Carbon Emission Reduction Decision and Revenue-Sharing Contract with Consumers’ Low-Carbon Preference and CER Cost under Carbon Tax

Table 2

Notation and parameters.

Notation	Interpretation
Decision variables
	Wholesale price
	Retail price
	Carbon emission reduction degree
Parameters
	The carbon emission of unit low-carbon product after the manufacturer’s CER efforts
	The initial carbon emission of unit traditional product
	Market demand
	The base market potential
	Consumers’ low-carbon preference coefficient
	A carbon tax for each unit emission
	CER cost factor
	CER cost
	Unit manufacturing cost
	RS coefficient/share of retailer’s revenue with the manufacturer,
	The whole supply chain profit
	The manufacturer’s profit
	The retailer’s profit
	The supply chain efficiency