The Implications from Early Experience of Environmental Tax Reform in the Nordic Countries

Coal-Fired Power Plants Using Ammonia for Flexibility Enhancement under Carbon Control Strategies: Status, Development, and Perspectives

“…Notably, the adoption of a global carbon pricing mechanism aids in the establishment of an exhaustive carbon reduction system and fosters the advancement of a green, low-carbon economy from a macroregulatory standpoint . In comparison to mechanisms such as carbon emissions trading, carbon taxation, characterized by its extensive policy history and reduced administrative costs, offers distinct advantages in terms of implementation efficiency . For example, research conducted by Gao et al has demonstrated that carbon taxation effectively diminishes carbon emissions.…”

“…36 In comparison to mechanisms such as carbon emissions trading, carbon taxation, characterized by its extensive policy history and reduced administrative costs, offers distinct advantages in terms of implementation efficiency. 37 For example, research conducted by Gao et al 38 has demonstrated that carbon taxation effectively diminishes carbon emissions. Consequently, a thorough comprehension of policies like carbon taxation in advancing carbon reduction is vital for assessing the tangible impacts and prospective value of integrating ammonia into coal-fired power plants on the journey toward sustainable and low-carbon development.…”