Carbon permits allocation based on two-stage optimization for equity and efficiency: A case study within China

Su Feng Wang; Shan Lin Yang

doi:10.4028/www.scientific.net/AMR.518-523.1117

Carbon permits allocation based on two-stage optimization for equity and efficiency: A case study within China

Su Feng Wang
, Shan Lin Yang

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

5 Scopus citations

Abstract

The initial allocation of carbon emission permits is always a challenge in aggregate cap due to the conflicts between equity and efficiency. In this article, we introduce a two-stage optimization framework to allocate permits in which the first stage is for equity by maximizing weighted information entropy and the second for efficiency by minimizing the average yearly energy consumption per GDP for all emitters. The allocation of carbon emission permits of 30 provinces within China is chosen as a case study to illustrate the application of this framework. The results show that the two-stage optimization method can provide a profound insight for emission abatement with a focus on balance of equity and efficiency for the policy-makers, especially in Non-Annex I countries.

Original language	English
Title of host publication	Advances in Environmental Science and Engineering
Pages	1117-1122
Number of pages	6
DOIs	https://doi.org/10.4028/www.scientific.net/AMR.518-523.1117
State	Published - 2012
Externally published	Yes
Event	1st International Conference on Energy and Environmental Protection, ICEEP 2012 - Hohhot, China Duration: 23 Jun 2012 → 24 Jun 2012

Publication series

Name	Advanced Materials Research
Volume	518-523
ISSN (Print)	1022-6680

Conference

Conference	1st International Conference on Energy and Environmental Protection, ICEEP 2012
Country/Territory	China
City	Hohhot
Period	23/06/12 → 24/06/12

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy

Keywords

Carbon permits allocation
Efficiency
Equity
Two-stage optimization model

Access to Document

10.4028/www.scientific.net/AMR.518-523.1117

Cite this

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title = "Carbon permits allocation based on two-stage optimization for equity and efficiency: A case study within China",

abstract = "The initial allocation of carbon emission permits is always a challenge in aggregate cap due to the conflicts between equity and efficiency. In this article, we introduce a two-stage optimization framework to allocate permits in which the first stage is for equity by maximizing weighted information entropy and the second for efficiency by minimizing the average yearly energy consumption per GDP for all emitters. The allocation of carbon emission permits of 30 provinces within China is chosen as a case study to illustrate the application of this framework. The results show that the two-stage optimization method can provide a profound insight for emission abatement with a focus on balance of equity and efficiency for the policy-makers, especially in Non-Annex I countries.",

keywords = "Carbon permits allocation, Efficiency, Equity, Two-stage optimization model",

author = "Wang, \{Su Feng\} and Yang, \{Shan Lin\}",

year = "2012",

doi = "10.4028/www.scientific.net/AMR.518-523.1117",

language = "英语",

isbn = "9783037854167",

series = "Advanced Materials Research",

pages = "1117--1122",

booktitle = "Advances in Environmental Science and Engineering",

note = "1st International Conference on Energy and Environmental Protection, ICEEP 2012 ; Conference date: 23-06-2012 Through 24-06-2012",

}

Wang, SF & Yang, SL 2012, Carbon permits allocation based on two-stage optimization for equity and efficiency: A case study within China. in Advances in Environmental Science and Engineering. Advanced Materials Research, vol. 518-523, pp. 1117-1122, 1st International Conference on Energy and Environmental Protection, ICEEP 2012, Hohhot, China, 23/06/12. https://doi.org/10.4028/www.scientific.net/AMR.518-523.1117

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T2 - 1st International Conference on Energy and Environmental Protection, ICEEP 2012

AU - Wang, Su Feng

AU - Yang, Shan Lin

PY - 2012

Y1 - 2012

N2 - The initial allocation of carbon emission permits is always a challenge in aggregate cap due to the conflicts between equity and efficiency. In this article, we introduce a two-stage optimization framework to allocate permits in which the first stage is for equity by maximizing weighted information entropy and the second for efficiency by minimizing the average yearly energy consumption per GDP for all emitters. The allocation of carbon emission permits of 30 provinces within China is chosen as a case study to illustrate the application of this framework. The results show that the two-stage optimization method can provide a profound insight for emission abatement with a focus on balance of equity and efficiency for the policy-makers, especially in Non-Annex I countries.

AB - The initial allocation of carbon emission permits is always a challenge in aggregate cap due to the conflicts between equity and efficiency. In this article, we introduce a two-stage optimization framework to allocate permits in which the first stage is for equity by maximizing weighted information entropy and the second for efficiency by minimizing the average yearly energy consumption per GDP for all emitters. The allocation of carbon emission permits of 30 provinces within China is chosen as a case study to illustrate the application of this framework. The results show that the two-stage optimization method can provide a profound insight for emission abatement with a focus on balance of equity and efficiency for the policy-makers, especially in Non-Annex I countries.

KW - Carbon permits allocation

KW - Efficiency

KW - Equity

KW - Two-stage optimization model

UR - https://www.scopus.com/pages/publications/84861691186

U2 - 10.4028/www.scientific.net/AMR.518-523.1117

DO - 10.4028/www.scientific.net/AMR.518-523.1117

M3 - 会议稿件

AN - SCOPUS:84861691186

SN - 9783037854167

T3 - Advanced Materials Research

SP - 1117

EP - 1122

BT - Advances in Environmental Science and Engineering

Y2 - 23 June 2012 through 24 June 2012

ER -

Carbon permits allocation based on two-stage optimization for equity and efficiency: A case study within China

Abstract

Publication series

Conference

UN SDGs

Keywords

Access to Document

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