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Low-Carbon Transition Models of High Carbon Supply Chains under the Mixed Carbon Cap-and-Trade and Carbon Tax Policy in the Carbon Neutrality Era

Bibliographic Data

ID15514866
AuthorsLiang Shen (0000-0002-7211-2234, Shandong University of Finance and Economics, corresponding author), Fei Lin (0000-0003-0130-9985, Shandong University of Finance and Economics), T C E Cheng (0000-0001-5127-6419, Hong Kong Polytechnic University)
Year2022
Volume19
Issue18
Pages11150-11150
Publication date2022-09-06
Open AccessYes
TypeARTICLE
VenueInternational Journal of Environmental Research and Public Health (JOURNAL)
Journal identifiersISSN: 1661-7827 • E-ISSN: 1660-4601
PublisherMultidisciplinary Digital Publishing Institute (PUBLISHER • CH)
DOI10.3390/ijerph191811150
PMID36141423
OpenAlexW4294741455
LanguageEN
Citations received3
References cited66

To achieve the goals of carbon peak and carbon neutrality, the low-carbon transformation (LCT) of high-carbon firms is inevitable. We construct game models of a supply chain with different dominant types under a mixed carbon policy that embraces carbon cap-and-trade and carbon tax. Solving each dominant model, we derive the effective area and optimal threshold of the mixed carbon policy to guide LCT. We find that the selling price, market demand, and profit of the supply chain system are equal in different dominant models due to the mixed carbon policy, but when a company dominates the supply chain, its profit is higher than when it is a subordinate. In addition, the high-carbon manufacturers (HCM) will pursue LCT only when the sum of the carbon tax rates and carbon trading prices is within a certain threshold, and the subordinate HCM are more likely to be driven to pursue LCT. Therefore, the government should adopt a differentiated hybrid carbon policy, setting a high (low) carbon tax rate for the HCM in a dominant (subordinate) position

Carbon fibers · Carbon tax · Economics · Greenhouse gas · Microeconomics · Profit (economics · Climate Change Policy and Economics · Computer Science · Energy, Environment, and Transportation Policies · Environmental Impact and Sustainability

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Citations per year1
Citation span2023 - 2023 (1)
Highly citedNo

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