Article
Energy & Fuels
Kangxin An, Shihui Zhang, Hai Huang, Yuan Liu, Wenjia Cai, Can Wang
Summary: Policy on household carbon reduction behavior plays a vital role in climate actions but is often overlooked in practice. The current uncontrolled household energy consumption under existing policies is inefficient towards achieving ambitious climate targets. Household participation in emission trading schemes (ETS) is identified as a valuable solution. Through a case study of China, it is found that household participation can significantly reduce carbon emissions, mitigation costs, household welfare loss, and impact social equity by 2050. The allocation mechanism of carbon allowances also has a significant impact on household welfare and social equity, showcasing the benefits of household participation in ETS and providing insights for policymakers to design careful and reasonable household carbon reduction policies globally.
Article
Green & Sustainable Science & Technology
Zhiwei Guo, Tao Li, Bowen Shi, Hongchao Zhang
Summary: The rapid expansion of China's vehicle fleet puts pressure on efforts to reduce carbon emissions. However, concerns have been raised about the environmental impact of electric vehicles (EVs) during the production phase. A study using a computational model found that the increase in EV sales has a negligible impact on the overall economy and the difference in CO2 emissions between EVs and internal combustion engine vehicles is marginal. Therefore, large-scale adoption of EVs will not hinder the sustainable development of the automotive industry.
SUSTAINABLE PRODUCTION AND CONSUMPTION
(2022)
Article
Environmental Sciences
Shuyang Chen, Can Wang
Summary: When evaluating climate policy, it is important to consider the distributional employment impacts at the sectoral level. This study uses a CGE model to simulate the Chinese nationwide ETS and finds that the policy decreases total labor employment in the short term but has positive effects in the long term. The policy increases employment in complementary sectors and decreases employment in sectors with intensive electricity use.
JOURNAL OF ENVIRONMENTAL MANAGEMENT
(2023)
Review
Environmental Sciences
Laura Fabregat-Aibar, Angels Ninerola, Laia Pie
Summary: This article provides an exhaustive analysis of the literature on computable general equilibrium models (CGE) and their applications in the field of sustainable development. It reveals the current state of the-art, trends, subfields of research, and future research gaps through descriptive, relational, and content analyses.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Economics
Hong-Dian Jiang, Li-Jing Liu, Kangyin Dong, Yu-Wei Fu
Summary: The increasing oil demand in China has brought negative issues including energy security risk, carbon emissions, and air pollution. It is crucial to rationally control oil consumption and achieve peak as soon as possible for national energy security, climate change, and environmental pollution. This study evaluates the socio-economic and environmental effects of including different high oil-consuming industries in the emission trading system (ETS), and finds that including the Chemical, Non-Metal, Transportation, and Construction industries has the best overall effect.
Article
Energy & Fuels
Korrakot Phomsoda, Nattapong Puttanapong, Mongkut Piantanakulchai
Summary: This study used a dynamic computable general equilibrium model to analyze the economy-wide effects of reallocating biofuel subsidies to the transportation sector. The results indicated that reallocating the subsidies to road public transportation could lead to the highest long-term economic growth and have the least impact on the consumer price index. These findings emphasize the importance of continuous investment in transportation over fuel price distortion schemes for policymakers.
Review
Environmental Sciences
Kangxin An, Shihui Zhang, Jiaxin Zhou, Can Wang
Summary: Computable general equilibrium (CGE) models are widely used in assessing the economic, social, and environmental impacts of low-carbon policies. This review analyzed 1002 studies published between 2001 and 2021, revealing the global application of CGE models in low-carbon policy analysis. The study highlights the primary policy focuses, the increasing attention on social and environmental consequences, and the complexity of CGE models to serve diverse policy study purposes.
ENVIRONMENTAL RESEARCH LETTERS
(2023)
Article
Green & Sustainable Science & Technology
Yuanhua Chang, Ying Tian, Ge Li, Jun Pang
Summary: The carbon tax, as an environmental regulation tool, can promote technological progress, which has been overlooked in previous evaluations of its economic impact. This study uses the Generalized Method of Moment model to examine the effect of an environmental tax on total factor productivity and energy efficiency. The findings suggest that a carbon tax policy initially negatively impacts GDP but can become positive in the later stages due to technological progress and a transition to low-carbon industries.
JOURNAL OF CLEANER PRODUCTION
(2023)
Article
Environmental Studies
Zhijie Jia
Summary: This paper provides a new analytical framework to interpret the results of a computable general equilibrium model, focusing on China's Emission Trading Scheme (ETS) and its impact mechanism. The study analyzes the price fluctuation, macro indicators, and the impact on residents, factor flow, enterprises, and households. The results show that ETS may lead to a rise in consumer price index, reduced purchasing power, and widening urban-rural gap.
ENVIRONMENTAL IMPACT ASSESSMENT REVIEW
(2023)
Article
Environmental Sciences
Shuyang Chen, Can Wang
Summary: Nowadays, population ageing is a common social phenomenon that occurs worldwide. This study aims to evaluate the impacts of population ageing on climate policy by incorporating ageing impact in climate policy evaluation. The results show that population ageing tends to increase governmental health expenditure while Emission Trading Scheme decreases both private and governmental health expenditure.
SCIENCE OF THE TOTAL ENVIRONMENT
(2023)
Article
Green & Sustainable Science & Technology
Shiyan Wen, Zhijie Jia
Summary: This study examines the synergistic effect of combining emissions trading schemes (ETS) and energy carbon-content taxes (ECT) in China, finding that it helps reduce GDP loss, CO2 emissions, and negative impact on social welfare. However, there are also costs associated with this synergy, including energy security concerns and increased carbon leakage.
JOURNAL OF CLEANER PRODUCTION
(2023)
Article
Environmental Sciences
Haitao Xu, Xiongfeng Pan, Jinming Li, Shenghan Feng, Shucen Guo
Summary: The effectiveness of different environmental regulation policies, specifically carbon tax and carbon emission trading, in China and two economic regions were explored using a multi-regional environmental dynamic computable general equilibrium model. Results indicate that carbon emission trading is more effective for economic development due to lower economic costs, while carbon tax is more effective for emission reductions. Furthermore, the environmental regulation has a more significant impact on the energy industry, heavy industry, and transport service industry.
JOURNAL OF ENVIRONMENTAL MANAGEMENT
(2023)
Article
Economics
Yuling Pan, Feng Dong
Summary: In the context of low carbon economy development, controlling fossil energy consumption and promoting renewable energy development are crucial for energy transition. This study investigates the green finance policy coupling effect of fossil energy use rights trading (FET), renewable energy certificates trading (RECT), and renewable energy subsidies (RES) in China using a dynamic recursive computable general equilibrium (CGE) model. The main findings show that the allocation of fossil energy use rights quotas using a game equity fixed-cost allocation model remains stable across most sectors compared to the base period. The implementation of FET and RECT has a negative impact on per capita GDP, but RES can mitigate this impact in the short term.
ECONOMIC ANALYSIS AND POLICY
(2023)
Article
Environmental Sciences
Shuyang Chen, Mingyu Li, Can Wang
Summary: This paper uses an integrated assessment model (IAM) to analyze the primary benefit of the emission trading scheme (ETS) in China. The results show that under current mitigation efforts, global temperature will rise by 0.7°C, and the implementation of ETS has negative effects on labor input but slightly increases labor input as the primary benefit. Furthermore, neglecting global climate benefits may make regional climate policies less attractive and lead to free-rider issues.
MITIGATION AND ADAPTATION STRATEGIES FOR GLOBAL CHANGE
(2023)
Article
Energy & Fuels
Zhijie Jia, Boqiang Lin, Shiyan Wen
Summary: This study simulated the electricity market-oriented reform under the target of carbon neutrality and found that the target may increase the demand for labor and capital while reducing GDP, but power reform can help optimize energy and economic structures.
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Jan Abrell, Hannes Weigt
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Zoi Vrontisi, Jan Abrell, Frederik Neuwahl, Bert Saveyn, Fabian Wagner
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Jan Abrell, Sebastian Rausch, Hidemichi Yonezawa
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Jared B. Garrison, Jan Abrell, Jonas Savelsberg, Hannes Weigt, Turhan Demiray, Christian Schaffner
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Jan Abrell, Sebastian Rausch
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Jonathan Pycroft, Jan Abrell, Juan-Carlos Ciscar
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