Carbon emissions abatement: Emissions trading vs consumer awareness
Carbon emissions abatement: Emissions trading vs consumer awareness
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碳减排:排放交易与消费者意识
DOI:
10.1016/j.eneco.2018.09.019
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发表时间:
2018-10
期刊:
影响因子:
12.8
通讯作者:
Fuqiang Zhang
中科院分区:
文献类型:
--
作者:
Wen Wen;P. Zhou;Fuqiang Zhang
This paper studies firms' carbon emissions abatement and pricing strategies in a competitive market when facing the pressure from both emissions trading price and consumer carbon awareness. We develop a duopoly game and investigate how problem parameters affect the equilibrium outcome. We find that carbon price and consumer awareness level have an additive effect on a firm's emissions abatement effort. However, these two factors have different implications for the firms' prices and profits. In particular, the firms' prices first decrease and then increase with consumer awareness level, while the firms' profits first decrease and then increase with carbon price when there is a moderate emissions cap. From both the consumers' and the firms' standpoints, an appropriate emissions abatement strategy for the central planner is to first push up the carbon price and then promote consumer carbon awareness. Such a strategy provides incentives for firms to invest in carbon abatement activities, without causing drastic changes to product prices and firm profits. Finally, we generalize the base model to consider more than two firms. It has been found that raising carbon price may be a better policy choice than promoting consumer awareness for the central planner who aims at reducing carbon emissions in various industries with different competition levels.
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DOI:
10.2139/ssrn.1823164
发表时间:
2011-02
期刊:
O&M: Firms & Other Social Institutions eJournal
影响因子:
--
作者:
N. Doni;G. Ricchiuti
通讯作者:
N. Doni;G. Ricchiuti
影响因子:
6.4
作者:
Luo, Zheng;Chen, Xu;Wang, Xiaojun
通讯作者:
Wang, Xiaojun
DOI:
10.2139/ssrn.1352002
发表时间:
2009-02
期刊:
Environmental Economics eJournal
影响因子:
--
作者:
D. Burtraw;K. Palmer;Danny Kahn
通讯作者:
D. Burtraw;K. Palmer;Danny Kahn
DOI:
10.5547/01956574.38.2.pcos
发表时间:
2017-03
期刊:
The Energy Journal
影响因子:
--
作者:
P. Costa;N. Bento;V. Marques
通讯作者:
P. Costa;N. Bento;V. Marques
影响因子:
12.8
作者:
Plambeck, Erica L.
通讯作者:
Plambeck, Erica L.