Heliyon (Feb 2024)
Impact of carbon pricing on the integrated green supply chain of the semiconductor industry
Abstract
To better respond to the strategic goals of ''carbon peaking'' and ''carbon neutrality,” businesses are collaborating with suppliers and customers to jointly promote green and environmentally friendly practices to increase economic benefits, enhance social reputation, and improve environmental competitiveness while achieving environmental performance. Currently, some theoretical achievements in the field of green supply chain integration have been made. Nevertheless, systematic retrospective research needs to be improved to help us fully understand the status of research in China and elsewhere. Therefore, this article analyzed the concept of green supply chain integration using eight years of data (from 2014 to 2021) from a small and medium-sized environmental company1 and divided the concept into four systems: the water cycle system (H2O), renewable energy system (CaCl2), carbon peak system (CO2), and carbon-neutral system (CO2). These four systems were analyzed with regard to internal green integration, green supplier integration, and green customer integration, and the Scheffé method was used to analyze the impact of these four systems on corporate ecological impact and financial and social sustainability. The study also verified that the intensity of sunlight on solar panels is significantly affected by environmental temperature (ET), carbon neutrality, and the electricity generated by solar panels. The impact of carbon pricing was also explored using the probability density function (PDF) method. The contribution of this research lies in the fact that it provides evidence that solar energy can help reduce the use of fossil fuels, reducing demand for the carbon quota market. This can help lower carbon prices, thereby encouraging more businesses and countries to participate in carbon neutrality and emission reduction actions. In addition, solar power systems can replace renewable energy sources, making the carbon quota market more diverse and stable. Carbon pricing options can be used to manage the risks and uncertainties related to carbon pricing policies, and policy-makers can use them to develop appropriate risk management strategies.
