Related papers: Interactions Between Multiple Environmental Market…
Climate physical risks pose an increasing threat to urban infrastructure, necessitating urgent climate adaptation measures to protect lives and assets. Implementing such measures, including the development of resilient infrastructure and…
Intermittent renewable energies are increasingly dominating electricity grids and are forecasted to be the main force driving out fossil fuels from the grid in most major economies until 2040. However, grids based on intermittent renewables…
We investigate the economic and environmental impacts of the European Carbon Border Adjustment Mechanism (CBAM) using a multi-country, multi-sector general equilibrium model with input-output linkages. We quantify the general equilibrium…
The imbalance of buying and selling functions profoundly in the formation of market trends, however, a fine-granularity investigation of the imbalance is still missing. This paper investigates a unique transaction dataset that enables us to…
The analysis of environmental mixtures is of growing importance in environmental epidemiology, and one of the key goals in such analyses is to identify exposures and their interactions that are associated with adverse health outcomes.…
Decarbonizing electric grids is a crucial global endeavor in the pursuit of carbon neutrality. Taking carbon emissions from generation into account when pricing electricity usage is an essential way to achieve this goal. However, such…
The sheer scale and diversity of transportation make it a formidable sector to decarbonize. Here, we consider an emerging opportunity to reduce carbon emissions: the growing adoption of semi-autonomous vehicles, which can be programmed to…
Faced with increasingly severe environmental problems, carbon trading markets and related financial activities aiming at limiting carbon dioxide emissions are booming. Considering the complexity and urgency of carbon market, it is necessary…
Climate change and global warming are the significant challenges of the new century. A viable solution to mitigate greenhouse gas emissions is via a globally incentivized market mechanism proposed in the Kyoto protocol. In this view, the…
The dual-carbon goals of China necessitate precise accounting of company carbon emissions, vital for green development across all industries. Not only the company itself but also financial investors require accurate and comprehensive…
Uncertainties in renewable generation and demand dynamics challenge day-ahead scheduling. To enhance renewable penetration and maintain intra-day balance, we develop a multi-agent reinforcement learning framework for self-interested…
In recent years extensive research has been conducted on the development of different models that enable energy trading between prosumers and consumers due to expected high integration of distributed energy resources. Some of the most…
Executive accountability is increasingly viewed as a critical mechanism for improving corporate environmental performance, especially in state-owned enterprises (SOEs) that dominate high-emission sectors such as energy, infrastructure, and…
Climate change and environmental concerns represent a global crisis accompanied by significant economic challenges. Regular international conferences held to address these issues, such as in the UK (2021) and Egypt (2022), spark debate…
China's pledge to reach carbon neutrality before 2060 is an ambitious goal and could provide the world with much-needed leadership on how to limit warming to +1.5C warming above pre-industrial levels by the end of the century. But the…
China's rapid economic growth resulted in serious air pollution, which caused substantial losses to economic development and residents' health. In particular, the road transport sector has been blamed to be one of the major emitters. During…
An increasing share of consumers care about the carbon footprint of their electricity. This paper analyzes a method to integrate consumer carbon preferences in the electricity market-clearing by introducing consumer-based carbon costs and a…
Air pollution has emerged as a serious challenge for China, posing a threat to public health and hindering the progress of sustainable economic development. In response to air pollution and other environmental issues, the Chinese government…
The challenges of the uncertainties in renewable energy generation and the instability of the real-time market limit the effective utilization of clean energy in microgrid communities. Existing peer-to-peer (P2P) and microgrid coordination…
Decarbonizing China's energy system requires both greening the power supply and electrifying end-use sectors. However, concerns exist that electrification may increase emissions while coal power dominates. Using a global climate model, we…