How Does Emissions Trading Work? Definition The European Union Emissions Trading Scheme, also known as ETS or EU-ETS, is an instrument for reducing greenhouse gas emissions at the lowest possible economic cost.
Carbon emission trade schemeGreen total factor productivityRegional heterogeneityEnvironmental deterioration has become the primary issue restricting sustainable economic development, and the carbon trading system is one of the most effective tools for market-based emission reduction. China, a significant ...
More and more emphasis is placed on the common development of economy and ecological environment in China’s development strategy, and one of the key solution is green technology innovation of enterprises. This paper takes the carbon emission trading scheme carried out in China in 2013 as a quasi...
and the phase out of free allowances in the EU Emissions Trading Scheme3 will likely contribute to players remaining on the right-hand side of the cost curve, where there is often little margin for producers.For chemicals with less energy intensity and with a cost base more closely tied to...
Zang, J., Wan, L., Li, Z., Wang, C., & Wang, S. (2020). Does emission trading scheme have spillover effect on industrial structure upgrading? Evidence from the EU based on a PSM-DID approach.Environmental Science and Pollution Research,27(11), 12345–12357. https://doi.org/10.100...
Carbon emission price of Emissions Trading Scheme (ETS) reflects firms' marginal cost of emission, while no previous literature discusses whether it is consistent with the Porter hypothesis or not. Based on a rounded and unique fir-level longitudinal dataset with the information of total factor prod...
The appropriate design of the emission trading scheme (ETS) plays a crucial role in promoting companies to conduct low-carbon technological innovations. Based on a questionnaire survey, this paper examines how the design of the ETS and identified determinants have impacted corporate low-carbon technolo...
Participants of the regulated market trade emission allowances, in other words they trade with permissions to pollute the atmosphere with GHGs. The voluntary carbon market can be thought of as the inverse of this because it facilitates the trading of carbon credits afforded to ...
June 28, 2024The climate is changing, and so is the global regulatory environment. While many industries and companies have set voluntary emission-reduction targets, national governments and supranational bodies are increasingly seeking to accelerate the transition to a net-zero economy. ...
The effects of emission trading scheme on industrial output and air pollution emissions under city heterogeneity in China Journal of Cleaner Production, 315 (2021), Article 128260 View PDFView articleView in ScopusGoogle Scholar Jia, Shao and Yang, 2021 R. Jia, S. Shao, L. Yang High-speed ...