期刊
JOURNAL OF CLEANER PRODUCTION
卷 103, 期 -, 页码 319-329出版社
ELSEVIER SCI LTD
DOI: 10.1016/j.jclepro.2014.08.081
关键词
Personal carbon trading; Energy consumption; Welfare change; Allowance price; Emission rate
资金
- National Natural Science Foundation of China [71301157, 71171183]
Personal Carbon Trading (PCT) is a downstream cap-and-trade scheme to reduce carbon emissions from the household sector. In comparison to an upstream carbon trading scheme, PCT is a progressive scheme in which the poorer consumers are mostly 'winners', as their levels of emissions are generally lower. This paper investigates the equilibrium pride for allowances and distributional effects under a PCT scheme. First, we propose an equilibrium model for PCT from which we derive an equilibrium price for allowances. Second, a consumer surplus analysis is conducted to examine the welfare changes caused by the PCT scheme. Generally, we find that the PCT scheme is progressive and can provide a buffer between the energy and allowance price. Based on these results, the implications are discussed and suggestions for a future study are provided. (C) 2014 Elsevier Ltd. All rights reserved.
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