IDEAS home Printed from https://ideas.repec.org/p/ags/aaea16/235461.html
   My bibliography  Save this paper

Optimal Pricing of the Carbon Trading Market Based on a Demand-Supply Model

Author

Listed:
  • Liu, Wan Yu

Abstract

The Kyoto Protocol has clearly specified various methods and measures of reducing greenhouse gases, and the reduction of emissions using the land-use change and forestry (LUCF) methods has become legally enforced as well. Countries all over the world are actively developing their local emission trading mechanisms in hopes of aligning with those international standards. Among them, the carbon trading mechanism has been widely perceived by the world as an important economic instrument for reducing greenhouse gases. In this study, we first established a theoretical economic model of supply and demand for four carbon trading mechanisms, and then derived the optimal conditions to decide the optimal trading price and trading duration of carbon contract with endogenous and exogenous carbon prices.

Suggested Citation

  • Liu, Wan Yu, 2016. "Optimal Pricing of the Carbon Trading Market Based on a Demand-Supply Model," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235461, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea16:235461
    DOI: 10.22004/ag.econ.235461
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/235461/files/full%20paper_Optimal%20Pricing%20of%20the%20Taiwan%20Carbon%20Trading%20Market%20Based%20on%20a%20Demand.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.235461?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
    ---><---

    More about this item

    Keywords

    Environmental Economics and Policy;

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:ags:aaea16:235461. 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    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.