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The Impact of Carbon Trading on the Road Freight Sector

In: Liss 2013

Author

Listed:
  • Li Chen

    (Beijing Jiaotong University
    Vienna University of Economics and Business)

  • Boyu Zhang

    (Beijing Normal University)

  • Hanping Hou

    (Beijing Jiaotong University)

  • Alfred Taudes

    (Vienna University of Economics and Business)

  • Congcong Yang

    (Vienna University of Economics and Business)

Abstract

This paper investigates the impact of carbon trading by transport companies on the structure of the road freight industry. Based on a cost-benefit model of a transport company, best response strategies of road freight companies and the resulting equilibrium carbon credit price are derived. It turns out that by changing the penalty level and the rate of free carbon credits, the government can control the payoff of the road freight companies indirectly through the carbon trading system.

Suggested Citation

  • Li Chen & Boyu Zhang & Hanping Hou & Alfred Taudes & Congcong Yang, 2015. "The Impact of Carbon Trading on the Road Freight Sector," Springer Books, in: Runtong Zhang & Zhenji Zhang & Kecheng Liu & Juliang Zhang (ed.), Liss 2013, pages 615-620, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-40660-7_91
    DOI: 10.1007/978-3-642-40660-7_91
    as

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