Proceedings of the Annual Conference of the Institute of Systems, Control and Information Engineers
The 47th Annual Conference of the Institute of Systems, Control and Information Engineers
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The evaluation for the influence of American policy on the CO2 emissions trading
Yoshihisa INOUE, Kouichi TAJI, Hiroyuki TAMURA
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Keywords: global warming countermeasures, carbon tax, emissions trading, profit maximization, monopolistic market
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Pages 1008

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Abstract
The American policy for the Kyoto Protocol has a large influence on the price of international CO2 emissions trading. Since Russia is shown to be unique supplier of CO2 emissions trading, its price is determined as a monopolistic price. In this paper, we consider the carbon tax and the emissions trading as the counter policy against the global warming problem, and evaluate the monopolistic price for the cases that the United States join or not, using the mathematical model.
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© 2003 The Institute of Systems, Control and Information Engineers
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