Carbon Pricing Mechanism for the Energy Industry: A Bibliometric Study of Optimal Pricing Policies

Abstract

The carbon market can guide the optimal allocation of carbon emission reduction resources through price signals, and it can reduce the cost of emission reduction in the entire society, promote investment in green and low-carbon industries, and then guide the capital flow.Therefore, the carbon pricing mechanism has encouraged the energy transition and effectively mitigating climate change.Additionally, the primary source of carbon emissions is the rapid growth of energy use, such as coal and crude oil.Therefore, carbon pricing plays a vital role in promoting energy transitions, such as the transition from high-carbon energy (coal and oil) to lowcarbon energy (natural gas) and clean energy (nuclear and renewable resources).Our study is devoted to investigating the impact of carbon pricing on the energy industry using bibliometric analysis and visual investigation.We analyze existing research trends on the impact of carbon pricing on the energy industry from different angles and review the effect of carbon pricing on various energy industries.We search for optimal carbon pricing models and pricing policies that impact the energy industry.Our study contributes to the literature by discussing the challenges and future study recommendations.

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