2026-03-07T09:05:17Z https://agi.repo.nii.ac.jp/oai

oai:agi.repo.nii.ac.jp:00000119 2024-05-21T07:57:08Z 2 2:28

Evaluating Regional Emissions Trading Pilot Schemes in China's Two Provinces and Five Cities Wang, Huizhi China emissions trading schemes performance With the highest energy use and greenhouse gas emissions around the world, China has begun to adopt comprehensive approaches to control its CO2 emissions and fight climate change. China has committed to reduce its carbon intensity by 40% to 45% compared to 2005 levels by 2020. In 2011, China initiated the development of seven regional carbon trading scheme (ETS) pilots in two provinces (Guangdong and Hubei) and five cities (Beijing, Tianjin, Shanghai, Chongqing and Shenzhen) and has embarked on an ambitious pathway for establishing a national carbon market in 2017. This paper provides an overview and analysis of China’s carbon emission trading market. A background and design characters of China’s seven ETS pilots are introduced. Market performance and compliance are summarized. Linkage existed in China’s carbon emission trading market is identified. 2016-01 eng working paper NA https://agi.repo.nii.ac.jp/records/119 AGI Working Paper Series AGI Working Paper Series 2016-01 1 51 https://agi.repo.nii.ac.jp/record/119/files/2016-01.pdf application/pdf 1.3 MB 2016-08-15