Carbon Credit Trading and India's Green Transition
カーボンクレジット取引とインドのグリーン移行 (AI 翻訳)
Saurav Kumar, Taniya Ghosh, Shesadri Banerjee
🤖 gxceed AI 要約
日本語
本研究は、インドの新たな排出原単位ベースのカーボンクレジット取引制度（CCTS）の効果を、環境動学的確率的一般均衡モデルで分析。火力発電とグリーン電力の区別により、CCTSが長期でグリーン電力採用を促進し排出削減に寄与することを示す。短期的な化石燃料廃止は困難だが、野心的な原単位目標と低コストのグリーン電力が移行を加速し、炭素税よりも効果的にエネルギー移行と成長目標を両立する。
English
This study uses an Environmental Dynamic Stochastic General Equilibrium model to analyze India's intensity-based Carbon Credit Trading Scheme (CCTS). It distinguishes thermal power and green electricity, finding that the CCTS promotes green electricity adoption and emission reductions in the long term. While fossil fuel phase-out is short-term challenging, ambitious intensity targets combined with cheaper green electricity can accelerate the transition, and the CCTS outperforms a carbon tax in balancing energy transition and growth.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
日本のカーボンプライシング（GXリーグ、排出量取引）設計に示唆を与える。原単位ベースのクレジット取引と炭素税の比較は、J-クレジット制度や今後の排出量取引の効果検討に有用。
In the global GX context
This paper provides valuable evidence on the design of intensity-based carbon credit trading versus carbon taxation, relevant to global debates on carbon market mechanisms under Paris Agreement Article 6 and national policies such as the EU ETS and China's national ETS.
👥 読者別の含意
🔬研究者:Provides a DSGE model comparison of intensity-based credit trading vs carbon tax, useful for carbon market design research.
🏢実務担当者:Indian firms can understand the long-term incentives for green electricity adoption under the CCTS.
🏛政策担当者:Offers insights for designing effective carbon pricing mechanisms, especially for developing countries with growth objectives.
📄 Abstract（原文）
This study examines the macroeconomic dynamics under the recently announced intensitybased Carbon Credit Trading Scheme (CCTS) in India using an Environmental Dynamic Stochastic General Equilibrium framework. The policy freely allocates carbon certificates in the primary carbon market and aims to incentivize their trading by monetizing emission intensity reductions in the secondary carbon market. Distinguishing between thermal power and green electricity, we find that the incentive mechanism of this policy promotes the adoption of green electricity and reduces emissions in the long term. While phasing out the use of fossil fuels remains a challenge in the short term, an ambitious intensity target, coupled with cheaper green electricity, can accelerate the energy transition. In addition, it stabilizes the economy against volatility in fossil fuel prices. Our results highlight that the rate-based CCTS outperforms the price-based carbon tax policy in promoting the energy transition while sustaining the growth objectives.
🔗 Provenance — このレコードを発見したソース
- SSRN https://papers.ssrn.com/sol3/papers.cfm?abstract_id=6157366first seen 2026-07-29 04:34:21
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