“Lock-in” effect of emission standard and its impact on the choice of market based instruments

Qian, Haoqi; Wu, Libo; Tang, Weiqi

doi:10.1016/j.eneco.2017.01.005

Cited by 30 publications

(3 citation statements)

References 34 publications

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“…The notable differences are that the CO2 Cap policy actually incentivizes the build of a new diesel unit (which would otherwise have been built later in 2028) due to the benefit of improved efficiency on CO2 emissions. This effect is important to capture if the policy maker is concerned with the effect of "locking in" additional conventional capacity in the short run, which can be an important factor for driving system emissions over the long term [130]. Note that introducing uncertainty as individual scenarios removes this effect from the results.…”

Section: Resultsmentioning

confidence: 99%

Long-Term Uncertainty In Electricity Market Modelling, Policy, and Planning

Scott¹

2021

SSRN Journal

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I have been lucky with my supervisors and collaborators who I am glad to thank. Firstly, I would like to thank Prof. Pedro Carvalho for the support, ideas, dedication, flexibility, and encouragement that contributed to every part of this work. I would like to also thank Prof. Carlos Silva for the encouragement and flexibility shown with me throughout this journey as well as his continuous support in allowing me to pursue my diverse interests.Next, I would like to thank Dr. Audun Botterud for the encouragement, ideas shared, detailed and diligent input, and hosting me in such a friendly and supportive manner at the MIT, an experience from which I gained a lot. I would like to thank my collaborators Felix Diawuo and Diana Neves for the interesting research topics that kept me distracted and interested and the friendship provided along the way. I would also like to thank Patricia Baptista for the advice and input provided to Felix and myself. I would like to thank my InnoEnergy Lisboa colleagues Sonia, Kaisa, Julia, and Eduardo for the support, distraction, and friendship as well as the many others from the MIT Portugal Program, IN+, and InnoEnergy.Perhaps most importantly, I wish to thank my partner, Filipa de Almeida, without whom I surely would not have begun, let alone completed, this thesis. Her love and support in this endeavour, as in all things, makes anything possible. I also cannot thank enough my parents for their support in all forms on which I have always been so fortunate to be able to rely on. I am forever grateful for the love, sacrifice, guidance, proof-reading, and upbringing they provided me that has allowed me to chase my interests around the world, any and all achievements are always entirely due to them.

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Section: Resultsmentioning

confidence: 99%

Long-Term Uncertainty In Electricity Market Modelling, Policy, and Planning

Scott¹

2021

SSRN Journal

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“…To eliminate air pollution, a series of policies have been issued by the central government. Besides, various measures are taken by authorities, including the introduction of pollution levies, incentives to upgrade technology, and the shutdown of polluting industries (Qian, Wu, and Tang 2017;Wu et al 2019;Jiang and McKibbin 2002). Based on the practice of alleviating air pollution in China, it offers a case to examine how local financial situations affect environmental performance.…”

Section: Introductionmentioning

confidence: 99%

Will the increase in local land-based revenues lead to an improvement in environmental quality? An empirical study through the lens of land finance in China

Wang

Gao

Tang

et al. 2022

Journal of Environmental Planning and Management

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The issue of environmental governance has received considerable attention. While extensive research focuses on the relationship between economic growth and environmental protection, this paper provides a different perspective by exploring the mechanisms affecting the relationship between land-based revenue and environmental performance. Based on the regression analyses of province-level data during 2000-2018 in China, the results show that: (1) land-based finance has a significantly positive impact on air pollution; (2) both central government policies and local residents' concerns incentivize local governments to improve environmental quality through land revenue; (3) regional differences exist regarding the impact of these two factors, probably due to various development stages and financial conditions; (4) local governments tend to increase expenditure on environmental protection by taking residents' concerns into consideration. This research contributes to understanding the driving forces behind the relationship between land finance and environmental performance, and it extends our knowledge of local governments' decision-making processes to accomplish multiple tasks.

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“…This effect is even more serious for energy-dependent countries. In addition, with the acceleration of industrialization and urbanization, the demand for energy consumption has also grown rapidly (Qian et al, 2017;Wang and Su, 2019), and the equilibrium state between economic growth and energy consumption has undergone a fundamental change.…”

Section: Introductionmentioning

confidence: 99%

Does Environmental Policy Promote Energy Efficiency? Evidence From China in the Context of Developing Green Finance

Peng

Zheng

2021

Front. Environ. Sci.

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In response to the dilemma between economic development and environmental protection, green finance is an effective tool for environmental regulation. Based on the stochastic frontier analysis method to measure the energy efficiency of China’s provinces from 2001 to 2017, the promotion effect of green finance on energy efficiency and the intermediary effect of green technology innovation are tested and analyzed in our study. The results show that green finance can significantly improve energy efficiency. Specifically, green finance makes stronger effect on energy efficiency in provinces with rich resource endowments, high levels of economic development, and high degree of marketization. Green finance can improve energy efficiency through the development of new energy technologies and disruptive green innovation, which provides important supports for formulating policies to optimize energy structure and improve energy efficiency.

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“Lock-in” effect of emission standard and its impact on the choice of market based instruments

Cited by 30 publications

References 34 publications

Long-Term Uncertainty In Electricity Market Modelling, Policy, and Planning

Long-Term Uncertainty In Electricity Market Modelling, Policy, and Planning

Will the increase in local land-based revenues lead to an improvement in environmental quality? An empirical study through the lens of land finance in China

Does Environmental Policy Promote Energy Efficiency? Evidence From China in the Context of Developing Green Finance

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