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Are there spillovers among China's pilots for carbon emission allowances trading?
Energy Economics, 2021Abstract As the process of carbon reduction continues, carbon trading market in China is becoming mature and moving from fragmented pilots to a national unity. This study aims to examine whether there are return and volatility spillovers among China's carbon emissions trading pilots, by using a generalized forecast error variance decomposition as ...
Li-Yang Guo, Chao Feng
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Journal of Cleaner Production, 2021
Abstract Carbon prices are low and fluctuate greatly since Chinese carbon emissions trading scheme pilots were operated. This paper discusses the price drivers in the pilots, using structural breaks test and autoregressive distributed lag model. The results indicate that oversupply of allowances, low auction prices and use of China certified emission
Chang-Jing Ji +3 more
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Abstract Carbon prices are low and fluctuate greatly since Chinese carbon emissions trading scheme pilots were operated. This paper discusses the price drivers in the pilots, using structural breaks test and autoregressive distributed lag model. The results indicate that oversupply of allowances, low auction prices and use of China certified emission
Chang-Jing Ji +3 more
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Assessment of the performance of pilot carbon emissions trading systems in China
Environmental Economics and Policy Studies, 2020As China’s national carbon emissions trading system (ETS) is counting down to establishment, experience and lessons from pilot ETSs are of great value, which come from assessment of the implementation effectiveness, especially how the covered entities are affected.
Dongya Li +3 more
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Environmental Science and Pollution Research, 2022
Collaborative reduction of carbon and air pollutants can more efficiently achieve green technological change, industrial low-carbon transition, and high-quality economic and social development. As a typical environmental policy in China, the pilot carbon Emission Trading Scheme (ETS) has obvious advantages in achieving the collaborative reduction of ...
Xiuyi Shi, Yingzhi Xu, Wenyuan Sun
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Collaborative reduction of carbon and air pollutants can more efficiently achieve green technological change, industrial low-carbon transition, and high-quality economic and social development. As a typical environmental policy in China, the pilot carbon Emission Trading Scheme (ETS) has obvious advantages in achieving the collaborative reduction of ...
Xiuyi Shi, Yingzhi Xu, Wenyuan Sun
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Spill-over effect and efficiency of seven pilot carbon emissions trading exchanges in China.
Science of the Total Environment, 2022With the negative impact of climate change on the environment becoming more and more obvious, countries all over the world have strengthened their attention to environmental protection, the establishment of carbon emission trading mechanism is widely ...
Huihui Wang +3 more
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Emerging markets finance & trade
Using panel data of 30 Chinese provinces from 2008 to 2019, we utilized the Super-efficiency SBM-DEA model to estimate green development efficiency (GDE) and analyzed the impact of carbon emissions trading scheme (ETS) on GDE via the DID model.
Jian Liu +3 more
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Using panel data of 30 Chinese provinces from 2008 to 2019, we utilized the Super-efficiency SBM-DEA model to estimate green development efficiency (GDE) and analyzed the impact of carbon emissions trading scheme (ETS) on GDE via the DID model.
Jian Liu +3 more
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Effect Analysis of China's Carbon Emission Trading Pilot Policy on Carbon Emission Control
Advances in Economics, Management and Political SciencesMany countries have achieved a fundamental consensus to decrease carbon dioxide emissions in order to address environmental and climate issues. China, as the foremost energy consumer and carbon emitter globally, has significantly contributed to the exacerbation of greenhouse gas issues. The most effective method for lowering carbon emissions is through
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Impacts of the pilot policy for carbon emissions trading on pollution reduction in China
Journal of Cleaner ProductionXiangshan Fu
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Environmental science and pollution research international, 2023
Wenfeng Ge +6 more
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Wenfeng Ge +6 more
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Research on the Emission Reduction Effect and Mechanism of China's Carbon Emission Trading Pilot
SSRN Electronic Journal, 2022Kui Liu, Lingling Zhao, Ye Li
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