Project-based carbon trading: A flexible mechanism to promote trans-regional cooperation
Journal Title: Energy Environmental Protection - Year 2023, Vol 37, Issue 2
Abstract
The industry baseline method is adopted to allocate carbon allowances in China's national carbon market, neither considering its huge inner regional disparity, nor exhibiting enough flexibility to promote renewable energy. The origination, development and regional imbalance were discussed, and a project-based carbon trading of trans-regional cooperation mechanism was proposed under the direction of theories of carbon trading, trans-regional coordination and ecological compensation. In the proposed mechanism, allowance re-allocation is suggested under the principle of responsibility sharing between producing and consuming areas, and the reduction volume produced through the trans-regional investment projects can be allowed to offset the investor′s carbon allowance compliance. Based on the analysis, we pointed out that this flexible mechanism could help achieve a win-win situation between Eastern and Central & Western China. Suggestions to establish the mechanism were given, including the methodology probing, the institutional designing, and the pilot-program raising.
Authors and Affiliations
LIAO Zhenliang*|Institute of Carbon Neutrality, Tongji University, China, Engineering Research Center of Northwest Energy Carbon Neutrality of Ministry of Education, Xinjiang University, China, SHEN Yifan|School of Economics and Management, Tongji University, China, YAO Qiang|School of Electricial Engineering, Xinjiang University, China
Keywords
Related Articles
- EP ID EP737836
- DOI 10.20078/j.eep.20221202
- Views 57
- Downloads 0
Adsorption Characteristics of Cr（Ⅵ） and Cu2+ by Polyaniline-Modified Active Boron Nitride
Heavy metal pollution in wastewater poses a significant threat to the ecological environment of surface water and represents a major environmental challenge. To develop an efficient and stable adsorbent for the removal o...
Effect of reaction temperature on Mo/Al_2O_3 catalytic hydrodeoxygenation of alkali lignin bio-oils
Alkali lignin, an important source of industrial lignin, can be used for producing aromatic components in biofuels while retaining its aromatic ring structure through hydrothermal liquefaction technology. The temperature...
Enhancements of mass transfer and heat transfer by microreactors and their applications in chemical engineering
Chemical reactions involving fine chemicals, environmental protection, and chemical drugs often necessitate continuous operation, high selectivity, and utmost safety. Particularly, when dealing with strong exothermic rea...
Peroxide-Micro-Modulated Dual Reaction Center Catalyst Inducing Oxygen Activation for Water Purification
Refractory organic pollutants pose a serious threat to both water ecological security and human health due to their stable molecular structures and high biotoxicity to biological organisms. These pollutants resist natura...
Technical research and application prospects of lignocellulose biotransformation
With the progress of industrialization, the consumption of non-renewable energy and the issue of environmental pollution have intensified. Consequently, the development of renewable biomass resources has gained significa...