Grandfathering or benchmarking: Which is more viable for the manufacturer’s low-carbon activities?

Under the emissions trading policy, two typical carbon allowance allocation rules of grandfathering and benchmarking are widely adopted in the present carbon markets. Based on the mathematical modeling method, this paper explores which allocation rule is more viable for manufacturers’ low-carbon act...

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Bibliographic Details
Main Authors: Zhanjie Wang, Fei Wang, Yongjian Wang
Format: Article
Language:English
Published: Frontiers Media S.A. 2022-11-01
Series:Frontiers in Environmental Science
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fenvs.2022.991827/full