There is a growing consensus that human beings must cut greenhouse gas emissions to mitigate global warming and the resultant impacts on the environment. However, production optimisation has rarely taken this issue into consideration, often leading to environmentally unsustainable operation decisions. This paper presents a lot sizing batch optimisation model for a stochastic make-toorder produc...

This paper establishes an agent-based simulation system of the carbon emissions trading in accordance with the complex feature of the trading process. This system analyzes the impact of the carbon quota allocation mechanism on emissions trading for three different aspects including the amount of emissions reduction, the economic effect on the emitters, and the emissions reduction cost. Based on...

The use of recycling techniques in pavement construction offers significant benefits of resource conservation and emission reduction. While the environmental benefits are generally considered as business expenses, a new trend is to turn sustainable construction into profit. By generating financial revenue via carbon trading mechanism, asphalt producers and road builders can compensate their sus...

This paper assesses the economic impacts of the Swiss climate policy formulated under the Kyoto Protocol; the impacts on the carbon price, the welfare cost, and trade effects are examined. Our analysis is based on a multi-sectoral and multi-regional, computable general equilibrium (CGE) model of the world economy (GEMINI-E3) which includes a representation of the Swiss economy. The model is use...

To meet the targets of the Kyoto Protocol, European Union has established the European Emission Trading Scheme, a mandatory market for carbon emission allowances. This regulatory framework has introduced a market for emission allowances and created a variety of emission-related financial instruments. In this work, we show that the economic mechanism of carbon allowance price formation can be fo...

In the 12th Five-Year Plan of China proposed in 2011, China carried out the target to reduce its economy’s carbon intensity by 17 percent by 2015 compared to 2010 levels. To achieve this goal, seven carbon emissions trading pilots have been established to find a way for the unified national carbon trading market. In China, regional differences and interregional economic linkages have played key...

a r t i c l e i n f o JEL classification: D58 Q48 Q54 Keywords: Emission trading Climate mitigation policy CGE model Technological assumptions This study quantified the effectiveness of emission trading by considering multiple technological constraints, burden sharing schemes, and climate stabilization targets. We used a global computable general equilibrium model, and evaluated the effectivene...

New incentives for protection and in situ use of forests and the services they provide raise hopes for the reversal of tropical and temperate deforestation. Past management of forests appropriated the rights of forest communities, providing incentives to convert natural forest into financial capital through logging, while destroying the underlying physical property. Carbon trading aims to provi...

As the carbon trading scheme has a significant impact on China’s sustainable economy and environmental protection, policy influence of emissions emission efficiency in pilot provinces become key research topic. Based data 30 cities China from 2007 to 2018, this paper estimates by using super-efficiency SBM model, difference-in-difference method is adopted investigate policy’s influence. The res...