Analysis of the synergistic effect between energy use rights market and carbon emission rights market
The control of total energy consumption and intensity, as well as total carbon emissions and intensity, is a key institutional design to serve the national carbon peak and carbon neutrality goals. To promote the establishment of a dual control system for carbon emissions, a series of supporting meas...
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| Format: | Article |
| Language: | English |
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EDP Sciences
2025-01-01
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| Series: | E3S Web of Conferences |
| Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2025/28/e3sconf_eppct2025_02016.pdf |
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| _version_ | 1849309506632155136 |
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| author | Wang Yu Zhang Xiaoxuan Cong Pengwei |
| author_facet | Wang Yu Zhang Xiaoxuan Cong Pengwei |
| author_sort | Wang Yu |
| collection | DOAJ |
| description | The control of total energy consumption and intensity, as well as total carbon emissions and intensity, is a key institutional design to serve the national carbon peak and carbon neutrality goals. To promote the establishment of a dual control system for carbon emissions, a series of supporting measures and institutional tools are needed. The construction of energy use rights market and carbon emission rights market in China is an exploration of market-oriented energy conservation and emission reduction mechanisms. Both are based on total quantity control and utilize secondary trading markets to redistribute scarce factor rights and interests. Under the dual control of carbon emissions, energy trading can still control emissions from the source end, while carbon emissions trading strengthens technological applications from the end. Both are key policy tools for addressing climate change and promoting green development. If two markets operate in synergy and address the issues of repeated incentives and regulations, it can improve emission reduction efficiency and reduce emission reduction costs. This article establishes a quantitative analysis model to prospectively study the synergistic relationship between the energy use rights market and the carbon emission rights market. |
| format | Article |
| id | doaj-art-669b056b87364b5e9ed0cd8a4fc21756 |
| institution | Kabale University |
| issn | 2267-1242 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | E3S Web of Conferences |
| spelling | doaj-art-669b056b87364b5e9ed0cd8a4fc217562025-08-20T03:54:07ZengEDP SciencesE3S Web of Conferences2267-12422025-01-016280201610.1051/e3sconf/202562802016e3sconf_eppct2025_02016Analysis of the synergistic effect between energy use rights market and carbon emission rights marketWang Yu0Zhang Xiaoxuan1Cong Pengwei2State Grid Energy Research Institute Co., LtdState Grid Energy Research Institute Co., LtdState Grid Energy Research Institute Co., LtdThe control of total energy consumption and intensity, as well as total carbon emissions and intensity, is a key institutional design to serve the national carbon peak and carbon neutrality goals. To promote the establishment of a dual control system for carbon emissions, a series of supporting measures and institutional tools are needed. The construction of energy use rights market and carbon emission rights market in China is an exploration of market-oriented energy conservation and emission reduction mechanisms. Both are based on total quantity control and utilize secondary trading markets to redistribute scarce factor rights and interests. Under the dual control of carbon emissions, energy trading can still control emissions from the source end, while carbon emissions trading strengthens technological applications from the end. Both are key policy tools for addressing climate change and promoting green development. If two markets operate in synergy and address the issues of repeated incentives and regulations, it can improve emission reduction efficiency and reduce emission reduction costs. This article establishes a quantitative analysis model to prospectively study the synergistic relationship between the energy use rights market and the carbon emission rights market.https://www.e3s-conferences.org/articles/e3sconf/pdf/2025/28/e3sconf_eppct2025_02016.pdf |
| spellingShingle | Wang Yu Zhang Xiaoxuan Cong Pengwei Analysis of the synergistic effect between energy use rights market and carbon emission rights market E3S Web of Conferences |
| title | Analysis of the synergistic effect between energy use rights market and carbon emission rights market |
| title_full | Analysis of the synergistic effect between energy use rights market and carbon emission rights market |
| title_fullStr | Analysis of the synergistic effect between energy use rights market and carbon emission rights market |
| title_full_unstemmed | Analysis of the synergistic effect between energy use rights market and carbon emission rights market |
| title_short | Analysis of the synergistic effect between energy use rights market and carbon emission rights market |
| title_sort | analysis of the synergistic effect between energy use rights market and carbon emission rights market |
| url | https://www.e3s-conferences.org/articles/e3sconf/pdf/2025/28/e3sconf_eppct2025_02016.pdf |
| work_keys_str_mv | AT wangyu analysisofthesynergisticeffectbetweenenergyuserightsmarketandcarbonemissionrightsmarket AT zhangxiaoxuan analysisofthesynergisticeffectbetweenenergyuserightsmarketandcarbonemissionrightsmarket AT congpengwei analysisofthesynergisticeffectbetweenenergyuserightsmarketandcarbonemissionrightsmarket |