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Equitable Access to Sustainable Development: Based on the comparative study of carbon emission rights allocation schemes

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  • Pan, Xunzhang
  • Teng, Fei
  • Ha, Yuejiao
  • Wang, Gehua

Abstract

An equitable burden-sharing framework is essential for the successful collective efforts to cope with climate change. Various carbon emission rights allocation schemes have been proposed in the international community. This paper focuses on the comparison among different schemes with the Equitable Access to Sustainable Development (EASD) model. The EASD model consists of four modules: a global target module, an allocation module, a carbon equity module and an abatement costs module. EASD integrates 20 key allocation schemes. For a selected scheme, country-specific allowance trajectories are provided in accordance with the global emission pathway. Then the carbon equity after allocation is measured by carbon Gini coefficient defined by per capita cumulative emission from the global rather than the narrower national perspective. A reduction tradeoff relationship is also performed among country groups. With marginal abatement cost curves, regional abatement costs are further analyzed. Our studies show that EASD would be a powerful policy-tool to profoundly compare and assess emission rights allocation schemes.

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  • Pan, Xunzhang & Teng, Fei & Ha, Yuejiao & Wang, Gehua, 2014. "Equitable Access to Sustainable Development: Based on the comparative study of carbon emission rights allocation schemes," Applied Energy, Elsevier, vol. 130(C), pages 632-640.
    • Handle: RePEc:eee:appene:v:130:y:2014:i:c:p:632-640
    DOI: 10.1016/j.apenergy.2014.03.072
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    6. Ji, Jingna & Zhang, Zhiyong & Yang, Lei, 2017. "Comparisons of initial carbon allowance allocation rules in an O2O retail supply chain with the cap-and-trade regulation," International Journal of Production Economics, Elsevier, vol. 187(C), pages 68-84.
    7. Zhang, Yue-Jun & Wang, Ao-Dong & Tan, Weiping, 2015. "The impact of China's carbon allowance allocation rules on the product prices and emission reduction behaviors of ETS-covered enterprises," Energy Policy, Elsevier, vol. 86(C), pages 176-185.
    8. Henckens, M.L.C.M. & Driessen, P.P.J. & Ryngaert, C. & Worrell, E., 2016. "The set-up of an international agreement on the conservation and sustainable use of geologically scarce mineral resources," Resources Policy, Elsevier, vol. 49(C), pages 92-101.
    9. Xunzhang Pan & Fei Teng, 2017. "Assessment of China’s Mitigation Targets in an Effort-Sharing Framework," Sustainability, MDPI, vol. 9(7), pages 1-16, June.
    10. A. F. Hof & M. G. J. Elzen & A. Mendoza Beltran, 2016. "The EU 40 % greenhouse gas emission reduction target by 2030 in perspective," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 16(3), pages 375-392, June.
    11. Wei Chen & Jing Chen & Yongkai Ma, 2022. "Competition vs cooperation: renewable energy investment under cap-and-trade mechanisms," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 8(1), pages 1-28, December.
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    13. Wachsmuth, Jakob & Denishchenkova, Alexandra & Fekete, Hanna & Parra, Paola & Schaeffer, Michiel & Ancygier, Andrzej & Sferra, Fabio, 2019. "Fairness- and cost-effectiveness-based approaches to effort-sharing under the Paris agreement," Working Papers "Sustainability and Innovation" S04/2019, Fraunhofer Institute for Systems and Innovation Research (ISI).
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