GX & Decarbonization Research

Li G.

This paper examines how China's carbon trading scheme promotes decarbonization in the power sector. It analyzes the scheme's design, implementation, emission reduction effects, and cost impacts, providing evidence on policy effectiveness an…

Jiahui Lin

This paper comprehensively reviews the institutional implications of the EU Carbon Border Adjustment Mechanism (CBAM) and its overall influence on China's carbon market. It finds that CBAM structurally affects the international competitiven…

Antônio Lopo Martinez

CBAM operates as a hybrid of climate policy and customs/tax administration, risking exclusion of smaller exporters and North-South asymmetries if procedures are opaque or burdensome. This paper maps exporters' procedural journey, identifies…

Yan G.

This paper empirically evaluates the effectiveness of China's national emissions trading scheme (ETS) using unit-level monitoring data, providing insights into emission reductions and policy design implications.

Bauer, Michael, Känzig, Diego, Rudebusch, Glenn

This paper empirically examines how carbon pricing affects inflation expectations using European ETC data and surveys. It finds that carbon prices raise short-term inflation expectations, but the effect is modest. Offers insights for centra…

Hikmatul Ula

This paper critically analyzes the EU's Carbon Border Adjustment Mechanism (CBAM) from a climate justice perspective. It finds that CBAM's current design overly focuses on carbon cost equalization and inadequately recognizes differentiated …

Chaarvi Parasher

This paper compares carbon taxes and cap-and-trade systems as instruments to correct greenhouse gas externalities. Through case studies of the EU ETS and Sweden's carbon tax, it finds that both can achieve meaningful emissions reductions wh…

Nam H.J.

This paper examines how carbon pricing mechanisms influence the diffusion of eco-technologies. It finds that regulatory stringency accelerates adoption but price signals alone may be insufficient, offering insights for policy design.

Cheng X.

This paper empirically examines how emissions trading schemes (ETS) affect corporate green innovation, focusing on the moderating role of corporate governance. It suggests that ETS promotes environmental technology innovation, with governan…

Muzi Chen, Difang Huang, Shouyang Wang +1

Firms covered by emissions trading systems need forecasts to value allowances and decide when to buy them. This paper tests whether EUA prices have short-horizon predictability that improves compliance procurement. Using daily data from 201…

Zwickl-Bernhard S.

This paper analyzes the impact of the EU Carbon Border Adjustment Mechanism (CBAM) on the LNG market, focusing on carbon price and uncertainty from major suppliers. It explores how CBAM may affect LNG pricing and supply security, highlighti…

Zhongxiu Chen, Zhehao Huang, C ZHANG +1

This paper proposes a carbon price dynamics model combining jump-diffusion and higher-order hidden Markov switching. It captures price volatility and regime shifts in carbon markets, aiding forecasting and risk management.

Pyung Kim

Using South Korea's unique dual regulatory framework where an ETS and a command-and-control program (TMS) operate in parallel, this study compares carbon pricing with prescriptive regulation at the firm level. Difference-in-differences anal…

Christi Kesh, Aparna Sharma, Vaibhav Chaturvedi

This paper examines challenges and potential pathways for voluntary carbon markets, focusing on transparency, credibility, and scalability. It discusses quality standards for carbon credits and prevention of double counting, offering policy…

Aparna Sharma, Mari Luomi, Darshna Singh

This paper analyzes the effectiveness of carbon markets in emerging economies, focusing on compliance design choices, offsetting mechanisms, and harmonization. It provides policy insights for balancing emission reduction targets and market …

Zhouding Liu, Sareer Ahmad, Sher Khan

This study examines the impact of carbon pricing and non-carbon pricing (renewable energy) policies on decoupling economic growth from carbon emissions in the EU. Decoupling analysis shows strong and weak decoupling effects in most years, w…

Chaarvi Parasher

This paper compares carbon taxes and cap-and-trade as instruments to correct greenhouse gas externalities, using the EU ETS and Sweden's carbon tax as case studies. It finds that both can achieve significant emissions reductions when well-d…

Chen L.

This paper examines whether China's carbon emissions trading system (ETS) can simultaneously achieve carbon reduction and air pollution control. Empirical analysis suggests synergistic effects, reducing CO2 and pollutants like PM2.5. Differ…

Han J.

This paper examines how international bilateral emissions trading systems can identify and leverage emissions reduction opportunities to help China achieve its Nationally Determined Contributions (NDCs) in the energy sector. It analyzes mec…

Vlachou A.

The EU ETS is the world's largest emissions trading system, providing a carbon price signal. This paper outlines its mechanism and impact.