Back to Search
Start Over
Output-based Allowance Allocations under China's Carbon Intensity Target.
- Source :
- Energy Procedia; Jun2011, Vol. 5, p1904-1909, 6p
- Publication Year :
- 2011
-
Abstract
- Abstract: This paper analyzes the optimal choice of allowance allocation method for the emissions trading system to be established under China''s carbon intensity target. Compared with emission-based allocation, output-based allocation could help to realize the industry''s optimal welfare in a closed trading system and thus is more appropriate for the emissions trading system to be established in China. However, the output-based allocation does face some challenges in the implementation process. An ex-post adjustment approach is proposed to ensure that the allocation rate equals to the carbon intensity target and a conversion factor approach proposed to convert different types of products into the same measure. [Copyright &y& Elsevier]
Details
- Language :
- English
- ISSN :
- 18766102
- Volume :
- 5
- Database :
- Supplemental Index
- Journal :
- Energy Procedia
- Publication Type :
- Academic Journal
- Accession number :
- 60433436
- Full Text :
- https://doi.org/10.1016/j.egypro.2011.03.327