Impact of carbon capture and storage, cap-and-trade, and multiproduct cost structure on pollution in an oligopoly
學年 112
學期 2
出版（發表）日期 2024-07-16
作品名稱 Impact of carbon capture and storage, cap-and-trade, and multiproduct cost structure on pollution in an oligopoly
作品名稱（其他語言）
著者 Shi Chen; Xiaoyu Duan; Jyh-Horng Lin; Ching-Hui Chang
單位
出版者
著錄名稱、卷期、頁數 Energy Economics 137, 107773
摘要 This paper presents an oligopolistic model to examine the effects of cap-and-trade regulations, carbon capture and storage (CCS), and multiproduct cost structures on reducing pollution emissions. It investigates an oligopoly consisting of both carbon-intensive and environmentally friendly manufacturers that produce goods and pollutants concurrently. The findings suggest that in a quasi-competitive or Cournot-type conjectural variation (CV), a tighter cap leads to increased pollution from the carbon-intensive manufacturer but decreased pollution in a collusive CV. Moreover, this stricter cap notably diminishes the equity of the carbon-intensive manufacturer in a collusive scenario and that of the green manufacturer in a quasi-competitive environment. When the green manufacturer adopts advanced CCS technology or operates with a subadditive cost structure, pollution from the carbon-intensive manufacturer decreases in quasi-competitive and collusive scenarios but increases under Cournot-type CV. Meanwhile, the green manufacturer experiences the greatest equity boost with advanced CCS technology in collusive settings, while its equity decreases most significantly with a subadditive cost structure in quasi-competitive CV. Our contribution indicates that the efficacy of climate policies in oligopolies depends on both multiproduct cost structures and CVs employed.
關鍵字 Cap-and-trade Carbon capturer and storage Conjectural variation Multiproduct cost Pollution
語言 en
ISSN 1873-6181
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者 Jyh-Horng Lin
審稿制度 是
國別 NLD
公開徵稿
出版型式 ,電子版
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