GX & Decarbonization Research

Giang Thi Minh Nguyen

This repository provides replication materials for a study on the extensive and intensive margins of global carbon-credit issuance across 223 countries and territories (1996–2024). Using discrete-time hazard, Cox proportional-hazards, and f…

Akhılesh Kumar

This paper comparatively analyzes climate governance frameworks in India and Scotland, focusing on carbon trading and energy finance regulation. It shows how constitutional structure, development level, and regulatory maturity shape market-…

Jiaqi Zhang, Xinyu Zhao, Xin Tong +3

This paper develops a carbon-aware optimal dispatch model for park-level integrated energy systems that jointly incorporates renewable energy certificate (REC) markets and emission trading schemes (ETS). It analyzes how coupling carbon and …

Xinlai Liu, Tolkien Bagchi, Oliver H. Gao +1

This paper proposes a double auction mechanism for token-based carbon credit trading on blockchain to address inefficiencies, credibility issues, and double counting in voluntary carbon markets. Smart contracts match buyer bids with seller …

Daojun Bi, Xinyu Zhang, Zeyu Li +1

Using China's carbon emission trading policy as a quasi-natural experiment and a multi-period DID on A-share listed firms (2010-2024), this study finds the policy significantly promotes within-industry green innovation spillovers. Mechanism…

Bonaraja Purba, Ahmad Muflih Sitanggang, Ahmad Rifai +1

This study analyzes the development and mechanisms of Indonesia's carbon emissions trading (IDXCarbon) in 2025. It operates via cap-and-trade in power generation and SPE-GRK offset credits, offering economic incentives, mitigation finance, …

Kejia Yan

This study examines whether building-sector CO₂ emissions respond to the adoption of emissions trading systems (ETSs) and carbon taxes across 190 economies from 1990 to 2024. Using staggered difference-in-differences, dynamic ATTGTs, and jo…

Zhafira Khairana, Yuki Mahardhito Adhitya Wardhana, Kosuke Mizuno

This study compares carbon tax revenue allocation across 31 countries and assesses its potential in Indonesia. Most cases earmark at least part of revenues for climate purposes, but mechanisms vary widely. Indonesia has a legal basis yet im…

Heena -, Vineeta Ahuja

Using survey data from 100 CDM project managers and technical staff in Lucknow, India, this study applies exploratory factor analysis to identify seven determinants of CDM implementation success in the energy sector. It shows that organizat…

Tyrone T. Lin, Thi Diem Ngoc Hoang, Yang-Chieh Chin +1

This study models how EU CBAM and volatile power markets create linked operating and investment risks for energy-intensive multinationals. It builds a six-dimensional stochastic dynamic programming model with dual real options for plant ent…

Andrade C, Souza A, Fernandes E +4

This paper analyzes risks and opportunities for Brazil under the EU's CBAM. Brazilian exporters lacking product- and plant-level MRV face higher compliance costs from reliance on CBAM default values, with regulatory gaps on indirect and bio…

Hernandez Carballo, Ireri, PERCOCO, MARCO, Mallarino, Gian Maria

Using synthetic difference-in-differences on ~1,000 EU NUTS-3 regions (2008-2020), this study examines the EU ETS Phase 3 reform's regional economic effects. Regions with larger increases in purchased allowances saw employment, GVA, and pro…

T. Teske, Annika Fitz, Shaghayegh Kazemi Esfeh +5

This paper quantifies how IMO MEPC83 fuel GHG-intensity rules and EU ETS/FuelEU measures affect maritime defossilisation. Using a cost-oriented model (ReFleet), it compares pathways and derives emission prices that let renewable fuels compe…

Mei Wang, Ya-Nan Ren, Jing Zhang +1

This study examines how an emissions trading system affects household living costs, comparing urban and rural households. It highlights the distributional consequences of carbon pricing across regions and underscores the need for equity-foc…

T. Wołowiec, O. Pavlova, O. Liashenko +6

Using a 2005–2024 panel of EU-27 states and pre-ETS fossil exposure, the authors identify carbon pricing effects on generation mix. A €1 allowance price rise cuts coal share by 0.138 pp per unit of pre-ETS coal exposure, with no effect on r…

Sharma Rubal, Rajeev Kumar Gupta, T. Princy +2

Carbon credits are market-based mechanisms that put a monetary value on carbon sequestration and emission reductions, spurring investment in renewables, forestry and soil carbon. Yet additionality, permanence, leakage and MRV inconsistencie…

Ick Jin

This replication package supports a three-layer risk-sharing architecture for voluntary carbon markets (insurance, reference prices, digital emergency rebasing). E1 analyzes Berkeley VROD registry data via PCA and permutation tests; E2 exam…

Rui Guo

This paper analyzes the logical chain linking carbon trading mechanisms, resource allocation efficiency, and corporate green technology innovation. It finds that price signals and quota constraints raise firms' willingness to innovate, but …

Nan Chen, Binbin Chen, Lihui Gao +5

This study models economic dispatch of an integrated energy system that incorporates a carbon trading mechanism and flexible loads (demand response). It jointly optimizes carbon price signals and load adjustment to balance operating cost an…

Qimin Cao, 易伟鹏, Tao Guo +4

This study evaluates an operational pilot combining carbon labeling and carbon trading for conserving the Shanlan upland rice system in Hainan, China. It documents a verified sequestration rate of 2.1 t CO2/ha/yr and a first provincial carb…