气候变化领域集成服务门户(CCPortal): Inequality impacts of ETS penalties: A case study on the recent Chinese nationwide ETS market

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DOI	10.1016/j.enpol.2022.113399
	Inequality impacts of ETS penalties: A case study on the recent Chinese nationwide ETS market
	Chen, Shuyang; Wang, Can
发表日期	2023
ISSN	0301-4215
EISSN	1873-6777
卷号	173 页码:10
英文摘要	Climate change induces inequality, and climate policies to cope with climate change may unexpectedly further increase inequality. Within the domains of climate policies, punishment mechanisms are vital to ensure policy effects; nevertheless, very few studies have focused on inequality impacts of punishment mechanisms. In this paper, we attempt to narrow the research gap by using a dynamic recursive Computable General Equilibrium (CGE) model to analyze how the designed ETS penalties affect inequality in China. The CGE model results show that ETS penalties induce uneven distribution of mitigation costs, output loss, and emission abatement among the sectors. ETS penalties slightly decrease household income and consumption inequality, denoted by the Gini coefficients; however, people's negative feelings about inequality are positively related to ETS penalties. The results imply that the current Chinese nationwide ETS market is not stringent enough to effectively achieve mitigation targets. In such a loose ETS policy, ETS penalties cannot give full play to regulate emission noncompliance and thus have minimal impacts on inequality. Hence, worldwide policymakers should not design too loose ETS policies to avoid undermining ETS punishment mechanisms.
英文关键词	Inequality; Penalties; ETS; CGE; China
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:000912606800001
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/272076
作者单位	Tsinghua University
推荐引用方式 GB/T 7714	Chen, Shuyang,Wang, Can. Inequality impacts of ETS penalties: A case study on the recent Chinese nationwide ETS market[J],2023,173:10.
APA	Chen, Shuyang,&Wang, Can.(2023).Inequality impacts of ETS penalties: A case study on the recent Chinese nationwide ETS market.ENERGY POLICY,173,10.
MLA	Chen, Shuyang,et al."Inequality impacts of ETS penalties: A case study on the recent Chinese nationwide ETS market".ENERGY POLICY 173(2023):10.