研討日期

2025051212:10-13:50

研討地點

國立臺灣大學社會科學院710會議室

主講題目

Title of the paper

The Analysis of Cap and Intensity Regulation in the Presence of an Emission Trading Market

作者

Authors of the paper

Anggoro Prihandoko, Yan-Shu Lin

文獻出處

Journal, vol.(issue), pp

Working Paper

主講人

高國峯

參加人員

黃鴻、林燕淑、許至乙、高國峯、曹古駒、林晏如Ayu Sasni MunteMicah MainalaAnggoro Prihandoko、楊雅棠、李易鴻

摘要

Abstract of the Paper

We revisit two emission regulations and compare their efficiency, particularly emission intensity and cap regulation. We find that firms always prefer to participate in the emission trading market. The social efficiency of the regulation depends on the efficiency of abatement. When abatement is relatively efficient, intensity regulation is always preferable. However, when abatement is relatively inefficient, cap regulation is always preferable. Consumers are better off when the government imposes intensity regulation due to higher production. Further, firm with higher production efficiency always choose intensity when the production efficiency is relatively high. Meanwhile, firm with lower production efficiency always prefer cap regulation.