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- Title
Abatement technology investment and emissions trading system: a case of coal-fired power industry of Shenzhen, China.
- Authors
Huang, Ying; Liu, Lei; Ma, Xiaoming; Pan, Xiaofeng
- Abstract
As one of China's emissions trading system (ETS) pilots, Shenzhen established the first carbon market of China in 2013. With field data collection and benefit-cost analysis, this article assesses the abatement technology investment decisions of Shenzhen coal-fired power industry under different carbon price scenarios. The results indicate that Shenzhen ETS constitutes a main driver for the short-term technology investment of the industry, but the long-term stimulation effect appears quite limited, except for the integrated gasification combined cycle technology under high carbon price scenario. Further, the paper proposes the short-term and long-term optimal investment strategy for the industry, and relevant policy suggestions.
- Subjects
SHENZHEN (Guangdong Sheng, China : East); ABATEMENT (Atmospheric chemistry); EMISSIONS trading; CARBON; POLLUTION; COAL-fired power plants; COST effectiveness
- Publication
Clean Technologies & Environmental Policy, 2015, Vol 17, Issue 3, p811
- ISSN
1618-954X
- Publication type
Report
- DOI
10.1007/s10098-014-0854-0