IDEAS home Printed from https://ideas.repec.org/a/hin/jnlmpe/3461747.html
   My bibliography  Save this article

Optimal Control Strategy of Companies: Inheriting Period and Carbon Emission Reduction

Author

Listed:
  • Jin Liang
  • Wenlin Huang

Abstract

In this paper, we develop an optimal control model of companies for the inheriting period, during which interphase banking and borrowing of allowances are allowable. By considering the emission reduction policy and the initial auction amount, we optimize the problem in two steps. The model is then converted into a two-dimensional Hamilton–Jacobi–Bellman equation. The numerical results, analysis, and comparisons are presented. Finally, we highlight several policy implications from the perspectives of companies and governments.

Suggested Citation

  • Jin Liang & Wenlin Huang, 2020. "Optimal Control Strategy of Companies: Inheriting Period and Carbon Emission Reduction," Mathematical Problems in Engineering, Hindawi, vol. 2020, pages 1-11, November.
    • Handle: RePEc:hin:jnlmpe:3461747
    DOI: 10.1155/2020/3461747
    as

    Download full text from publisher

    File URL: http://downloads.hindawi.com/journals/MPE/2020/3461747.pdf
    Download Restriction: no
    File URL: http://downloads.hindawi.com/journals/MPE/2020/3461747.xml
    Download Restriction: no
    File URL: https://libkey.io/10.1155/2020/3461747?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jiaojiao Sun & Feng Dong, 2023. "Optimal reduction and equilibrium carbon allowance price for the thermal power industry under China’s peak carbon emissions target," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 9(1), pages 1-27, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hin:jnlmpe:3461747. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mohamed Abdelhakeem (email available below). General contact details of provider: https://www.hindawi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.