The Interplay Between China’s Regulated and Voluntary Carbon Markets and Its Influence on Renewable Energy Development—A Literature Review DOI Creative Commons
Florentina Paraschiv,

H. Schmid,

Michael B. Schmitz

et al.

Energies, Journal Year: 2024, Volume and Issue: 17(22), P. 5587 - 5587

Published: Nov. 8, 2024

This is the first review study that focuses on interplay between China’s regulated and voluntary carbon markets, Emissions Trading System (ETS), China Certified Emission Reduction (CCER) scheme, their combined influence development of renewable energy in country. Through a comparative literature 52 peer-reviewed academic papers published 2009 2024, this aims to elucidate how these market mechanisms interact drive deployment. The findings indicate both ETS CCER system positively affect landscape. ETS, with its Cap-and-Trade (CaT) mechanism, sets cap total emissions allows for trading emission quotas, thereby creating financial incentives companies reduce invest energy. scheme complements by allowing use capped share certificates, whereby lower price diverts investments where saved ton CO2 cheapest, further incentivizing dual mechanism more flexible cost-effective approach achieving reduction targets, fostering an environment conducive investment It will stimulate additional projects long run, particularly economically underdeveloped regions, contributing local economic national targets.

Language: Английский

Techno-enviro-economic assessment of bio-CNG derived from Palm Oil Mill Effluent (POME) for public transportation in Pekanbaru City DOI Creative Commons
Irhan Febijanto, Erwan Hermawan, Ifanda Ifanda

et al.

Renewable energy focus, Journal Year: 2024, Volume and Issue: 49, P. 100569 - 100569

Published: March 26, 2024

Indonesia possesses the greatest potential in world for bio-compressed natural gas (bio-CNG). This bio-CNG is purified from biogas that generated decomposing organic liquid waste at palm oil mills (POMs). Unfortunately, this great has not been utilized much due to several obstacles such as remote location of POMs, transportation mode, and utilization purposes. These factors have a significant impact on feasibility selling prices. However, case study conducted Riau province showed by clustering selecting appropriate modes, generating additional income carbon trading, price can be achieved. The resulted obtaining two clusters seven POMs were spread over 30km radius Pekanbaru City. Bio-CNG substitute 97 % gasoil bus fuel, trucking was found result lowest price, which 10.7 USD/MMBTU. With minimum reach 4.84 contributes reducing greenhouse emissions, which, turn, increase economic value bio-CNG. pattern usage selection mentioned above should considered when utilizing resulting biogas-POME purification. It still necessary provide supportive policies government.

Language: Английский

Citations

8

Transitioning from coal to solar: A cost-benefit analysis for sustainable power generation in Indonesia DOI Creative Commons
Agus Sugiyono, Irawan Rahardjo, Prima Trie Wijaya

et al.

AIMS energy, Journal Year: 2024, Volume and Issue: 12(1), P. 152 - 166

Published: Jan. 1, 2024

<abstract> <p>The greenhouse gas (GHG) emissions contribution from power generation in Indonesia reaches 40% of the total GHG energy sector because use fossil fuels. The government aims to minimize sector, one which is phase-out coal plants and replacing them with integrated photovoltaic (PV) battery storage systems (BESS). A cost-benefit analysis compared two development scenarios for 2023–2060. base scenario continues developing plants, replaces PV BESS. solely focused on financial costs benefits plant investors. results indicate that present value 2023–2036 initially lower scenario. However, long term, will gradually decrease become more affordable. benefit-cost ratio 2.36, while 2.12, indicating prospective future development. Additionally, has advantage achieving net-zero target by 2056 scenario.</p> </abstract>

Language: Английский

Citations

6

Investigating the relationship between energy‐consuming rights trading and urban innovation quality DOI Open Access
Bingnan Guo,

Peiji Hu

Sustainable Development, Journal Year: 2023, Volume and Issue: 32(4), P. 3248 - 3270

Published: Dec. 8, 2023

Abstract The Energy‐consuming rights trading policy (ECRTP) is an important environmental regulatory in China. study's goal to determine how energy‐consuming and urban innovation status effects also promote ecological civilization high‐quality development. purpose of the study examines relationship between ECRTP quality (UIQ). Using data from 271 Chinese cities 2011 2020, a difference‐in‐difference (DID) model used theoretically empirically analyze on UIQ. findings are as follows: First, showed significant improvement UIQ, although lagged effect. This outcome offers fresh proof that “Porter hypothesis” holds water Second, mechanism analysis indicated could improve UIQ with industrial structure upgrading (ISU) capital deepening. Third, spillover indicates has key impact Analysis positive influence surrounding cities. Fourth, heteroggeneity further reveals particularly pronounced resource‐based large‐scale These provide valuable supplement existing study.

Language: Английский

Citations

13

Global carbon neutrality and China's contribution: The impact of international carbon market policies on China's photovoltaic product exports DOI
Boqiang Lin, Y. Liu

Energy Policy, Journal Year: 2024, Volume and Issue: 193, P. 114299 - 114299

Published: Aug. 15, 2024

Language: Английский

Citations

5

The impact of low-carbon city pilot policy on carbon emission intensity: evidence from China using a multi-period difference-in-differences model DOI Creative Commons

Jia-Xian Shu,

Jie Peng, Jing Zhang

et al.

Frontiers in Environmental Science, Journal Year: 2025, Volume and Issue: 12

Published: Jan. 10, 2025

In the context of global efforts to combat climate change, highlighted by 2024 UN Climate Change Conference (COP29) and growing emphasis on low-carbon development, this study investigates impact China’s city pilot policies carbon emission intensity. Using data from 283 Chinese cities between 2005 2021, a multi-period difference-in-differences (DID) model is employed analyze effects these policies. The also explores mediating mechanisms, moderating effects, heterogeneity across cities. main findings are as follows: (1) significantly reduce intensity, with becoming stronger more stable over time. (2) reduction in intensity partially mediated enhanced sink levels industrial structure upgrades, although technological investment does not have significant effect. (3) Environmental regulations negatively moderate policy’s effectiveness, while fiscal freedom population growth rates positively influence its impact. (4) policy heterogeneous cities, driven differences economic levels, geographical locations, bases, resource endowments, sizes. This paper provides valuable empirical insights recommendations for transition achieving neutrality peak targets.

Language: Английский

Citations

0

Strategy to Achieve Indonesia’s Nationally Determined Contribution Target by Developing a Sustainable Carbon Market DOI Open Access

Almaida Askandar,

Utomo Sarjono Putro

European Journal of Business Management and Research, Journal Year: 2025, Volume and Issue: 10(1), P. 92 - 107

Published: Feb. 5, 2025

Climate change has become a global concern, and as reaction to climate change, 196 parties, including Indonesia, have adopted the Paris Agreement United Nations Framework Convention on Change, legally enforceable international convention change. The carbon market is expected help Indonesia meet its Nationally Determined Contribution (“NDC”) target in alignment with requirements of Agreement. IDXCarbon, first licensed was launched September 26, 2023. During launch, President Republic stated that potential can reach value IDR 3000 trillion or more. emissions require urgent attention prompt action from regulator, given ranked 7th largest emitter globally. For many years, air pollution Jakarta, capital city been classified unhealthy. IDXCarbon contribute reduction greenhouse gas (GHG) Indonesia. Nearly year after trading volume remains relatively small. business issue this study how develop sustainable which will ultimately support achieving NDC target. This paper focuses on: i) analyzing regulations regarding ecosystem, background, ii) identifying IDXCarbon’s existing products, iii) strengths, weaknesses, opportunities, threats (SWOT) (iv) main stakeholders’ concerns, v) practices comparison several countries, vi) political, economic, sociocultural, technological, legal, environmental (or ecological) (PESTLE) related analysis. Finally, develops SWOT Matrix provides improvement suggestions proposed actions for consideration market. necessary are treated solution. By executing implementation plan, author believes

Language: Английский

Citations

0

Energy mix and its implicationson the Vietnamese economy by 2030:A CGE analysis using GTAP-E-Power DOI Creative Commons
Duy Chinh Nguyen, Jong-Hwan Ko

Economics and Business Review/˜The œPoznań University of Economics Review, Journal Year: 2025, Volume and Issue: 11(1)

Published: March 3, 2025

This study uses the GTAP-E-Power model to examine economic and environmental implications of transitioning different energy generation mixes in Vietnam by 2030. Three scenarios were considered for that year: (1) low-coal high-gas, (2) high-renewables, (3) high-coal. Scenario 2 emerges as most balanced approach, resulting a 1.02% GDP decline 0.78% increase CO2 emissions. In this scenario, electronics sector grows slightly (+0.3%), while metals (-3.1%) chemical products (-1.0%) experience moderate declines. terms exports, gives rise an trade balance (151 million USD) modest gain exports China (+0.46%), Japan (+0.37%), Korea (+0.33%), Western Europe (+0.35%). Across all three scenarios, output industry shows sensitivity mix changes, coal mining seems be resilient changing mix.

Language: Английский

Citations

0

Optimizing Parametric Insurance for Renewable Energy Investments: Integrating Fuzzy Decision-Making and Artificial Intelligence Techniques DOI
Serkan Eti, Serhat Yüksel, Hasan Dınçer

et al.

Renewable Energy, Journal Year: 2025, Volume and Issue: unknown, P. 122856 - 122856

Published: March 1, 2025

Language: Английский

Citations

0

Smart Cities with Green Resilience: A Quasi-Natural Experiment Based on Artificial Intelligence DOI Creative Commons
Da Huo,

Tianwei Sun,

Wenjia Gu

et al.

Smart Cities, Journal Year: 2025, Volume and Issue: 8(2), P. 67 - 67

Published: April 11, 2025

Amidst climate change and the energy crisis worldwide, synergy between smart city environmental policies has become a key path to improving green resilience of cities. This study examines spatial effects carbon emission trading (CET) policy on urban performance under context artificial intelligence (AI)-empowered Using Durbin model (SDM) analyzing data from 262 Chinese cities covering period 2013–2021, results reveal that: (1) significantly benefit institutional support local CET policy, resulting in an 8.55% reduction consumption pilot city; (2) AI advancement contributes directly reducing surrounding areas by 21.84% through effects, compensates for imbalance regional renewable caused “siphon effect” policy. provides empirical evidence developing countries build resilient paper proposes need national market, strengthen government supervision, make reasonable use technology, transforming experience global practice.

Language: Английский

Citations

0

Contribution of road transport infrastructure in mitigating the inward–immiserizing growth in Cameroon: An externality approach in Computable General Equilibrium analysis DOI Creative Commons
Rodrigue Nobosse Tchoffo,

Claude Matsop Dounya,

Paul Tadzong Mouafo

et al.

Sustainable Futures, Journal Year: 2024, Volume and Issue: unknown, P. 100298 - 100298

Published: Sept. 1, 2024

Language: Английский

Citations

3