The Impact of Carbon Trading on the Road Freight Sector

Li Chen (), Boyu Zhang (), Hanping Hou (), Alfred Taudes () and Congcong Yang ()
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Li Chen: Beijing Jiaotong University
Boyu Zhang: Beijing Normal University
Hanping Hou: Beijing Jiaotong University
Alfred Taudes: Vienna University of Economics and Business
Congcong Yang: Vienna University of Economics and Business

A chapter in LISS 2013, 2015, pp 615-620 from Springer

Abstract: Abstract This paper investigates the impact of carbon trading by transport companies on the structure of the road freight industry. Based on a cost-benefit model of a transport company, best response strategies of road freight companies and the resulting equilibrium carbon credit price are derived. It turns out that by changing the penalty level and the rate of free carbon credits, the government can control the payoff of the road freight companies indirectly through the carbon trading system.

Keywords: CO2 emission; Carbon trading system; Road freight industry (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-40660-7_91

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DOI: 10.1007/978-3-642-40660-7_91

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