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DOI | 10.1016/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 |
ISSN | 0301-4215 |
EISSN | 1873-6777 |
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
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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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