GX & Decarbonization Research

Cristiana Tudor, Aura Girlovan, Robert Sova +2

This paper analyzes how emissions trading systems (ETS) transmit macroeconomic shocks using monthly data from seven jurisdictions. Using PVAR-CCE and XGBoost, it finds that ETS returns have spillover effects on unemployment and inflation, w…

Maciejowski, Jan, Leonelli, Manuele

This paper uses Bayesian networks to analyze drivers of EUA futures prices under the EU ETS, covering 2013-2025. Energy commodities (coal, oil) are the most influential, while stock market sentiment affects prices indirectly. The dynamic mo…

Ana Beatriz Leite, Teresa Ponce De Leão

This paper analyzes the EU Carbon Border Adjustment Mechanism (CBAM) as a carbon pricing policy for imports to prevent carbon leakage and ensure fair competition. It examines integration with the EU ETS, MRV systems, and a steel sector case…

Do Phu Hai

This study empirically evaluates the EU's CBAM and ETS linkage using gravity models and CGE simulations for six developing-country exporters. It finds carbon-intensive exports decline by 9–21% and EU welfare losses nearly double compared to…

Zhipeng Han, Liguo Wang

This study combines partial equilibrium modeling with empirical analysis to show that emissions trading systems (ETS) significantly promote green transformation of industrial enterprises by incentivizing low-carbon innovation and alleviatin…

C. José García, Begoña Herrero, Francisco Morillas‐Jurado

This study examines the impact of carbon prices under the EU Emissions Trading System (EU-ETS) on firm-level GHG emissions and environmental innovation. Findings show carbon prices have a negative relationship with corporate CO2 emissions a…

Dai, C, Pollitt, MG

This study uses triangulated institutional analysis (policy archaeology, cognitive mapping, quantitative validation) of 346 documents and 22 expert interviews to examine the integration of China's national carbon market (CN-ETS) with local …

Lai Nam Tuan

This study analyzes the effectiveness of Emission Trading Systems (ETS) in reducing CO2 emissions across 11 Asian countries using a high-dimensional fixed effects regression. Results show that ETS effectiveness is highly contingent on count…

Wang, Baixue, Quan, Yifei, Duan, Maosheng

This study provides the first comprehensive ex-post evaluation of China's national ETS after three compliance periods, based on a nationwide survey. It examines allowance allocation, trading behavior, emissions accounting, and reduction act…

Kohlscheen, Emanuel, Moessner, Richhild, Takats, Elod

Using dynamic panel regressions on 121 countries, this study finds that higher carbon taxes and ETS prices significantly reduce CO2 emissions. A $10/ton increase in carbon tax reduces per capita emissions by 1.3% in the short run and 4.6% i…

Md Arafat Rahman

This study analyzes the relationship between carbon pricing and carbon intensity among India's top 100 firms using CDP data. It investigates how internal carbon pricing, SBTs, CSR, and R&D investment influence carbon disclosure and environm…

null Kasno, Lina Nurlaela

This study examines how Indonesia's hybrid carbon pricing strategy—combining a postponed carbon tax with an ETS and the IDXCarbon exchange—affects firm-level investment behavior. Results show that firms with higher exposure to ETS and CBAM …

Sagone, Simona, Cellura, Maurizio

This systematic literature review examines the Carbon Border Adjustment Mechanism (CBAM) from the perspective of Mediterranean developing countries, applying the Common But Differentiated Responsibilities (CBDR) principle. Analyzing 138 stu…

Nan-nan Liu, Shuyu Chen, Jun Kong +1

This paper examines the transition from China's CAFC-NEV credits policy to a carbon emission management system using a differential game model of a supply chain producing both ICEVs and NEVs. Results show that introducing carbon credits doe…

Ruoqi Han, Kai-zheng Liu, Xinyu Wang

This paper systematically evaluates China's carbon emission trading (ETS) policy from agenda-setting to implementation and impact analysis. It finds a positive effect on corporate green innovation, but with heterogeneity across industries, …

Jian Chen, Zehong Li, Wenbiao Zhang

This study analyzes the price formation mechanism and influencing factors in China's carbon emissions trading market, empirically examining how market participants and regulatory policies affect price fluctuations, offering insights for imp…

Alper Seyhan, M. Bayraktar, O. Yüksel +1

This paper conducts a scenario-based LCOE assessment for bulk carriers within the EU ETS scope, incorporating carbon tax, fuel prices, and GHG emissions. It highlights the economic costs and policy interactions in maritime decarbonization.

Xiaoyu Yue, Siyang Liao, Lijun Fu +4

This paper proposes an electricity-carbon collaborative optimization model for electrolytic aluminum loads integrating green certificate trading, carbon emissions trading, and demand response. A real-plant case study shows the model increas…

Jiankai Fang, Dongmei Yan, Hongkun Wang +3

This paper proposes a co-optimized scheduling model for multi-microgrid systems that incorporates a reputation evaluation framework using RMSE, MAE, and DTW to detect fraudulent behavior. It integrates a Shapley value-based dynamic network …

Huan Zhu, Boqi Qin, Xinze Li +1

This study examines whether the capital market prices climate transition risk by analyzing the impact of China's carbon emission trading system on stock prices. The findings provide evidence that investors incorporate transition risk into a…