Agent-based simulation of CO2 emissions trading and large-scale traffic flow

The first commitment period of the Kyoto Protocols has started this year to prevent the global warming. There are many efforts and discussions on effective greenhouse gas (GHG) reduction. The emissions trading is one of important issues. Several experimental markets are starting by governments and private sectors. However, there are some opinions against the trading itself. Also, the estimation of trading amount and market price is difficult with such a huge and emerging market. In this paper, we introduce the international emissions trading with the agent-based approach and a scalable simulation framework applied to large-scale traffic flow.