This paper proposes a tradable carbon credit scheme in the PPP (Public-Private Partnership) mode to incentivize travelers to choose low-carbon transportation. Private companies act as intermediaries, rewarding travelers with carbon credits that can be exchanged for economic benefits. The government aims to achieve social optimality by considering travel time costs, monetary costs, and emissions. The paper develops a multi-objective non-linear programming model based on users’ travel choice equilibrium which can relate the price and allocation of tradable carbon credits to different levels of emission reduction, thus providing reference suggestions for government decision-making. The final numerical results show that the model proposed in this paper can effectively reduce carbon emissions by 57.75% compared to other solutions. Additionally, with government subsidies, the profitability of businesses can be effectively increased by 45.86%, achieving a triple-win situation for enterprises, governments, and travelers. This research is of great significance for promoting low-carbon travel, reducing emissions, and increasing the utilization rate of public transportation.
A Tradable Carbon Credit Incentive Scheme Based on the Public-Private Partnership
Lect. Notes Electrical Eng.
International Conference on SmartRail, Traffic and Transportation Engineering ; 2023 ; Changsha, China July 28, 2023 - July 30, 2023
Developments and Applications in SmartRail, Traffic, and Transportation Engineering ; Chapter : 85 ; 906-911
2024-08-14
6 pages
Article/Chapter (Book)
Electronic Resource
English
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