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DOI | 10.1080/14693062.2019.1605329 |
The differentiated impact of emissions trading system based on company size | |
Koo Y.; Lee Y.; Kim Y.-G. | |
发表日期 | 2019 |
ISSN | 14693062 |
起始页码 | 923 |
结束页码 | 936 |
卷号 | 19期号:7 |
英文摘要 | Most countries implementing an emissions trading system (ETS), such as EU member states, California in the US, or South Korea, are generally targeting large sized companies, which consume energy above a specific threshold. However, previous studies using computable general equilibrium (CGE) models have analyzed climate policies without considering company size. This may have led to inaccurate results because the impacts of climate policy would differ depending on the coverage of regulated companies. Accordingly, this study examines the environmental and economic impacts of greenhouse gas emission reduction policies, assuming policy results vary by firm size, as covered by the Korean emission trading system. To this end, a CGE model with a separate social accounting matrix based on company size is used to compare three scenarios that reflect different types of carbon pricing methods. The results show that greenhouse gases will be reduced to a lower extent and utility will decrease more if mitigation policies are only imposed to large companies. Key policy insights Carbon pricing policies should consider the different impacts on companies of different sizes and industry sectors. Without considering the different sizes of companies covered by an ETS, the expected carbon price and its economic impact will be underestimated. Small and medium-sized companies will face more negative impacts than large companies in some industry sectors under an ETS, even if the mitigation burden is only faced by large companies. © 2019, © 2019 Informa UK Limited, trading as Taylor & Francis Group. |
英文关键词 | Carbon tax; climate policy; computable general equilibrium; greenhouse gas emissions; SMEs |
语种 | 英语 |
scopus关键词 | carbon emission; computable general equilibrium analysis; economic impact; emission control; emissions trading; environmental impact; firm size; greenhouse gas; pollution policy; pollution tax; small and medium-sized enterprise; Korea |
来源期刊 | Climate Policy |
文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/153384 |
作者单位 | Technology, Management, Economics and Policy Program, College of Engineering & Graduate School of Engineering Practice, Seoul National University, Seoul, South Korea; Technology Management, Economics and Policy Program, College of Engineering, Seoul National University, Seoul, South Korea; Korea Environment Institute, Sejong, South Korea |
推荐引用方式 GB/T 7714 | Koo Y.,Lee Y.,Kim Y.-G.. The differentiated impact of emissions trading system based on company size[J],2019,19(7). |
APA | Koo Y.,Lee Y.,&Kim Y.-G..(2019).The differentiated impact of emissions trading system based on company size.Climate Policy,19(7). |
MLA | Koo Y.,et al."The differentiated impact of emissions trading system based on company size".Climate Policy 19.7(2019). |
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