Carbon Tax and Trading Price on Power Plant with Carbon Capture and Storage under Incentive Regulation Theory
Joint Authors
Jiang, Jian-li
Zhang, Huan
Xu, Xinxin
Zhang, Meimei
Source
Discrete Dynamics in Nature and Society
Issue
Vol. 2020, Issue 2020 (31 Dec. 2020), pp.1-11, 11 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2020-01-30
Country of Publication
Egypt
No. of Pages
11
Main Subjects
Abstract EN
This paper investigates how the government can develop subsidies or tax policies to incent power plants to effectively carry out carbon capture to reduce carbon emissions.
According to the government’s incentive model for carbon capture power plants, the regulation mechanism is developed when government controls carbon emission.
When regional or national carbon emission quota is tense, significant effect can be obtained when regulators make regulations to take off low efficiency power plants.
In addition, it is verified that the regulators should not blindly pursue a reduction in carbon emissions regardless of the cost.
Therefore, regulators need to pay more attention to control the costs of carbon capture equipment and technology.
Finally, by parametric and numerical analyses, the conditions of the power plant to maximize corporate surplus are further studied.
American Psychological Association (APA)
Zhang, Huan& Xu, Xinxin& Jiang, Jian-li& Zhang, Meimei. 2020. Carbon Tax and Trading Price on Power Plant with Carbon Capture and Storage under Incentive Regulation Theory. Discrete Dynamics in Nature and Society،Vol. 2020, no. 2020, pp.1-11.
https://search.emarefa.net/detail/BIM-1153501
Modern Language Association (MLA)
Zhang, Huan…[et al.]. Carbon Tax and Trading Price on Power Plant with Carbon Capture and Storage under Incentive Regulation Theory. Discrete Dynamics in Nature and Society No. 2020 (2020), pp.1-11.
https://search.emarefa.net/detail/BIM-1153501
American Medical Association (AMA)
Zhang, Huan& Xu, Xinxin& Jiang, Jian-li& Zhang, Meimei. Carbon Tax and Trading Price on Power Plant with Carbon Capture and Storage under Incentive Regulation Theory. Discrete Dynamics in Nature and Society. 2020. Vol. 2020, no. 2020, pp.1-11.
https://search.emarefa.net/detail/BIM-1153501
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1153501