Analysis of the impacts of combining carbon taxation and emission trading on different industry sectors

Lee, Cheng F.; Lin, Sue J.; Lewis, Charles

doi:10.1016/j.enpol.2007.10.025

Cited by 82 publications

(44 citation statements)

References 11 publications

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“…The role of tax completely covers the role of subsidies at a high carbon price; the effect of implementing policies on the forestry economy is negative, and with the increase in the carbon price, the negative effect becomes more obvious. (2) There is a reasonable carbon price range between carbon sequestration and carbon tax subsidies; the implementation of carbon sequestration and carbon tax subsidies will facilitate forestry development in the interim, and in addition to the range, the implementation of carbon sequestration and carbon tax subsidies would hamper forestry development. This differs from the traditional understanding that a higher carbon price is not conducive to forestry.…”

Section: Discussionmentioning

confidence: 99%

“…Forestry is an effective way and important means to mitigate climate change, forming a broad consensus among the participating countries and organizations of the United Nations Climate Conference. Therefore, two mechanisms were proposed at the Cancun climate conference, i.e., REDD+ (reducing emissions from deforestation and forest degradation) and LULUCF (land use, land-use change, and forestry) [2,3]. The special status of forestry in addressing climate change has been fully affirmed by the international community.…”

Section: Introductionmentioning

confidence: 99%

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Forest Carbon Sequestration Subsidy and Carbon Tax as Part of China’s Forestry Policies

Liu

2017

Forests

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Forestry is an effective strategy for climate change mitigation. However, forestry activities not only sequester carbon but also release CO 2 . It is therefore important to formulate carbon subsidy and carbon taxation policies on the basis of the price of carbon. In this study, a forestry-based Computable General Equilibrium (CGE) model was built by using input-output data of China in 2014 to construct a Social Accounting Matrix (SAM). The model simulates different carbon price scenarios and was used to explore the effects of carbon subsidy and carbon taxation policies on the forestry economy. The main results can be summarized as follows: When the carbon price is low, the implementation of the policy increases forestry output and causes forest product prices to rise. When the carbon price is high, the carbon tax will produce an inhibitory effect, and output and prices will decline. With the constant rise of the carbon price, value addition will decrease, with flow to other industries. For the carbon sequestration policy, there is a reasonable carbon price range bound. In light of these results, relevant policies are proposed.

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Section: Discussionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Forest Carbon Sequestration Subsidy and Carbon Tax as Part of China’s Forestry Policies

Liu

2017

Forests

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“…Lee et al [14] proposed that applications of price mechanisms are important instruments for carbon reduction, among which the carbon tax has been frequently advocated as a cost-effective economic tool. They also showed that some European countries, such as the Netherlands, Denmark, Sweden, Finland, and Norway, have implemented carbon taxes for over 10 years, while Italy, Germany, and the UK also began to levy carbon taxes between 1999 and 2001.…”

Section: Carbon Tax and Co 2 Emission Costsmentioning

confidence: 99%

Incorporating life cycle assessments into building project decision-making: An energy consumption and CO2 emission perspective

Tsai

Lin

Liu

et al. 2011

Energy

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“…According to Figure 2, the energy consumption in the industrial sector is the largest, in 2016, for example, the energy consumption of the industrial sector accounts for about one-third (37.2%) of the total consumption of energy. Overall, the industrial sector is the most important energy consumer, and the main source of CO 2 emission [4]. …”

Section: Case Study Of Winerymentioning

confidence: 99%

Linear Programming Model for the Measurement of Environmental Performance in Wine Industry—Concepts and Empirical Results

Chen

2018

MATEC Web Conf.

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Abstract. In Taiwan we are currently facing serious air pollution problems, PM2.5 airborne particles not only endanger the human body, leading to coughing, asthma, chronic bronchial and other respiratory diseases, but it is also carcinogenic, our basic rights for survival has been seriously threatened. According to the latest study by the Environmental Protection Agency, the industrial sector accounts for about 25% of the sources of air pollution in Taiwan. The winemaking industry, with raw materials has several stages of production; it must use electricity, water, oil, diesel, gasoline, and steam as energy. The final product is not only wine, but also the discharge wastewater, lees, CO2, waste gas, etc. Different process methods will produce different energy consumption results, thus providing the possibility of CO2 reduction. This study takes the winemaking industry as a case study, trying to find out how to achieve a concept of "win-win situation "for both sides of carbon reduction and economy development. First, aiming at the policy of energy saving and carbon-reduction inventory of winery, trying to find out the source of pollution and the change of pollution source during 2008-2016, and then according to the data, the empirical results are analysed. Finally, a linear programming model proposed for the production planning of winemaking processes to achieve maximum operational profit while reducing CO2 emissions. The options considered in this research are levy the carbon tax in different prices to decrease CO2 emissions; installation of new equipment to enhance capacity; switching production schedule that emits less CO2. The objective of the linear programming model is to determine suitable CO2 mitigation options for a given reduction target while meeting the demand of each final product, quality specifications, and simultaneously maximizing profit. In this research, How to achieve the optimal production goals: minimizing the cost & energy consumption, and the maximum production value become the optimal production objection.

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Analysis of the impacts of combining carbon taxation and emission trading on different industry sectors

Cited by 82 publications

References 11 publications

Forest Carbon Sequestration Subsidy and Carbon Tax as Part of China’s Forestry Policies

Forest Carbon Sequestration Subsidy and Carbon Tax as Part of China’s Forestry Policies

Incorporating life cycle assessments into building project decision-making: An energy consumption and CO2 emission perspective

Linear Programming Model for the Measurement of Environmental Performance in Wine Industry—Concepts and Empirical Results

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