This project attempts to set up a scientific framework for the study of the economic and managerial impact of pollution emission trading systems. Its primary goal is to innovate decision-making technologies that enable emitters to identify risks and opportunities of versatile emission trading markets around the world, so as to maintain competitive edge and financial health. These technologies will enable emitters to efficiently plan their productions and considerably control cost of reducing extra pollution emission. They can be further utilized to develop financial valuation rules for swap of emission credit and risk management of investment in clean energy and new industrial projects, and contracting strategies and game analysis for firms to seal relevant bilateral or multilateral deals. In addition, the project can transfer consultable knowledge to the regulator in establishing fair rule to distribute emission allowance under a given pollution cap.
Fields of science
Call for proposal
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