Framework Design and Mechanism Evaluation of Personal Carbon Emissions Trading
- DOI
- 10.2991/978-94-6463-036-7_139How to use a DOI?
- Keywords
- Personal carbon trading; Framework design; Mechanism evaluation
- ABSTRACT
The climate crisis is a severe environmental issue currently faced by all mankind. Carbon dioxide emissions caused by household energy consumption are playing an increasingly dominant role. Personal carbon trading is a market mechanism targeted at consumers for carbon emission reduction, aiming to promote carbon emission reduction in household energy consumption. It is a policy proposal that has received considerable attention in recent years. This paper reviews the development of personal carbon trading, explores the model and operational mechanism of personal carbon trading from differences in range, distribution, and pricing, and evaluates the mechanism from equity, efficiency, and effectiveness. It is concluded that personal carbon trading can internalize the externalities of consumers’ personal carbon emissions and incentivize consumers to participate in carbon emission reduction through a price signal. Personal carbon trading is an organic innovation of a binding market economic instrument and voluntary policy tools, enabling every citizen to consciously participate in environmental policy practice. It is of great significance to achieving the “double carbon” goal and high-quality and sustainable economic development.
- Copyright
- © 2022 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Mingze Wu PY - 2022 DA - 2022/12/31 TI - Framework Design and Mechanism Evaluation of Personal Carbon Emissions Trading BT - Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022) PB - Atlantis Press SP - 944 EP - 950 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-036-7_139 DO - 10.2991/978-94-6463-036-7_139 ID - Wu2022 ER -