Carbon Tax and Trading Price on Power Plant with Carbon Capture and Storage under Incentive Regulation Theory

Table 1

Notations.

Notations	Explanations
	Original carbon capture rate (real carbon capture rate) Effort made
	by the power plant
	Carbon capture rate with effort (monitored by government)
	Power quantity
	Unit output cost
	Investment made by the power plant for effort
	Power price to the power plant
	Power price to the consumer
	Carbon trading price
	Coefficient of cost increase for carbon capture
	Coefficient of shadow cost
	Transferring payment
	Utility of the power plant
	Utility of the consumer
	Social welfare coefficient of power
	Social welfare
	Original carbon quota of the power plant
	Coefficient of carbon emission