Abstract As one of China's emissions trading system (ETS) pilots, Shenzhen established the first carbon market of China in 2013. With field data collection and benefit-cost analysis, this article assesses the abatement technology investment decisions of Shenzhen coal-fired power industry under different carbon price scenarios. The results indicate that Shenzhen ETS constitutes a main driver for the short-term technology investment of the industry, but the long-term stimulation effect appears quite limited, except for the integrated gasification combined cycle technology under high carbon price scenario. Further, the paper proposes the short-term and long-term optimal investment strategy for the industry, and relevant policy suggestions.
CITATION STYLE
Huang, Y., Liu, L., Ma, X., & Pan, X. (2015). Abatement technology investment and emissions trading system: a case of coal-fired power industry of Shenzhen, China. Clean Technologies and Environmental Policy, 17(3), 811–817. https://doi.org/10.1007/s10098-014-0854-0
Mendeley helps you to discover research relevant for your work.