Impact of carbon capture and storage, cap-and-trade, and multiproduct cost structure on pollution in an oligopoly

doi:10.1016/j.eneco.2024.107773

淡江大學機構典藏 > 商管學院 > 國際企業學系暨研究所 > 期刊論文 > Item 987654321/125870

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题名:	Impact of carbon capture and storage, cap-and-trade, and multiproduct cost structure on pollution in an oligopoly
作者:	Lin, Jyh-horng
关键词:	Cap-and-trade Carbon capturer and storage Conjectural variation Multiproduct cost Pollution
日期:	2024-07-16
上传时间:	2024-08-07 12:05:44 (UTC+8)
出版者:	Energy Economics
摘要:	This paper presents an oligopolistic model to examine the effects of cap-and-trade regulations, carbon capture and storage (CCS), and multiproduct cost structures on reducing pollution emissions. It investigates an oligopoly consisting of both carbon-intensive and environmentally friendly manufacturers that produce goods and pollutants concurrently. The findings suggest that in a quasi-competitive or Cournot-type conjectural variation (CV), a tighter cap leads to increased pollution from the carbon-intensive manufacturer but decreased pollution in a collusive CV. Moreover, this stricter cap notably diminishes the equity of the carbon-intensive manufacturer in a collusive scenario and that of the green manufacturer in a quasi-competitive environment. When the green manufacturer adopts advanced CCS technology or operates with a subadditive cost structure, pollution from the carbon-intensive manufacturer decreases in quasi-competitive and collusive scenarios but increases under Cournot-type CV. Meanwhile, the green manufacturer experiences the greatest equity boost with advanced CCS technology in collusive settings, while its equity decreases most significantly with a subadditive cost structure in quasi-competitive CV. Our contribution indicates that the efficacy of climate policies in oligopolies depends on both multiproduct cost structures and CVs employed.
關聯:	Energy Economics 137,　107773
DOI:	10.1016/j.eneco.2024.107773
显示于类别:	[國際企業學系暨研究所] 期刊論文

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