Joint production and pricing decisions for multiple products with cap-and-trade and carbon tax regulations

Xu, Xiaoyan; Xu, Xiaoping; He, Ping

doi:10.1016/j.jclepro.2015.08.081

Cited by 229 publications

(85 citation statements)

References 27 publications

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“…EU ETS is the world's first international mandatory emissions trading system covering 27 member countries, uses a cap-and trade scheme. Nowadays, cap-and-trade and carbon tax are the two main low-carbon policies to curb carbon emissions [36]. Many scholars have compared cap-and-trade to carbon tax.…”

Section: Cap-and-trade Schemementioning

confidence: 99%

Cooperation Modes of Operations and Financing in a Low-Carbon Supply Chain

Yang

Chen

2018

Sustainability

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Abstract:With the significant increase of fossil energy consumption and the ever-worsening pollution of environment, low-carbon development becomes an inevitable choice. Carbon finance can help firms alleviate the finance pressure from carbon emission reduction. This research explores two financing methods, delay-in-payment and bank loan; and two cooperation decisions, carbon emission reduction cooperation and price cooperation. Four scenarios are considered: non-cooperation, partial-cooperation delay-in-payment, supply chain carbon finance (SCCF), and full-cooperation. We discuss how firms make their pricing and carbon emission reduction decisions under different cooperative levels and financing methods. For a manufacturer-dominated supply chain, the results show that SCCF will help the small and medium enterprise seek cooperation with the monopoly manufacturer, and improve supply chain's profit compared to green loan. What's more, SCCF pattern can effectively control the total carbon emission. In addition, we extend the model to consider the retailer-dominated case. The results show that SCCF pattern can help increase the emission reduction rate of the whole supply chain. From the perspective of emission reduction efficiency, it is better for the government to promote the SCCF mode in the retailer-dominated supply chain.

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Section: Cap-and-trade Schemementioning

confidence: 99%

Cooperation Modes of Operations and Financing in a Low-Carbon Supply Chain

Yang

Chen

2018

Sustainability

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“…Qiao et al [42] made the first attempt to use non-cooperation game theory to study airlines' carbon tax strategies in the EU. Xu et al [43] studied joint production and pricing problem in a manufacturing firm with multiple products under cap-and-trade and carbon tax regulations, and compared the effects of the two regulations on the total carbon emissions. However, because China has not yet implemented an emissions trading mechanism, carbon tax mechanism, or other emissions reduction policies, research can only establish models and make scenario assumptions.…”

Section: Literature Reviewmentioning

confidence: 99%

Research on CO2 Emission Reduction Mechanism of China’s Iron and Steel Industry under Various Emission Reduction Policies

Duan

et al. 2017

Energies

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Abstract:In this paper, a two-stage dynamic game model of China's iron and steel industry is constructed. Carbon tax levy, product subsidy, carbon capture and sequestration (CCS) and other factors are included in the emission reduction mechanism. The effects of emissions reduction and the economic impact of China's overall steel industry (and that of its six main regions) are investigated for the first time under different scenarios. As new findings, we report the following: (1) Not all factors declined. The overall social welfare, consumer surplus, output and emissions decrease with a gradual increase in the reduction target, whereas the carbon tax value, unit value of product subsidies and total subsidies show a rising trend; (2) A combination of multiple emissions reduction policies is more effective than a single policy. With the implementation of a combined policy, regional output polarization has eased; (3) Steel output does not exceed 950 million tons, far below the current peak. These results will help the industry to formulate reasonable emissions reduction and output targets. In short, in effort to eliminate industry poverty and to alleviate overcapacity, the industry should not only adopt the various coordinated reduction policies, but also fully consider regional differences and reduction needs.

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“…Xu et al . studied the joint production and pricing problem of a manufacturing firm under cap‐and‐trade and carbon tax regulations and compared the impacts of the two regulations on the total carbon emission, the firm's profit and social welfare . Ji et al .…”

Section: Literature Reviewmentioning

confidence: 99%

Cooperative decision in a closed‐loop supply chain considering carbon emission reduction and low‐carbon promotion

Wang

Shang

et al. 2018

Env Prog and Sustain Energy

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This study examines manufacturers' carbon emission reduction level and retailers' low‐carbon promotion effort in a low‐carbon closed‐loop supply chain (CLSC), in which a manufacturer directly collects the used‐products from consumers. Considering both the carbon emission reduction level and low‐carbon promotion effort depending on the market demands, this study investigates the optimal decisions and performances of CLSC under four different game structures, that is, one non‐cooperative structure and three cooperative structures. In the non‐cooperative structure, the manufacturer controls the carbon emission level, the collection level as well as the wholesale price, while the retailer controls the low‐carbon promotion effort and retail price. The cooperative structures consist of one‐way and two‐way cooperation. In one‐way cooperative structure, the manufacturer shares only a part of retailer's low‐carbon promotion cost. In two‐way cooperative structure, the retailer shares partial manufacturer's carbon emission reduction cost or collection cost based on the one‐way cooperative structure. It shows that the two‐way cooperative structure of the co‐op promotion and carbon emission reduction is the optimal in pricing decisions and carbon emission reduction level, as well as two‐way cooperative structure of the co‐op promotion and collection is the optimal in the collection effort. Under lower the consumer's low‐carbon preferences, the retailer agrees to share the manufacturer's collection cost. When the consumer's low‐carbon preferences are higher, the retailer agrees to share the manufacturer's carbon emission reduction cost. © 2018 American Institute of Chemical Engineers Environ Prog, 38: 143–153, 2019

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Joint production and pricing decisions for multiple products with cap-and-trade and carbon tax regulations

Cited by 229 publications

References 27 publications

Cooperation Modes of Operations and Financing in a Low-Carbon Supply Chain

Cooperation Modes of Operations and Financing in a Low-Carbon Supply Chain

Research on CO2 Emission Reduction Mechanism of China’s Iron and Steel Industry under Various Emission Reduction Policies

Cooperative decision in a closed‐loop supply chain considering carbon emission reduction and low‐carbon promotion

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