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DOI10.1016/j.enpol.2022.113114
Is economic crisis an opportunity for realizing the low-carbon transition? A simulation study on the interaction between economic cycle and energy regulation policy
Zhang, Qi; Wu, Xifeng; Chen, Yu
发表日期2022
ISSN0301-4215
EISSN1873-6777
卷号168页码:14
英文摘要The COVID-19 and the resulting financial crisis have led researchers to focus on the impact of the exogenous shock on the economy and the effectiveness of energy policy for a low-carbon transition. However, measuring this impact sophistically is notoriously fraught with difficulties. In this research, we build a combined agentbased economy-energy model to capture the change in the effectiveness of energy policy in response to an economic crisis. Simulation results show that the government can achieve its low-carbon transition development target using the regulation in the energy market, such as the emissions trading scheme policy. However, this regulation in the energy market will negatively affect the economy, and this adverse effect becomes more severe with either higher energy consumption or a lower energy capacity. Nevertheless, introducing the policy with appropriate timing, typically in the recovery phase of an economic crisis, can effectively reduce the negative impact of government regulation. Finally, some policy implications are proposed for different situations of countries and to reduce the negative effects of energy regulation policy.
英文关键词Low -carbon transition; Macroeconomic; Economy -energy model; Agent -based model; Energy policy; Market regulation
学科领域Economics; Energy & Fuels; Environmental Sciences; Environmental Studies
语种英语
WOS研究方向Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
WOS记录号WOS:000838125800003
来源期刊ENERGY POLICY
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/272397
作者单位University of Tokyo
推荐引用方式
GB/T 7714
Zhang, Qi,Wu, Xifeng,Chen, Yu. Is economic crisis an opportunity for realizing the low-carbon transition? A simulation study on the interaction between economic cycle and energy regulation policy[J],2022,168:14.
APA Zhang, Qi,Wu, Xifeng,&Chen, Yu.(2022).Is economic crisis an opportunity for realizing the low-carbon transition? A simulation study on the interaction between economic cycle and energy regulation policy.ENERGY POLICY,168,14.
MLA Zhang, Qi,et al."Is economic crisis an opportunity for realizing the low-carbon transition? A simulation study on the interaction between economic cycle and energy regulation policy".ENERGY POLICY 168(2022):14.
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