Font Size: a A A

The Game Analysis Of Carbon Emission Reduction By Chinese Steel Enterprises

Posted on:2019-07-09Degree:MasterType:Thesis
Country:ChinaCandidate:X K ChenFull Text:PDF
GTID:2321330542991646Subject:Business management
Abstract/Summary:PDF Full Text Request
In recent years,as the consequences of carbon dioxide emissions more and more serious,carbon emission has become a common concern of the world.China's steel industry is faced with problems such as extensive production mode and serious pollution,and the mechanism of carbon emission in the steel industry is not yet sound.The carbon emission trading mechanism based on coase theorem and property right theorem,as a market means to optimize allocation of resources,can effectively control carbon emission.For micro level of enterprises,the first is the main body of a profit,then will consider the problem of social responsibility.So how to make enterprises to actively participate in the carbon emissions trading mechanism and get the related revenue is a problem that needs further consideration.Based on the theory of carbon emission trading theory,this paper builds a multi-enterprise game model applicable to China's steel industry according to the development status of China's steel industry.Based on the profit maximization,this model analyzes how enterprises can change their strategies to achieve considerable development under the background of implementing carbon emission trading mechanism.This article selects Baosteel corporation,Angang steel and Shougang steel to carry out example analysis,simulation computation of three iron and steel enterprises in the context of carbon emissions trading mechanisms of the game process.Sensitivity analysis is made to the main parameter variables in the model to find several variables that affect the model.It can be seen from the analysis that the enterprise carbon emission coefficient,enterprise carbon emission reduction investment,enterprise initial carbon emission quota,and carbon emission trading price change will have a great impact on the model calculation results.By an example analysis shows that at the beginning of the implementation of carbon emissions trading,the implementation of the carbon emissions trading mechanism will produce certain adverse effect to enterprises,but for the entire study period is good overall profits.Through the study found that the carbon emissions trading smoothly needs the government and enterprises to actively participate in.The government needs to formulate the reasonable policy to regulate carbon emissions trading market normal operation.The enterprise needs to take a long-term strategy to cope with the adverse effects of carbon emission rights exchange.
Keywords/Search Tags:Iron and Steel Industry, Carbon Cap, Carbon Emissions Permit Trading, Game Model
PDF Full Text Request
Related items