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An Integrated Carbon Policy-Based Interactive Strategy for Carbon Reduction and Economic Development in a Construction Material Supply Chain

Author

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  • Liming Zhang

    (Business School, Sichuan University, Chengdu 610064, China)

  • Wei Yang

    (Business School, Sichuan University, Chengdu 610064, China)

  • Yuan Yuan

    (Business School, Sichuan University, Chengdu 610064, China)

  • Rui Zhou

    (Business School, Sichuan University, Chengdu 610064, China)

Abstract

Carbon emissions from the construction material industry have become of increasing concern due to increasingly urbanization and extensive infrastructure. Faced with serious atmospheric deterioration, governments have been seeking to reduce carbon emissions, with carbon trading and carbon taxes being considered the most effective regulatory policies. Over time, there has been a global consensus that integrated carbon trading/carbon tax policies are more effective in reducing carbon emissions. However, in an integrated carbon reduction policy framework, balancing the relationship between emission reductions and low-carbon benefits has been found to be a critical issue for governments and enterprises in both theoretical research and carbon emission reduction practices. As few papers have sought to address these issues, this paper seeks to reach a trade-off between economic development and environmental protection involving various stakeholders: regional governments which aim to maximize social benefits, and producers who seek economic profit maximization. An iterative interactive algorithmic method with fuzzy random variables (FRVs) is proposed to determine the satisfactory equilibrium between these decision-makers. This methodology is then applied to a real-world case to demonstrate its practicality and efficiency.

Suggested Citation

  • Liming Zhang & Wei Yang & Yuan Yuan & Rui Zhou, 2017. "An Integrated Carbon Policy-Based Interactive Strategy for Carbon Reduction and Economic Development in a Construction Material Supply Chain," Sustainability, MDPI, vol. 9(11), pages 1-15, November.
    • Handle: RePEc:gam:jsusta:v:9:y:2017:i:11:p:2107-:d:119413
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