GX & Decarbonization Research

Huanrui Ma, Sheng Wang

As the EU's Carbon Border Adjustment Mechanism (CBAM) fully takes effect in 2026, China faces rising export costs and industrial competitiveness challenges. This study uses a CGE model and structural decomposition analysis to simulate a por…

Zhaolin Chen, Jie Yu

This paper proposes a low-carbon scheduling model for virtual power plants (VPPs) that integrates electricity-carbon coupling and demand response. A coupling coefficient embeds carbon cost into time-of-use pricing, and a ladder carbon tradi…

D. Revoltella, Fotios Kalantzis

Survey evidence shows manufacturers respond positively to the EU carbon price but seek reassurance on policy direction and stringency. The EU ETS is effective, but most industrial decarbonization remains to be achieved.

Zhonghua Cheng, Yanhao Yang, Xueqin Yan

This paper empirically analyzes the impact of China's carbon emissions trading scheme on corporate green total factor productivity (GTFP), examining whether the policy introduction contributes to GTFP improvement.

Bakary Jammeh

This dataset provides weekly EU ETS market data for 2021–2026, including EUA spot and futures prices, market positioning, and financialisation indicators. It supports analysis of carbon price formation, financial intermediation, and interte…

Morris J.

This paper analyzes the impacts of China's emissions trading schemes (ETS) on the deployment of power generation with carbon capture and storage (CCS). It examines how ETS design affects the economics and diffusion of CCS, offering policy i…

Songsrirote, Nitiphong

This study empirically examines the effectiveness of carbon taxes and emissions trading systems using global panel data, focusing on institutional capacity and policy intensity. Results suggest that strong institutions and consistent policy…

Xuemei Zhang, Qiang Hu, Xiao Jiang +1

This study develops a duopolistic game model under cap-and-trade policy, analyzing competing manufacturers' choice between external carbon market trading and internal trading agreements. It finds conditions for Pareto improvement in profits…

Elias Hasler

This paper examines the global economic and climate spillovers from the EU ETS using high-frequency carbon policy surprises. Higher EU carbon prices reduce emissions both within and outside the Euro Area, with no aggregate carbon leakage. T…

Liu H.

This paper empirically examines the impact of carbon emissions trading schemes on green technology innovation using city-level data from China. The findings suggest that the scheme promotes patent-based innovation indicators.

Zhang L.

This paper empirically examines the impact of carbon emissions trading (ETS) on employment at both firm and city levels, providing quantitative evidence on the labor market effects of carbon pricing and insights for policy design.

Shao S.

This paper empirically examines the effect of China's carbon emissions trading scheme (ETS) pilot policy on air pollution reduction. Using a difference-in-differences approach, it finds significant decreases in air pollutants in pilot regio…

Martin R.

This paper provides a firm-level empirical analysis of compensation mechanisms under the EU Emissions Trading System (EU ETS) aimed at preventing carbon leakage. It examines how free allocation of allowances to sectors at high risk of reloc…

Lawson C.

Examines the relationship between emissions trading and technological lock-in in aviation. Suggests that near-term reliance on existing technologies may hinder deeper decarbonization.

Verbist F.

This paper proposes a precautionary approach to integrating carbon dioxide removal (CDR) into emissions trading systems (ETS). It addresses quality and additionality concerns of carbon credits and outlines a phased integration pathway.

Kim J.G.

This paper analyzes optimal containership speed and fleet size under a carbon tax and an emissions trading scheme. It models the trade-off between cost minimization and emission reduction, offering insights for policy design.

Liu Y

This study examines the impact of the EU's Carbon Border Adjustment Mechanism (CBAM) on carbon leakage using TWFE and spatial DID models. Findings show CBAM significantly reduces carbon leakage for countries exporting to the EU, with effect…

Ruixuan Yao, Jiajie Xia, Xilan Xu +1

This paper proposes a sustainability trilemma for carbon markets, arguing that price stability, market liquidity, and abatement rigidity cannot be achieved simultaneously. Using daily data from China's national thermal-power ETS (2021-2025)…

Menegat, Stefano

This study demonstrates that road transport carbon pricing in Europe creates uneven burdens across regions and income groups. It argues that targeted revenue recycling is essential to ensure equity, providing policy design insights.

Lan Mu, Wang Qiongyao, YJ Li +1

This paper examines the relationship between carbon emissions trading systems and energy resilience, focusing on how market-based climate policies can shape a country's or region's ability to withstand energy shocks.