The Study of Integrating Industrial’s Early Action Performance into Allowance Allocation Rule

• Main Authors: Hsu,Yun-Jung, 許紜蓉
• Other Authors: Lee,Chien-Ming
• Format: Others
• Language: zh-TW
• Published: 2009
• Online Access: http://ndltd.ncl.edu.tw/handle/32105478473348290017

碩士 === 國立臺北大學 === 自然資源與環境管理研究所 === 97 === ABSTRACT Allowance allocation is one of the most important and sensitive issues in emission trading scheme. In order to increase efficiency and equity of allowance allocation method, this research modifies updating allocation rule which were created by Böhringer and Lange (2005), and Rosendah (2007). This study sets up an endogenous updating allocation rule, which has an advantage that can encourage a firm’s early action activities. Furthermore, this study use the above allocation method to estimate how many allowances will be allocated to energy intensive industries. The main results are obtained as follows: (1)The endogenous allocation rule indeed can increase incentive of early action, and a higher elasticity of abatement incentive can encourage more abatement activities.(2)The endogenous allocation rule is the necessary condition to achieve cost effectiveness. (3)If the elasticity of abatement incentive is high enough, this can stimulate the implementation of early abatement action fast. (4)There are four allocation scenarios to this research. Scenario 1 has the most allowances, therefore, having the lowest impact to industries. Key word：grandfathering rule、updating rule、early action、voluntary reduction plan