Economic Consequences of Carbon Tax and Carbon Emission Trading Scheme in Intensive Carbon Emission Enterprises

Qiaoliang Zhang; Jingwen Cao; Sheng Zhong
July 2014
Advanced Materials Research;2014, Vol. 962-965, p1717
Academic Journal
The paper constructed cost function, carbon emission function, calculated cost-reduction sensitivity coefficient, set four policy scenarios as different combination of carbon tax, carbon emission trading scheme and subsidy with six policy levels, and selected 30 listed companies from intensive carbon emission industry as research samples. The results show that carbon emission trading scheme has better economic consequences, and the combination of carbon emission trading scheme with subsidy is the best carbon emission reduction policy.


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