese transportation sector

被引:14
|
作者
Wei, Xiao [1 ,2 ]
Chang, Young-Tae [2 ]
Kwon, Oh-Kyoung [2 ]
Zhang, Ning [3 ]
机构
[1] Shandong Univ, Ctr Econ Res, Jinan 250100, Shandong, Peoples R China
[2] Inha Univ, Grad Sch Logist, 100 Inharo, Incheon 402751, South Korea
[3] Shandong Univ, Inst Blue & Green Dev, Weihai 264200, Shandong, Peoples R China
基金
中国国家自然科学基金; 国家重点研发计划;
关键词
Transportation sector; Emission trading; Marginal abatement costs; Potential gains; Constrained maximum likelihood; China; DIRECTIONAL DISTANCE FUNCTIONS; DATA ENVELOPMENT ANALYSIS; ENVIRONMENTAL EFFICIENCY; COST SAVINGS; ABATEMENT COSTS; SHADOW PRICES; PERFORMANCE; OUTPUTS; HETEROGENEITY; TECHNOLOGY;
D O I
10.1016/j.trd.2020.102639
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
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.
引用
收藏
页数:14
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