The world’s largest carbon market is nearing operational launch following therelease of a legal basis for the market in February and a decade-long pilot across seven provinces and cities. With China’s national Emissions Trading Scheme (ETS) sti...
green innovationThe emissions trading scheme (ETS) is a key policy tool for reducing carbon emissions and combating climate change but may cause unintended social‐economic consequences. Clarifying the role of city heterogeneity can contribute to improving ETS policy and informing green development road...
China’s national Emission Trading Scheme (ETS) became fully operational in July 2021, companies under the program were required to deposit and surrender emission allowance. The program initially regulated carbon emissions from power sector, but the vision for China’s ETS has always been a much b...
To ensure the realization of carbon neutrality and emission peak, the Chinese government promulgated the pilot policy for an emissions trading scheme (ETS) in 2011 and gradually expanded the range of the pilot program. However, it has not been systematically studied whether this policy can achieve ...
China begins carbon trading in earnest Photo from CFP By ZHUANG Jian, XI Jinghua, XU Ning China’s emissions trading scheme will start this month, the State Council announced on July 7. More than 2,000 coal and gas power plants are involved in the initial stage. China plans to reach its...
China’s national emissions trading scheme marks the first national effort to price carbon as the world’s largest polluter. The initial design of the scheme shows limited ambition, but it provides a foundation that could be transformational. ...
Gao Y, Li M, Xue J, Liu Y (2020) Evaluation of effectiveness of China’s carbon emissions trading scheme in carbon mitigation. Energy Economics 90:104872. https://doi.org/10.1016/j.eneco.2020.104872 Article Google Scholar Gu Y, Ho KC, Yan C, Gozgor G (2021) Public environmental conc...
As a typical market-based environmental regulation policy, the carbon emission trading scheme (ETS) is considered an important means to reduce carbon emissions and has been mainly applied in the United States, the European Union, and some pilot cities and areas in China (Zhou and Qin, 2020; ...
China’s national carbon market started trading on July 16, poised to become the world’s largest emission trading scheme. The launch came after ten years of regional trials and is part of China’s plans to reach a carbon emission peak by 2030 and to achieve carbon neutrality by 2060. ...
Performance Assessment and Outlook of China’s Emission-Trading SchemeChina overtook the US as the world's top emitter in 2007, and produced 1.5 times the emissions of the US by 2013 [1]. At present, China's emissions make up over a quarter of the global total. China is expected to ...