Saen, Reza Farzipoor, Moghaddas, Zohreh and Azadi, Majid (2024). An advanced data analytic approach for reallocating green gas emissions in cap-and-trade context. Annals of Operations Research ,
Abstract
The swift economic growth experienced by nations has exacerbated the challenge of global warming over the years. Cap-and-trade stands out as the most effective approach for managing and reducing greenhouse gas emissions. This study aims to construct a data envelopment analysis model to redistribute authorized emissions among decision-making units (DMUs). Notably, the model accounts for the intricate relationship between the production of desirable and undesirable outputs within the cap-and-trade framework. Furthermore, the model adapts the current mathematical modelling by addressing undesirable output as an inherent by-product of the desirable output. Emphasis is placed on maximizing the collective efficiency scores of all DMUs. Additionally, to confront the presence of multiple potential optimal solutions in the cap-and-trade context, the model computes the efficiency interval of DMUs. Finally, the paper showcases the model's capabilities by presenting a comprehensive case study, demonstrating its practical application and effectiveness in addressing emissions reallocation within the cap-and-trade system.
Publication DOI: | https://doi.org/10.1007/s10479-024-05877-x |
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Divisions: | College of Business and Social Sciences > Aston Business School Aston University (General) |
Additional Information: | Copyright © 2024, The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature. This version of the article has been accepted for publication, after peer review and is subject to Springer Nature’s AM terms of use [https://www.springernature.com/gp/open-research/policies/accepted-manuscript-terms], but is not the Version of Record and does not reflect post-acceptance improvements, or any corrections. The Version of Record is available online at: https://doi.org/10.1007/s10479-024-05877-x |
Uncontrolled Keywords: | Cap-and-trade,Data envelopment analysis (DEA),Efficiency,Reallocation,Undesirable outputs |
Publication ISSN: | 1572-9338 |
Last Modified: | 02 Dec 2024 09:04 |
Date Deposited: | 08 Feb 2024 11:41 |
Full Text Link: | |
Related URLs: |
https://link.sp ... 479-024-05877-x
(Publisher URL) http://www.scop ... tnerID=8YFLogxK (Scopus URL) |
PURE Output Type: | Article |
Published Date: | 2024-02-28 |
Published Online Date: | 2024-02-28 |
Accepted Date: | 2024-01-30 |
Authors: |
Saen, Reza Farzipoor
Moghaddas, Zohreh Azadi, Majid ( 0000-0002-6865-7637) |