A clean innovation comparison between carbon tax and cap-and-trade system

Both carbon tax and cap-and-trade systems are widely applied to reduce emission. This article compares the clean innovation effects of carbon tax with cap-and-trade systems by a static optimal model. Firstly, both cap-and-trade system and carbon tax stimulates clean innovation and reduce emission. S...

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Bibliographic Details
Main Authors: You-hua Chen, Chan Wang, Pu-yan Nie, Zi-rui Chen
Format: Article
Language:English
Published: Elsevier 2020-05-01
Series:Energy Strategy Reviews
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2211467X20300365