GX & Decarbonization Research

Juan-Francisco Albert, Nerea Gómez-Fernández, David Boto-García

This study assesses the impact of the EU ETS on air travel demand and supply in Europe. Using VAR with external instruments, it finds that carbon pricing shocks significantly reduce domestic and intra-EU flights, but not extra-EU flights. A…

Z. Awda, B. Al Hammadi

This paper evaluates the UAE's National Carbon Credit Registry (NRCC), established in 2024, as a catalyst for renewable energy deployment. Using a techno-economic model of a 100 MW solar PV project, it shows that carbon revenues of $100-200…

Ning Yan, Shenhai Huang, Yan Chen +4

This paper treats the carbon market as an exogenous shock and develops a multi-agent equilibrium model incorporating carbon pricing to analyze how carbon prices reshape renewable energy investment layouts. Using panel data from Zhejiang Pro…

Anne Gerstenberg, Kai-Uwe Schnapp

This paper analyzes EU and German policymakers' belief systems regarding the EU Emissions Trading System (EU-ETS). It finds that climate policy is politicized through instruments despite goal unanimity, identifying five 'worlds of thought' …

Niklaß, Malte, Zengerling, Zarah Lea, Mendiguchía Meuser, Maximilian +6

This paper analyzes the impact of pricing non-CO2 emissions (e.g., NOx, water vapor) on airline routing and ticket fares. It examines strategic responses under climate policy uncertainty and offers insights for policy design.

Giorgos Kotsompolis, Panagiotis Cheilas, Konstantinos N. Konstantakis +3

This study compares ARIMA, XGBoost, LSTM, and a hybrid model for carbon price forecasting using daily data from December 2010 to January 2025. Results show that XGBoost and LSTM outperform ARIMA, and the hybrid model achieves the highest ac…

Hong Ngoc Tran, Mai Thuy Tien Pham

This study examines how the EU's Carbon Border Adjustment Mechanism (CBAM) affects Vietnamese steel exporters. It finds that dynamic capabilities, especially technological and green innovation, are crucial for maintaining competitive advant…

Yuguo Ji, Xinsheng Pang, Yu Yang

This study develops a carbon-market-consistent framework to show how digitalization reduces carbon abatement costs. Using panel data from 30 Chinese provinces (2011-2022), it finds an inverted-U effect of digital economy on abatement costs,…

Mel George, Leon Clarke, Jihoon Min +4

This study examines how decarbonization pathway design affects household energy burdens, particularly cooking fuel costs. It highlights the risk of carbon pricing disproportionately burdening low-income households and emphasizes the need fo…

Leo Wilhelm Lierse, Mahyar Tourchi Moghaddam, Sebastian Werner

This paper proposes using emissions budgets instead of fixed emission rates for software applications. By allowing unused allowances to be banked during low-carbon periods and spent during high-carbon periods, the approach improves task ful…

Xuwei Zhu, Jihong Zhang

This paper reconstructs the concept of additionality in renewable electricity carbon credits. It critiques traditional additionality tests and proposes a new framework to improve the credibility of carbon offset markets. The findings are cr…

Zhang Ying, Zhou Xiaoyu, Zhou Xiaoyu

Under China's 'dual carbon' goals, this paper examines how carbon emission trading network shocks along supply chains affect corporate total factor productivity (TFP). Both upstream and downstream shocks significantly enhance TFP, with mech…

Jing ye Lyu, ren di song, Xiu Feng Fan

This study develops a framework for measuring and classifying urban marginal abatement costs (MAC), and provides multi-scenario forecasts to inform cost-effective emission reduction policies. It contributes to climate mitigation planning.

Fuyang Zhao

This study develops a multi-objective optimization model for multimodal transport routes considering carbon emissions and costs, using a hybrid genetic-tabu search algorithm. A case study in the Yangtze River Basin compares carbon trading a…

Ao Qiao, Siyu Zeng, Jianing Wang

This study uses a Stackelberg game model to analyze coordination between a manufacturer and retailer under combined carbon policies including cap-and-trade and low-carbon subsidies. It models production details with queuing theory to captur…

Jiali Tian, Zhipeng Wu, Jinwei WANG +3

This study analyzes the impact of China's carbon emissions trading scheme on risk-taking behavior of high-carbon enterprises using a difference-in-differences approach with panel data from 2008-2024. The policy significantly reduces risk-ta…

Bezaye Tessema, Caroline A. Masiello, Kenneth B. Medlock +1

This paper analyzes institutional frameworks for carbon market development in Africa, using Ethiopia as a model. In Ethiopia's government-owned land system, leveraging government engagement in protected areas for carbon credit contracts is …

Hongchun Wang, Haiyue Yin, Caifeng Lin

This study analyzes trade-in channel selection in a closed-loop supply chain under a hybrid carbon policy combining cap-and-trade and carbon tax. Using game-theoretic models for three manufacturer-led channels (M-CX, R-CX, T-CX), it finds t…

Jiachao Peng, Yuxin Zeng, Shuke Fu +1

This paper examines how carbon policy shocks from China's national ETS affect stock returns. Using daily data for over 1,600 listed firms from July 2021 to December 2025, it finds that carbon price changes on policy release days have a sign…

Brandon McNamara, D. N. Huntzinger, Richard Rushforth +1

This paper examines the potential for municipalities to use the voluntary carbon market (VCM) for climate finance. It debates the practice of double claiming mitigation outcomes when carbon credit project developers and claimants are differ…