The study of optimal production with emission permits and trading considering the Government subsidies

Author

Bocheng Chen ; Yingjie Li

Author_Institution

Grad. Sch. at Shenzhen, Tsinghua Univ., Shenzhen, China

fYear

2013

fDate

17-19 July 2013

Firstpage

119

Lastpage

123

Abstract

The paper focuses on, in academic, to the problem of emission permits and trading on the optimal production policy supported by Government subsidies. The influence and the differences between Government quotas and subsidies ways are analyzed, The firm production models considering government subsidies way and emission permits and trading are constructed, the minimum purification level theorem is proved. Then the optimal purification level is calculated, the relationship between the optimal production and optimal revenue is explored, the simulation result are conformed with the analysis given, and the firm optimal production management in such supporting way is discussed.

Keywords

commerce; production management; emission permits; firm production models; government subsidies; minimum purification level theorem; optimal production management; optimal production policy; optimal purification level; optimal revenue; trading; Analytical models; Biological system modeling; Carbon dioxide; Government; Optimization; Production; Purification; carbon emission; emission permits and trading; government subsidies; production policy;

fLanguage

English

Publisher

ieee

Conference_Titel

Service Systems and Service Management (ICSSSM), 2013 10th International Conference on

Conference_Location

Hong Kong

Print_ISBN

978-1-4673-4434-0

Type

conf

DOI

10.1109/ICSSSM.2013.6602551

Filename

6602551