سود بالقوه حاصل از تجارت انتشار
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سود بالقوه حاصل از تجارت انتشار

عنوان فارسی مقاله: سیاست کاهش CO2 برای بخش توان حرارتی هندی: سود بالقوه حاصل از تجارت انتشار
عنوان انگلیسی مقاله: CO2 mitigation policy for Indian thermal power sector: Potential gains from emission trading
مجله/کنفرانس: اقتصاد انرژی - Energy Economics
رشته های تحصیلی مرتبط: اقتصاد، محیط زیست
گرایش های تحصیلی مرتبط: اقتصاد انرژی، برنامه ریزی محیطی، اقتصادسنجی، اقتصاد مالی
کلمات کلیدی فارسی: تجارت انتشار CO2، هند، راندمان فنی
کلمات کلیدی انگلیسی: CO2 emission trading، India، Technical efficiency
نوع نگارش مقاله: مقاله پژوهشی (Research Article)
نمایه: Scopus - Master Journals List - JCR
شناسه دیجیتال (DOI): https://doi.org/10.1016/j.eneco.2019.104653
دانشگاه: Department of Economics, Delhi School of Economics, University of Delhi, Delhi 110007, India
ناشر: الزویر - Elsevier
نوع ارائه مقاله: ژورنال
نوع مقاله: ISI
سال انتشار مقاله: 2020
ایمپکت فاکتور: 4/669 در سال 2019
شاخص H_index: 120 در سال 2020
شاخص SJR: 2/003 در سال 2019
شناسه ISSN: 0140-9883
شاخص Quartile (چارک): Q1 در سال 2019
فرمت مقاله انگلیسی: PDF
تعداد صفحات مقاله انگلیسی: 31
وضعیت ترجمه: ترجمه نشده است
قیمت مقاله انگلیسی: رایگان
آیا این مقاله بیس است: خیر
آیا این مقاله مدل مفهومی دارد: ندارد
آیا این مقاله پرسشنامه دارد: ندارد
آیا این مقاله متغیر دارد: دارد
کد محصول: E14733
رفرنس: دارای رفرنس در داخل متن و انتهای مقاله
فهرست انگلیسی مطالب

Abstract


1- Introduction


2- Coal fired electricity generation and carbon mitigation policy in India


3- Opportunity abatement cost estimation


4- Data and results


5- Conclusions


References

نمونه متن انگلیسی مقاله

Abstract


This study shows potential cost savings by adoption of emission trading in India. At the Paris Agreement, India pledged to reduce CO2 emissions intensity by about 30–35% by 2030 relative to 2005. Applying joint production function of electricity and CO2 emissions, we find that India could have saved about US$ 5 to 8 billion, if she had constituted an emission trading system, with the provision of banking and borrowing over the study period of 5 years. To our knowledge, this is the first study measuring foregone gains due to absence of a nationwide carbon emission-trading program in coal fired thermal power sector, using an ex-post analysis.


Introduction


At the Paris Agreement in 2015 , India pledged to reduce CO 2 emissions intensity 1 by about 30 -35 percent by 2030 relative to 2005 . Coal based electricity generation sector, with an installed capacity of 222 GW, accounts for about three -fourth of total electricity generation (Central Electricity Authority [CEA], 2018) and will remain dominant source of power generation in India. This sector contributes to about half of the total CO 2 emissions generated in the country (CEA, 2013). Therefore, if India is to achieve the targets announced at the Paris agreement, it is imperative to find cost effective measures of reducing CO 2 emissions in this sector. Carbon pricing is economically the most efficient strategy for reducing the emissions (Aldy and Pizer, 2015; Managi, 2015; Schmalensee and Stavins, 2017). The Paris Agreement offers avenues for new market -based approaches such as emission trading, to countries for realizing their Nationally Determined Contributions (NDCs). Emission trading, popularly known as cap -and -trade program, is one of the way s of putting price on pollution, the other being taxation. Given the heterogeneity in abatement cost s, market -based instruments , such as emission trading , accomplish the targeted emission levels cost effectively , by equalizing marginal abatement cost across the polluters (Carlson et al., 2000). An emission -trading program offers an opportunity to thermal power plants to realize regulatory compliance at lower costs, as compared to CAC regulatory mechanism, by purchasing right s to emit CO 2 emission s from the plants facing lower abatement cost s. Moreover, inter -temporal trading of emissions equalizes marginal abatement costs, not only spatially but also inter -temporally , and thus, further reduces the abatement costs. Note that given the flexibility in regulatory compliance with least cost, investment s in technology or procedures flow to the plants having low abatement cost s (Chan et al., 2012; Goulder and Schein, 2013).

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