The purpose of the paper is to provide a clear mechanism for determining carbon emissions pricing in China as a guide …, there has been almost no research on China's carbon price and volatility. This paper provides an introduction to China … to how carbon emissions might be mitigated to reduce fossil fuel pollution. The Chinese Government has promoted the …

As the largest source of carbon emissions in China, the thermal power industry is the only emission-controlled industry … important means of reducing CO2 emissions and achieving the carbon peak and carbon neutral commitments. This study used …'s formula. In this manner, we obtained the models for optimal emission reduction and equilibrium CA price. Our numerical …

copulas, incorporated into a structural supply and demand based model for the electricity spot price. This model is calibrated …