How to upgrade an enterprise’s low-carbon technologies under a carbon tax: The trade-off between tax and upgrade fee

• Published in: Applied energy Vol. 227; pp. 564 - 573
• Main Authors: He, Senyu, Yin, Jianhua, Zhang, Bin, Wang, Zhaohua
• Format: Journal Article
• Language: English
• Published: Elsevier Ltd 01.10.2018
• Subjects: algorithms; business enterprises; carbon dioxide; carbon markets; Carbon tax; Genetic algorithm; greenhouse gas emissions; issues and policy; Multi-agent system; production technology; Production technology upgrade; Strategy optimisation; Production technology upgrade; Strategy optimisation; Multi-agent system; Genetic algorithm; Carbon tax

•Proposed a new method to balance carbon tax and technology upgrade cost.•Optimised the enterprise's technology upgrade strategy under carbon tax.•Tax rate is more sensitive to enterprise with a stricter control on expected cost.•Low tax rate hardly promotes enterprise with a loose control to r...