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Sustaining the emerging carbon trading industry development: A business ecosystem approach of carbon traders

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  • Hu, Guangyu
  • Rong, Ke
  • Shi, Yongjiang
  • Yu, Jing

Abstract

This paper explores how carbon traders nurture the business ecosystem to sustain the emerging carbon trading industry development. We collected primary data from a multinational carbon trader and its ecosystem partners in China, through the construction of interviews and documentary. The research findings show the carbon trading industry has experienced four-stage evolution with different driving forces; the carbon trader attracted and organized ecosystem partners to facilitate the CDM project owners to create carbon credits and trade them; a systematic business ecosystems approach through the lens of Context, Cooperation and Configuration, initiated by carbon traders, has facilitated the industry development. Our findings also implicate to industrial practitioners and policymakers for sustaining the emerging industry development at both the current- and the post-Kyoto protocol periods.

Suggested Citation

  • Hu, Guangyu & Rong, Ke & Shi, Yongjiang & Yu, Jing, 2014. "Sustaining the emerging carbon trading industry development: A business ecosystem approach of carbon traders," Energy Policy, Elsevier, vol. 73(C), pages 587-597.
    • Handle: RePEc:eee:enepol:v:73:y:2014:i:c:p:587-597
    DOI: 10.1016/j.enpol.2014.05.024
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    2. Gomes, Leonardo Augusto de Vasconcelos & Facin, Ana Lucia Figueiredo & Salerno, Mario Sergio & Ikenami, Rodrigo Kazuo, 2018. "Unpacking the innovation ecosystem construct: Evolution, gaps and trends," Technological Forecasting and Social Change, Elsevier, vol. 136(C), pages 30-48.
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    4. Jiang, Jingjing & Xie, Dejun & Ye, Bin & Shen, Bo & Chen, Zhanming, 2016. "Research on China’s cap-and-trade carbon emission trading scheme: Overview and outlook," Applied Energy, Elsevier, vol. 178(C), pages 902-917.
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    6. Rong, Ke & Shi, Yongjiang & Shang, Tianjiao & Chen, Yantai & Hao, Han, 2017. "Organizing business ecosystems in emerging electric vehicle industry: Structure, mechanism, and integrated configuration," Energy Policy, Elsevier, vol. 107(C), pages 234-247.
    7. Rong, Ke & Ren, Qun & Shi, Xianwei, 2018. "The determinants of network effects: Evidence from online games business ecosystems," Technological Forecasting and Social Change, Elsevier, vol. 134(C), pages 45-60.
    8. Rémi Beulque & Franck Aggeri, 2015. "Circular economy at the glance of business models - learnings from automotive end-of-life - XXIVth International Conference on Strategic Management [L’économie circulaire au prisme des business mod," Post-Print hal-01168201, HAL.
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