The transport sector is the major green-house gas emitter and most rapidly growing sector in terms of consuming energy in China. Understanding the driving forces behind carbon emission is a prerequisite for reducing carbon emissions and finding a balance between economic growth and carbon emissions. The purpose of this paper is to identify the impact of the factors which influence the level of ...

Recent political developments have brought to the political fore the issue of controlling emissions of greenhouse gases. In the United States, numerous proposals have surfaced promoting policies to limit domestic emissions of gases like carbon dioxide (CO2), a primary contributor to climate change. Many of these proposals embrace “market-based” approaches, including the creation of a new tax or...

This study examines the valuation relevance of greenhouse gas emissions under the European Union Carbon Emission Trading Scheme (EU ETS). We posit that carbon emissions affect firm valuation only to the extent that a firm’s emissions exceed its carbon allowances under a cap and trade system and the extent of its inability to pass on carbon related compliance costs to consumers and end users. We...

The Arctic temperature response to emissions of aerosols—specifically black carbon (BC), organic carbon (OC), and sulfate—depends on both the sector and the region where these emissions originate. Thus, the net Arctic temperature response to global aerosol emissions reductions will depend strongly on the blend of emissions sources being targeted. We use recently published equilibrium Arctic tem...

Carbon dioxide emissions abatement in a group of countries can result in increased emissions in non-abating countries. This effect has been referred to as carbon leakage. The Kyoto Protocol calls for a number of industrialized countries to limit their emissions while other countries have no abatement commitments. This paper assesses the sectoral and regional determinants of the leakage in a sta...

Integration of biomass energy technologies with carbon capture and sequestration could yield useful energy products and negative net atmospheric carbon emissions. We survey the methods of integrating biomass technologies with carbon dioxide capture, and model an IGCC electric power system in detail. Our engineering process model, based on analysis and operational results of the Battelle/Future ...

Anthropogenic emissions have a significant effect on Earth’s atmosphere and contribute to changes in the global climate. These emissions and their impacts need to be tracked in order to understand their potential consequences and to be able to determine how these impacts can be eliminated or reduced by changes in methods, behaviors, and tools. A carbon footprint is the amount of carbon dioxide ...

Accurate estimates of global carbon emissions are critical for understanding global warming. This paper estimates net carbon emissions from land use change in Bolivia during the periods 1990-2000 and 2000-2010 using a model that takes into account deforestation, forest degradation, forest regrowth, gradual carbon decomposition and accumulation, as well as heterogeneity in both above ground and ...