How the Deadline of reducing Emission Commitment Influence the Low Carbon Industry Finance
In Copenhagen Climate Conference, all the members of this conference didnt reach consensus on the next ducting emission commitment deadline, however, reduction commitment deadline has important effects on the investment of low carbon industry. Our research is based on Jiang Zhong-yis optimal control theory model, we Introduce two variables, market basic interest rates and investors time preferences rate, we use these two variables as the Intermediary variable, and get the following conclusion: investors have different investment choice when they face different reducing emission commitment deadline. Our research will be helpful for the government to make policy.
The Kyoto protocol Low-carbon Finance Reducing Emission Commitment Deadlinel
Zhongmin Li Jiangbo Yu Shubin Wang
International Business School, Shaanxi Normal University, Xian, 710062, China
国际会议
昆明、丽江
英文
1155-1159
2011-04-15（万方平台首次上网日期，不代表论文的发表时间）