Assessing the impact of ETS trading profit on emission abatements based on firm-level transactions

Jianfeng Guo; Fu Gu; Yinpeng Liu; Xi Liang; Jianlei Mo; Ying Fan

doi:10.1038/s41467-020-15996-1

Nature Communications (Apr 2020)

Assessing the impact of ETS trading profit on emission abatements based on firm-level transactions

Jianfeng Guo,
Fu Gu,
Yinpeng Liu,
Xi Liang,
Jianlei Mo,
Ying Fan

Affiliations

Jianfeng Guo: Institutes of Science and Development, Chinese Academy of Sciences
Fu Gu: Department of Industrial and System Engineering, Zhejiang University
Yinpeng Liu: Institutes of Science and Development, Chinese Academy of Sciences
Xi Liang: Centre for Business and Climate Change, The University of Edinburgh
Jianlei Mo: Institutes of Science and Development, Chinese Academy of Sciences
Ying Fan: School of Economics and Management, Beihang University

DOI: https://doi.org/10.1038/s41467-020-15996-1
Journal volume & issue: Vol. 11, no. 1
pp. 1 – 8

Abstract

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Carbon emission trading is an important market-based policy instrument to reduce GHG emission using reward-punishment mechanism. Here the authors show that the EU emission trading schemes operate at its designed purpose and there is a positive and linear relationship between firm profits and the firms’ efforts in abatement.

Published in Nature Communications

ISSN: 2041-1723 (Online)
Publisher: Nature Portfolio
Country of publisher: United Kingdom
LCC subjects: Science
Website: https://www.nature.com/ncomms/

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