Article
Green & Sustainable Science & Technology
Xiaolin Yu, JunWei Shi, Kai Wan, Tsangyao Chang
Summary: As an important exploration of energy-saving and emission reduction through market mechanism, carbon emission trading market has significant theoretical and practical significance on the impact of environmental performance of enterprises. This paper examines the impact of carbon market policy initiation and its improvement on corporate environmental performance. The findings suggest that carbon market policy can effectively improve corporate environmental performance, and the degree of perfection of carbon market policy has a threshold effect. Internal corporate governance and corporate carbon information disclosure can form a synergistic effect with carbon market policy to promote corporate environmental performance improvement. Moreover, the carbon market policy has a more significant effect on the environmental performance improvement of certain types of enterprises.
JOURNAL OF CLEANER PRODUCTION
(2022)
Article
Environmental Studies
Xueping Wu, Wenhai Qiu, Shihong Guo
Summary: China's emissions trading scheme (ETS) effectively reduces CO2 emissions and promotes economic growth even with low carbon prices. Technological innovation, FDI, energy mix, and industrial structure are crucial channels for carbon pricing to achieve emission reduction and economic development. The absence of carbon leakage to neighboring regions suggests the internal effectiveness of ETS as an emission control mechanism. Heterogeneity analysis highlights the importance of targeted policy design and appropriate allocation methods in influencing the effectiveness of carbon pricing.
Article
Engineering, Environmental
Tian-tian Feng, Rong Li, Hui-min Zhang, Xiao-lei Gong, Yi-sheng Yang
Summary: China has set emission reduction targets for 2030 and 2060, and implemented CET and TGC to achieve these goals. Through simulation and policy synergy modeling, it was found that TGC and CET systems can optimize power supply structure and slow down the growth rate of CO2 emissions.
RESOURCES CONSERVATION AND RECYCLING
(2021)
Article
Green & Sustainable Science & Technology
Jin Zou, Pengxiang Chen, Xu Fu, Chi Gong
Summary: Carbon trading is widely used as a carbon finance instrument to promote green transformation. This paper explores its impact on bond spreads for high-carbon enterprises. The study finds that participation in carbon trading pilots leads to lower bond spreads for high-carbon enterprises. This reduction in spreads is attributed to improvements in environmental performance and increased information disclosure.
JOURNAL OF CLEANER PRODUCTION
(2023)
Article
Thermodynamics
Xinyue Zhang, Xiaopeng Guo, Xingping Zhang
Summary: The establishment of carbon emissions trading (CET) and tradable green certificate (TGC) markets in China will significantly impact the bidding behavior of generation companies (GENCOs) and the low-carbon transformation of the power industry. A Nash bargaining game model was used to assess the synergy of power, CET, and TGC markets on the decision behavior of non-renewable energy GENCOs, renewable energy GENCOs, and power purchasers. The simulation results reveal the effects of transition incentives, price interactions, and profit blocking between the three markets.
Article
Economics
Qianqian Guo, Zhifang Su, Chaoshin Chiao
Summary: This study finds that the implementation of carbon emissions trading policy can effectively promote investment and financing for emissions reduction, as well as reduce carbon emissions. These effects persist over time and can spill over from pilot regions to nearby non-pilot regions, with a more pronounced effect in eastern and wealthy regions. Additionally, R&D and industrial upgrading play a mediating role in linking the policy to emissions reduction efforts.
ECONOMIC CHANGE AND RESTRUCTURING
(2022)
Article
Environmental Sciences
Xiongfeng Pan, Chenxi Pu, Sai Yuan, Haitao Xu
Summary: This paper examines the impact of China's pilot carbon emission trading scheme (CETS) on the total factor productivity (TFP) of enterprises, and discusses the mediating role of government participation and carbon trading market efficiency. The study finds that CETS has a significant positive effect on enterprises' TFP, which has been maintained for six years. It also shows that government participation and carbon trading market efficiency moderate the positive impact of CETS on TFP.
JOURNAL OF ENVIRONMENTAL MANAGEMENT
(2022)
Article
Green & Sustainable Science & Technology
Sujuan Li, Jiaguo Liu, Juanjuan Wu, Xiyuan Hu
Summary: This paper uses a spatial econometric model to study the effect of carbon emission trading policy on traffic carbon emissions in the transport industry. The results show that the policy has a significant effect on reducing carbon emissions in pilot areas and there is a spatial spillover effect. The paper also discusses the impact of government intervention on the carbon emissions trading market.
JOURNAL OF CLEANER PRODUCTION
(2022)
Article
Economics
Mengyu Li, Maosheng Duan
Summary: The study shows that full linkage may bring the largest welfare gains for each participant, but it may also reduce China's international competitiveness in domestic sectors and hinder renewable energy development in its linkage partners. Limited linkage is more politically feasible, can be established initially, but requires a balance between different policy objectives.
Article
Business
Lirong Chen, Siyi Liu, Xin Liu, Jiani Wang
Summary: The study shows that the implementation of ETS can significantly increase corporate environmental investments and improve environmental and financial performance. The positive impact of ETS is more pronounced in firms participating in carbon markets with higher liquidity, facing higher regulatory pressure, and unable to pass through emissions costs to customers.
EMERGING MARKETS FINANCE AND TRADE
(2022)
Article
Economics
Stefano F. Verde, Simone Borghesi
Summary: In this article, the international dimension of the EU Emissions Trading System (EU ETS) is analyzed through a review of facts and economic theory. The EU's experience in international cooperation and the impact of linking the EU ETS to the Kyoto flexible mechanisms are discussed. Looking ahead, the EU ETS has the potential to effectively reduce foreign emissions if competitiveness and distributional effects are addressed.
ENVIRONMENTAL & RESOURCE ECONOMICS
(2022)
Article
Green & Sustainable Science & Technology
Xin Chang, Zhaoyuan Wu, Jingting Wang, Xingyu Zhang, Ming Zhou, Tao Yu, Yuyang Wang
Summary: China is promoting the construction of national electricity market and carbon market to accelerate the low-carbon transition in the energy sector. The coupling effect of carbon emission trading and tradable green certificates under electricity marketization in China is examined. Simulation results show that coordination of the two can alleviate the pressure of fiscal deficit and promote low-carbon transition.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2023)
Article
Development Studies
Jiekuan Zhang, Yan Zhang
Summary: This study revealed that implementing China's emissions trading system policy has had a negative impact on economic growth, which has increased over time. The counterfactual tests confirmed the reliability of the research results. The specific policy influence mechanism was discussed.
JOURNAL OF ENVIRONMENTAL PLANNING AND MANAGEMENT
(2021)
Article
Environmental Sciences
Zumian Xiao, Shiqun Ma, Hanwen Sun, Jiameng Ren, Chao Feng, Shihao Cui
Summary: Clarifying the time-varying spillovers among pilot carbon emission permit trading markets is crucial for building the national carbon emission trading market in China. The study reveals that Beijing and Chongqing markets are the main sources of spillovers with strong pricing power, while Guangdong and Tianjin markets are the main receivers. Policy orientation plays a significant role in the spillover effects among China's carbon markets.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Environmental Sciences
Benjamin Rontard, Humberto Reyes Hernandez
Summary: This study examines the political construction of the New Zealand Emissions Trading Scheme (NZ ETS) and highlights its unique features and challenges in ensuring environmental efficiency.
ENVIRONMENTAL DEVELOPMENT
(2022)
Article
Green & Sustainable Science & Technology
M. Genovese, F. Piraino, P. Fragiacomo
Summary: This research proposes the concept of a hydrogen valley in southern Italy, where hydrogen is produced centrally and delivered via fuel cell hybrid trains to refueling stations, providing transportation services. The analysis from both technical and economic perspectives shows that the cost of hydrogen and energy efficiency reached competitive levels, and hydrogen rail transport offers significant benefits in terms of emissions reduction and economic gains compared to conventional diesel trains and fully electric trains.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Review
Green & Sustainable Science & Technology
Miaomiao Liu, Payam Nejat, Pinlu Cao, Carlos Jimenez-Bescos, John Kaiser Calautit
Summary: This article provides a critical review of the performance of windcatchers, pointing out the current research gaps and issues, and proposing directions for further investigation and market prospects.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Review
Green & Sustainable Science & Technology
Solomon Boadu, Ebenezer Otoo
Summary: Despite Africa's vast energy resources, including wind energy, the continent faces challenges in developing its wind energy industry. Northern African countries and South Africa currently dominate the wind energy sector in Africa. To uplift Africa's socio-economic status, strong political will, supportive policies, and institutional frameworks are needed to drive the development of wind energy and overcome existing challenges.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Article
Green & Sustainable Science & Technology
E. K. Grubbs, S. M. Gruss, V. Z. Schull, M. J. Gosney, M. V. Mickelbart, S. Brouder, M. W. Gitau, P. Bermel, M. R. Tuinstra, R. Agrawal
Summary: As the global population grows, the demand for food, energy, and water will increase significantly. However, limited land availability and competition for solar resources pose challenges to resource generation technologies. In the United States, both agriculture and solar energy production have adopted densification schemes to improve yields and energy output per unit of land. This research proposes an Agrivoltaic food and energy coproduction architecture that optimizes power generation while maintaining crop productivity by implementing ideal anti-tracking during critical growth periods. This technology offers a viable pathway for widespread solar implementation throughout the contiguous United States.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Review
Green & Sustainable Science & Technology
Han Shao, Rui Henriques, Hugo Morais, Elisabetta Tedeschi
Summary: The integration of offshore wind energy into the electric grid provides opportunities in terms of environmental sustainability and cost efficiency, but poses challenges to power quality. This survey offers a deeper understanding of disturbance detection and classification tools, exploring root causes, disturbance locations, and algorithmic solutions. It highlights synchronized waveform measurement and discusses evaluation metrics for detection and classification algorithms. Additionally, a novel system-wide monitoring framework is proposed.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Review
Green & Sustainable Science & Technology
Eleni Davidson, Yair Schwartz, Joe Williams, Dejan Mumovic
Summary: A continued upward trend in global greenhouse gas emissions poses risks to global infrastructure and built assets. Maintaining high indoor environmental quality standards is a challenge for higher education institutions under future climates. Passive cooling mechanisms may be insufficient to tolerate predicted temperature increases. Different building typologies have varying energy demand projections.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Article
Green & Sustainable Science & Technology
Kexin Pang, Jian Zhou, Stamatis Tsianikas, David W. Coit, Yizhong Ma
Summary: This study proposes a new framework for long-term microgrid expansion planning, using deep reinforcement learning method to consider various uncertainties and constraints. The framework aims to enhance the effectiveness of microgrid expansion planning from the perspectives of economy, resilience, and greenhouse gas emission reduction.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Article
Green & Sustainable Science & Technology
Jun Zhao, Kangyin Dong, Xiucheng Dong
Summary: The continuous growth of global electricity penetration has provided modern energy for alleviating energy poverty, but its impact on carbon neutrality has been overlooked. The research reveals that clean electricity from traditional fossil energy and renewable energy has a positive influence on the greenhouse effect. Eradicating energy poverty can effectively alleviate the greenhouse effect, especially in non-Belt and Road Initiative (B&RI) nations.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Review
Green & Sustainable Science & Technology
Hossein Shahbeik, Hamed Kazemi Shariat Panahi, Mona Dehhaghi, Gilles J. Guillemin, Alireza Fallahi, Homa Hosseinzadeh-Bandbafha, Hamid Amiri, Mohammad Rehan, Deepak Raikwar, Hannes Latine, Bruno Pandalone, Benyamin Khoshnevisan, Christian Sonne, Luigi Vaccaro, Abdul-Sattar Nizami, Vijai Kumar Gupta, Su Shiung Lam, Junting Pan, Rafael Luque, Bert Sels, Wanxi Peng, Meisam Tabatabaei, Mortaza Aghbashlo
Summary: This review explores the production of biocrude oil from biomass feedstocks through the process of hydrothermal liquefaction (HTL). It discusses the impact of process parameters on the quality, quantity, cost, and environmental impacts of biofuels. The review also highlights the challenges and prospects for the future development of biocrude oil.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Article
Green & Sustainable Science & Technology
Meysam Majidi Nezhad, Mehdi Neshat, Georgios Sylaios, Davide Astiaso Garcia
Summary: Digital twins promise innovation for the marine renewable energy sector by using modern technological advances and the existing maritime knowledge frameworks. This research presents critical aspects of digital twin implementation challenges in marine energy digitalization approaches that use and combine data systems.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Article
Green & Sustainable Science & Technology
Yeganeh Sharifian, Hamdi Abdi
Summary: This paper discusses the background and objectives of the multi-area economic dispatch problem, as well as various techniques and methods applied in this field. It also covers comprehensive formulations of the problem and important issues in the field of probabilistic MAED, along with some related concepts and suggestions.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Review
Green & Sustainable Science & Technology
J. G. B. Churchill, V. B. Borugadda, A. K. Dalai
Summary: The increasing global energy demand and the need to reduce fossil fuel reliance have created a demand for renewable and sustainable fuel sources. This review explores the potential of tall oil, a by-product of the pulping industry, as a feedstock for biofuels. The review provides an overview of tall oil production, purification, and treatment, and investigates recent trends and barriers towards tall oil-derived biofuels.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Review
Green & Sustainable Science & Technology
David C. Broadstock, Xiangnan Wang
Summary: This study provides a general review of research on district cooling, identifying key topics and themes and highlighting potential research priorities for future studies.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Article
Green & Sustainable Science & Technology
L. Scharnhorst, D. Sloot, N. Lehmann, A. Ardone, W. Fichtner
Summary: This study investigates and analyzes the barriers to demand response in industrial and commercial sectors, highlighting their significance. Concerns about diminished product quality, disruptions to production processes, human resource management, and revenue uncertainty are identified as the most frequently cited barriers. Overcoming these barriers requires bridging knowledge gaps, allocating sufficient resources, and adapting external incentives and policies.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Review
Green & Sustainable Science & Technology
Tong Feng, Yuechi Sun, Yating Shi, Jie Ma, Chunmei Feng, Zhenni Chen
Summary: Air pollution is a significant global challenge, and policymakers have implemented policies to reduce it. Evaluating the effectiveness of these policies is critical, and our study reveals trends and gaps in air pollution policy research. We found that research has shifted from focusing solely on air pollutants to including methodologies, policies, and health implications. China has emerged as a major contributor in this field of research.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)