Application of Blockchain in Carbon Trading

Pan, Yang; Zhang, Xiaosong; Wang, Yi; Yan, Jiang; Zhou, Shuonv; Li, Guanghua; Bao, Jiexiong

doi:10.1016/j.egypro.2019.01.509

Cited by 81 publications

(31 citation statements)

References 1 publication

Supporting

Mentioning

Contrasting

Order By: Relevance

“…After developing the forest credit methodology, BMV started to look for blockchain applications in 2017 with the intention of avoiding double selling, a problem that emerged in the past with regard to carbon credit negotiation in Brazil. Pan et al (2019) confirm that 'the goal of blockchain technology in the energy industry is to provide a fully decentralized energy system that can be communicated directly between producer and consumer' (p. 4287). These authors reinforce that to provide safety and reliability, 'each record will have a timestamp and a unique cryptographic signature, which ensures that each transaction can be traced back to the historical record' (Pan et al, 2019, p. 4288).…”

Section: Blockchain Infrastructure Designed By Bmvmentioning

confidence: 93%

Blockchain in the Amazon: creating public value and promoting sustainability

Tavares

Meirelles

Tavares

et al. 2020

Information Technology for Development

View full text Add to dashboard Cite

Section: Blockchain Infrastructure Designed By Bmvmentioning

confidence: 93%

Blockchain in the Amazon: creating public value and promoting sustainability

Tavares

Meirelles

Tavares

et al. 2020

Information Technology for Development

View full text Add to dashboard Cite

“…For the energy-intensive fashion apparel manufacturing industries, Fu et al [38] present blockchain-based models for measuring carbon emissions in the production cycle. Beyond general application models of blockchain-based carbon emissions trading [19,[39][40][41][42], Kim and Huh [18] focus on the governance system, whereas Tang and Tang [20] concentrate on the accounting perspective. An integration model of blockchain-based peer-to-peer trading in the energy and the carbon emission market is given by Hua et al [21].…”

Section: Related Literaturementioning

confidence: 99%

A European Emissions Trading System Powered by Distributed Ledger Technology: An Evaluation Framework

Mandaroux

Dong

Li³

2021

Sustainability

View full text Add to dashboard Cite

The European Union Emissions Trading System (EU ETS) is a major pillar of the European energy policy to reduce greenhouse gas emissions. However, the reportedly pervasive frauds in this market are constraining the beneficial role of the EU ETS. In this conceptual paper, we propose to digitalize the EU ETS by distributed ledger technology (DLT), enabling the verification of authenticity and provenance, proof of ownership, and lifecycle traceability of carbon certificates and assets. Our platform allows verifiable credentials to validate emission allowances, real-time tracking of trading participants’ emissions, and the audit trail reporting of the decentralized trading records. Furthermore, we complement the DLT application concept with a structured interdisciplinary evaluation framework. Our framework and analysis aim to stimulate further interdisciplinary research in this area to support regulators, such as the European Commission, in designing effective digital emissions trading systems.

show abstract

“…Blockchain technology can be used to track the carbon footprint, transactions and carbon emissions data from different stakeholders in a complex supply chain network [38]. Also blockchain has the ability to be used in corporate carbon trading through a reliable flow of information, point to point transactions records between all firms in a supply chain which leads to decentralization and finally easier access to the carbon trading market by reducing the entry threshold [88]. In fact carbon emission trading is among most cost effective mechanisms to reduce carbon footprint [89].…”

Section: Research Constructs and Proposition Developmentmentioning

confidence: 99%

Blockchain Technology and Its Role in Enhancing Supply Chain Integration Capability and Reducing Carbon Emission: A Conceptual Framework

Wang

Abareshi

2020

Sustainability

View full text Add to dashboard Cite

Most current blockchain and carbon emission studies are from engineering and sciences disciplines. By incorporating blockchain technology into supply chain integration capabilities, the firms are be able to work collaboratively with each other to enhance the supply chain integration and simultaneously reduce the carbon emission in a supply chain. This paper presents a conceptual framework to understand the role of blockchain in a low carbon supply chain management. Applying the Socio-Technical Theory and Resource-Based View, the research propositions between blockchain, supply chain integration capability and carbon emission are proposed in the research framework. The results indicate that the blockchain technology may be viewed as a strategic management approach to enhance supply chain integration and reduce the carbon emissions. In addition, it may be adopted as an operational tool to track carbon footprint, streamline processes and improve efficiency of carbon management to minimize the overall emissions in supply chains. The paper contributes to the blockchain literature and its applications in low carbon supply chain management and provides recommendation for future research.

show abstract

Application of Blockchain in Carbon Trading

Cited by 81 publications

References 1 publication

Blockchain in the Amazon: creating public value and promoting sustainability

Blockchain in the Amazon: creating public value and promoting sustainability

A European Emissions Trading System Powered by Distributed Ledger Technology: An Evaluation Framework

Blockchain Technology and Its Role in Enhancing Supply Chain Integration Capability and Reducing Carbon Emission: A Conceptual Framework

Contact Info

Product

Resources

About