GX & Decarbonization Research

Ćosić, Boris, Herc, Luka, Duić, Neven

This repository provides the model code and input data for the H2RES model, analyzing the interconnected power systems of Croatia, Bosnia and Herzegovina, and Serbia from 2026 to 2040 under the Carbon Border Adjustment Mechanism. It include…

Dai Y.

This paper analyzes the impact of China's emissions trading scheme (ETS) on the transformation of the manufacturing industry from the perspective of enterprise behavior. It empirically evaluates policy effectiveness and provides implication…

Zhang Y.

This paper empirically analyzes the impact of China's carbon emission trading scheme (ETS) on corporate ESG performance. Using policy implementation as a quasi-natural experiment, it examines whether ETS participation improves firms' ESG sc…

Lei Y.

This paper evaluates the impact of China's carbon emissions trading scheme (ETS) in Guangdong on optimizing manufacturing structure, using a synthetic control approach. It provides causal evidence on whether ETS promotes industrial upgradin…

Tom Krusche, Alina Winter, Alessia Fulvimari

This study assesses the distributional impacts of the EU ETS2 on households across 27 member states using microsimulation, revealing heterogeneity across income groups and countries. It simulates Social Climate Fund-eligible mitigation meas…

Xue Meng, Jie Ren, Xiaoxia Huang

This paper develops an optimization model for low-carbon retrofit strategies in BF-BOF integrated steel plants under different budget levels, incorporating carbon price dynamics based on expert forecasts and market volatility in China's car…

Yuanzhao Li, Yingxu Shen, Mengyang Hou +4

Using panel data of Chinese listed firms from 2007-2022, this study employs a multi-period DID model to examine the impact of the carbon emissions trading system (CETS) on enterprise digital transformation (EDT). Results show CETS significa…

Ataç Aytuğ

This study examines the legal implications of Türkiye's Climate Law No. 7552 and its national ETS (TR-ETS) design on the 'carbon price effectively paid' deduction under Article 9 of the EU CBAM. It finds that 100% free allocation in the pil…

Yen M, Tieng H, Li L +1

This study analyzes the impact of internal carbon pricing (ICP) on corporate resilience using panel data from U.S. listed firms responding to CDP (2015-2023). ICP adoption is associated with a decline in economic value added (short-term cos…

Lv S.

This paper empirically analyzes the impact of a carbon emissions trading scheme (ETS) on firms' environmental protection investments. Using China's ETS as a natural experiment, it examines changes in corporate environmental investment behav…

Zhang Y.

This paper empirically examines the impact of China's emissions trading scheme (ETS) on environmental efficiency. Using policy evaluation methods, it analyzes whether ETS adoption improves environmental performance of firms or regions. Find…

Gorbach O.G.

This paper analyzes how internal carbon prices (ICPs) affect energy system choices in organizational facilities in Germany, Japan, and the UK, comparing them with potential external carbon prices (ETS, carbon tax). It suggests that ICP leve…

Arzé Karam

This paper proposes 'anticipatory economic implementation,' where credible policy commitments shape market behavior before legal implementation. Using the proposed UK-EU ETS linkage as a natural experiment, it analyzes daily carbon futures …

Carlos Alexandre Gama, Eduardo Souza, Leonardo Maues +1

This paper argues that carbon prices in ETSs primarily reflect institutional scarcity and expectations rather than short-term emissions outcomes. Through comparative analysis of the EU ETS and emerging systems, it shows that price increases…

Abhinav Jindal, Sameeksha Patil

This paper quantifies the trade and production-network impacts of the EU CBAM on India, China, and Japan's steel, aluminum, and cement sectors. It converts carbon costs into ad valorem equivalents and uses a gravity model to estimate export…

Jingyi Wang

As the EU CBAM becomes fully effective in 2026, it will impact Chinese exports. China's ETS carbon price is a fraction of the EU ETS, and this paper proposes including resource tax and consumption tax as effective carbon prices to reduce CB…

Claudia Günther, Darius Sultani, Michael Pahle +1

As emissions trading systems expand globally, the treatment of non-permanent carbon capture and utilisation (CCU) under cap-and-trade schemes is a recurring policy challenge. Using the EU ETS fifth-phase review as a case study, this paper t…

Xinyue Pu, Xi Lin, Jingyang Du +1

This study shows that extending the EU ETS to maritime transport incentivizes evasive hub-and-spoke transshipment, reallocating emissions rather than reducing them globally. Analyzing 7,791 demand pairs, it finds transshipment accounts for …

Govinda R. Timilsina, Ze Song, Gal Hochman

This study evaluates the effectiveness of three major ETS (EU, NZ, Korea) using a generalized synthetic control method on 2005-2020 data. The EU ETS reduced electricity-sector CO2 by 21.3% and total CO2 by 15.6%, while NZ's ETS had no signi…

Kotzampasakis M.

This paper provides a systematic literature review and policy assessment of the EU's maritime emissions trading system (ETS). It analyzes the effectiveness, design challenges, and industrial impacts of ETS in decarbonizing the shipping sect…