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Abatement technology investment and emissions trading system: a case of coal-fired power industry of Shenzhen, China.
- Source :
- Clean Technologies & Environmental Policy; Mar2015, Vol. 17 Issue 3, p811-817, 7p
- Publication Year :
- 2015
-
Abstract
- As one of China's emissions trading system (ETS) pilots, Shenzhen established the first carbon market of China in 2013. With field data collection and benefit-cost analysis, this article assesses the abatement technology investment decisions of Shenzhen coal-fired power industry under different carbon price scenarios. The results indicate that Shenzhen ETS constitutes a main driver for the short-term technology investment of the industry, but the long-term stimulation effect appears quite limited, except for the integrated gasification combined cycle technology under high carbon price scenario. Further, the paper proposes the short-term and long-term optimal investment strategy for the industry, and relevant policy suggestions. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 1618954X
- Volume :
- 17
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- Clean Technologies & Environmental Policy
- Publication Type :
- Academic Journal
- Accession number :
- 101603930
- Full Text :
- https://doi.org/10.1007/s10098-014-0854-0