| Title | Sustainable supply chain planning with the flexible provisions of inter-period emission credits borrowing and banking under a multi-period carbon trading scheme |
|---|---|
| ID_Doc | 67053 |
| Authors | Wang, MK; Ye, BB; Lin, S; Wang, CF; Zhang, PW |
| Title | Sustainable supply chain planning with the flexible provisions of inter-period emission credits borrowing and banking under a multi-period carbon trading scheme |
| Year | 2024 |
| Published | |
| Abstract | Although the carbon emission trading regulation proves its advantage of reducing abatement costs, the timing of operating activities makes overage or shortage of allocated emission allowances quickly happen in singleyear compliance, thus increasing abatement costs. The provision of inter -period emission credits banking and borrowing in a multi -period compliance phase can give emitters flexibility in emission compliance, which practices world -widely. In this study, we investigate the impact of carbon trading with inter -temporal emission credits borrowing and banking on a production-inventory-distribution system's supply chain network decision -making and its compliance strategies by proposing a novel two -stage stochastic programming. A scenario -based robust optimization approach is presented with a post -optimization stage to obtain robustnessprofit -environment balanced decision -making considering uncertain demand and stochastic carbon -trading price. The results suggests emitters should adopt specific greener techniques to reduce related emissions with priority under carbon -trading policies. The results also show the provision of carbon credits borrowing and banking has a positive influence on enhancing the efficiency in supply chain economic and ecological performance. Besides, given the flexible provisions, the manager can reallocate emission credits according to its business's operation, and transfer more emission credits to periods of higher carbon -trading price. This findings also suggest banking in early periods instead of carelessly borrowing from future, for uncertainty in future business might make it harder or impossible to comply with emission regulation at last. To regulators, it should prevent borrowing explicitly or allow it only to a limited extent. |
Similar Articles
| ID | Score | Article |
|---|---|---|
77788
|
Bhavani, GD; Mahapatra, GS; Kumar, A A sustainable two-echelon green supply chain coordination model under fuzziness incorporating carbon pricing policies(2023)Environmental Science And Pollution Research, 30, 38 | |
| 75058
|
Handa, N; Singh, SR; Katariya, C Sustainability in a Reverse Logistics Inventory Model with Carbon Emission, Reliability and Credit Financing Policy(2024)Process Integration And Optimization For Sustainability, 8, 4 | |
| 75243
|
Choi, S; Park, K; Shim, SO The Optimal Emission Decisions of Sustainable Production with Innovative Baseline Credit Regulations(2019)Sustainability, 11, 6 | |
| 66555
|
Mahato, C; Mahata, GC Sustainable partial backordering inventory model under linked-to-order credit policy and all-units discount with capacity constraint and carbon emissions(2023)Flexible Services And Manufacturing Journal, 35, 3 | |
| 71657
|
Mahato, F; Mahato, C; Mahata, GC Sustainable inventory models with controllable deterioration under two-level trade credit policy and various carbon emissions regulations(2024)Modeling Earth Systems And Environment, 10.0, 3 | |
| 22105
|
Golpîra, H; Javanmardan, A Robust optimization of sustainable closed-loop supply chain considering carbon emission schemes(2022) | |
| 67251
|
Wang, MK; Wu, J; Kafa, N; Klibi, W Carbon emission-compliance green location-inventory problem with demand and carbon price uncertainties(2020) | |
| 74265
|
Mahato, C; Mahata, GC Sustainable Ordering Policies with Capacity Constraint Under Order-Size-Dependent Trade Credit, All-Units Discount, Carbon Emission, and Partial Backordering(2021)Process Integration And Optimization For Sustainability, 5, 4 | |
| 27173
|
Sebatjane, M Three-echelon circular economic production-inventory model for deteriorating items with imperfect quality and carbon emissions considerations under various emissions policies(2024) | |
| 29624
|
Soleimani, H; Mohammadi, M; Fadaki, M; Al-e-hashem, SMJM Carbon-efficient closed-loop supply chain network: an integrated modeling approach under uncertainty(2021) |