What Drives the Carbon Price? - An Empirical Analysis of Chinese Emission Trading Scheme

The construction of Shenzhen's carbon emission trading scheme

The Shenzhen ETS is the first urban-level “cap-and-trade” carbon emissions trading scheme to operate in China. This paper gives an overview of the economic and emissions situation in Shenzhen and focuses on the development of the Shenzhen ETS regulatory framework. It is devised as an ETS with an intensitybased cap, output-based allocation and a market for trading of allowances. The design of th...

What Drives Malaysian E-Government Adoption?: An Empirical Analysis

In this paper, the author investigates the factors that affect the adoption of e-government in Malaysia. Variables like perceived usefulness, perceived ease of use, compatibility, trust and demographic profiles of users are included in this research. Data was collected from 418 respondents, and multiple regression analysis is employed to test the research model. The results show that perceived ...

Carbon price analysis using empirical mode decomposition

Mastering the underlying characteristics of carbon price changes can help governments formulate correct policies to keep efficient operation of carbon markets, and investors take effective measures to evade their investment risks. Empirical mode decomposition (EMD), a self-adaption data analysis approach for nonlinear and non-stationary time series, can accurately explain the formation mechanis...

How to deal with risks of carbon sequestration within an international emission trading scheme

We address how carbon capture and sequestration (CCS) should be embedded in an international emissions trading scheme. We describe the intertemporal aspects of Carbon Sequestration Bonds (CSB) that we had formerly suggested as incentives for profit-oriented firms and investors to use only sites with a reasonable low leakage rate. CSB shall also support long-term liability rules for an optimal a...

Carbon Capitalism with Chinese Characteristics: Establishing An Emissions Trading Scheme in China