Paper
16 February 2023 Personal mobility carbon credits trading schemes considering dynamic price evolution
Qing Wan, Yugang Liu, Linqiang Fan, Shuai Zheng
Author Affiliations +
Proceedings Volume 12591, Sixth International Conference on Traffic Engineering and Transportation System (ICTETS 2022); 1259103 (2023) https://doi.org/10.1117/12.2668563
Event: 6th International Conference on Traffic Engineering and Transportation System (ICTETS 2022), 2022, Guangzhou, China
Abstract
Considering the subway, private cars, and cycling, the Personal Mobility Carbon Credits Trading scheme is explored in a super network with homogeneous travelers to discuss the impact on travel mode split rate and system carbon emissions. The Personal Mobility Carbon Credits Trading scheme includes the travel route choice behavior and the dynamic credits price evolution, which affect each other. The former is modeled in a super network. The Dial-MSA algorithm is used for flow distribution, and the results are fed back to the dynamic credits price evolution model. Accordingly, the result of dynamic credits price evolution, in turn, affects travel cost and finally governs the result of traffic flow allocation. The results show that the system will reach a stable state in a finite time range. The convergent equilibrium price has nothing to do with the initial price but is related to the number of total credits and the credits allocation scheme. Compared with the equivalent distribution scheme, proportional distribution is more equitable.
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Qing Wan, Yugang Liu, Linqiang Fan, and Shuai Zheng "Personal mobility carbon credits trading schemes considering dynamic price evolution", Proc. SPIE 12591, Sixth International Conference on Traffic Engineering and Transportation System (ICTETS 2022), 1259103 (16 February 2023); https://doi.org/10.1117/12.2668563
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KEYWORDS
Carbon

Transportation

Matrices

Roads

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