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DOI | 10.1016/j.enpol.2020.111362 |
The environmental and economic impact of the emissions trading scheme (ETS) in Vietnam | |
Nong D.; Nguyen T.H.; Wang C.; Van Khuc Q. | |
发表日期 | 2020 |
ISSN | 03014215 |
卷号 | 140 |
英文摘要 | This study aims to fill a gap in the literature by examining the impacts of an emissions trading scheme (ETS) in Vietnam, as the policy has been discussed for a decade in the country but the likely impacts on the economy and different sectors are still unidentified. The simulations are carried out in a global energy computable general equilibrium (CGE) model, an extension of the GTAP-E model, which treats Vietnam as a country region. Results show that restricting the number of industrial sectors in the emissions trading market substantially affects the country's economy with a decline in real GDP by 4.57%. However, the country experiences much smaller adverse impacts (e.g., real GDP declines by 1.78%) when all industries participate in the emissions trading market. In either case of the ETS design, the coal mining, manufacturing, transportation, and electricity sectors are highly adversely affected; however, the crude oil and natural gas extraction sectors would experience expansion in their production levels due to substitutions for coal. In general, under the policy the emission levels from burning fossil fuels decline at significant rates, particularly from the electricity generation sector. © 2020 Elsevier Ltd |
关键词 | Climate change policyComputable general equilibrium (CGE)Emissions trading scheme (ETS)Environmental policyGTAP-EVietnam |
英文关键词 | Climate change; Coal transportation; Commerce; Emission control; Environmental protection; Fossil fuels; Manufacture; Natural gas transportation; Petroleum transportation; Climate change policies; Computable general equilibrium; Emissions Trading Scheme; Environmental policy; Viet Nam; Economic and social effects; computable general equilibrium analysis; economic impact; emissions trading; environmental economics; environmental impact; environmental policy; policy approach; Viet Nam |
语种 | 英语 |
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/204799 |
作者单位 | Institute for Food and Resource Economics / Center for Development Research University of Bonn, Germany; Department of Soil and Crop Sciences Colorado State University, United States; Faculty of Economics and Management, Henan Agricultural University, China; Faculty of Economics and Business, PHENIKAA University, Hanoi, 12116, Viet Nam |
推荐引用方式 GB/T 7714 | Nong D.,Nguyen T.H.,Wang C.,et al. The environmental and economic impact of the emissions trading scheme (ETS) in Vietnam[J],2020,140. |
APA | Nong D.,Nguyen T.H.,Wang C.,&Van Khuc Q..(2020).The environmental and economic impact of the emissions trading scheme (ETS) in Vietnam.Energy Policy,140. |
MLA | Nong D.,et al."The environmental and economic impact of the emissions trading scheme (ETS) in Vietnam".Energy Policy 140(2020). |
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