A whole bundle of so-called "flexible mechanisms" has been foreseen by the Kyoto Protocol in order to help industrial countries to fulfil their agreed reduction targets in the most costeffective way. Emission permits will act as the backbone of all market-orientated mechanisms. Therefore, their...

Given the difficulty to reach a global quantity commitment to control the carbon emissions, a globally uniform price commitment is proposed to tackle the current environmental issues. In this paper, we take an operations perspective to understand the impact of both the cap-and-trade policy...

This study examines the paradox that the path of realized global warming by a given year is linear in cumulative emissions of carbon dioxide even though the corresponding eventual equilibrium warming is only logarithmic in atmospheric concentration. It then provides parameters for this linear...

We examine an open economy's strategy to reduce its carbon emissions by replacing its consumption of coal - very carbon intensive - with gas - less so. Unlike the standard theoretical approach to carbon leakage, we show that unilateral CO2 reduction policies generate a higher leakage rate in the...

In this paper, SnO 2 nanorods and SnO 2 nanocone-like structure were synthesized on carbon cloth by facile hydrothermal route. When the carbon cloth (CC) is naturally placed at the bottom of the reaction solution during the process, the SnO 2 nanorods/CC composites were successfully obtained....

This study estimates the impact of carbon pricing on international trade in equipment used in the combustion of fossil fuels during the period 1995-2021. Using detailed data on bilateral trade combined with data on domestic carbon prices, we find that carbon pricing policies are associated with...

As the largest source of carbon emissions in China, the thermal power industry is the only emission-controlled industry in the first national carbon market compliance cycle. Its conversion to clean-energy generation technologies is also an important means of reducing CO2 emissions and achieving...