Calculation of B-S Model on Carbon Emission Right Transaction Price and Clean Development Mechanism Strategy of Jiangsu

Xiao Yue Lv; Ying Hui Jian; Chang Xin Xu

doi:10.4028/www.scientific.net/AMR.962-965.1616

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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 962-965Calculation of B-S Model on Carbon Emission Right...

Calculation of B-S Model on Carbon Emission Right Transaction Price and Clean Development Mechanism Strategy of Jiangsu

Abstract:

It is a tendency to develop low-carbon economy and lifting the ability of carbon trade and clean development. Through potential analysis of CDM project progress, economy foundation and resource endowment to developing the carbon trade market of Jiangsu companies, we can find that this district possesses huge space for energy conservation and emissions reduction. Meanwhile, we have introduced real option theory to the carbon trading mechanism of empirical research. By using the B-S pricing model and European carbon option trade market data, constructed a carbon option pricing model, then based on the similarity economy comparison between European Union and Jiangsu province, obtain the discounted carbon trading market price of Jiangsu area. At last, around technology, management and policies levels to putting forward some relevant suggestions and measures on CDM mechanism provided beneficial basis and references to Jiangsu companies in stepwise development of carbon trading market under CDM mechanism.

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Periodical:

Advanced Materials Research (Volumes 962-965)

Pages:

1616-1620

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.962-965.1616

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Online since:

June 2014

Authors:

Xiao Yue Lv*, Ying Hui Jian, Chang Xin Xu

Keywords:

B-S Model, Carbon Option Pricing, Clean Development Mechanism Project, Jiangsu Companies

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