Abstract

Greenhouse gas emissions lead to climate change, subjecting the maritime environment to severe threats. In response, globally, states and organizations are taking actions to decarbonize. In this context, this paper builds an evolutionary game analysis involving the government and shipping company under a governance framework with IMO, from a perspective of economic regulations, and explores how to establish a proper shipping decarbonization mechanism and implementation plans in the process of dynamic evolution. Based on a system dynamics simulation model, we analyzed how the cap-and-trade policy system, tax-and-subsidy policy system, and cooperative policy system perform in terms of shipping decarbonization and the role of IMO in shipping decarbonization. Our research proves that the cooperative system is more efficient and stable in decarbonization than singular economic regulations; static and dynamic implementation plans should be coordinated in different stages; and finally, IMO plays an active role in multi-agent coordinated controls.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.