A review of China’s carbon trading market
By Qingqing Weng, He Xu. Renewable & Sustainable Energy Reviews, 2018
231 citations recorded by the source corpus.
Abstract One of the greatest constraints currently affecting China's economic development is climate change, with its associated restrictive conditions. Consequently, the application of appropriate actions to conserve energy and reduce emissions features centrally in China's core national development goals and development policies. These goals not only pose significant challenges and opportunities, but they also entail an important innovation. Under the framework of the Kyoto Protocol, the carbon trading market has emerged at a historic moment as an important measure for conserving energy and reducing emissions. Given the continuous development of the international carbon trading market over the last decade, China is also attempting to develop its own carbon trading market to further contribute to energy conservation and emissions reduction. Based on an analysis of the current situation of China's carbon trading market, relevant policy suggestions are offered here for its improvement, with the aim of providing guidelines for reducing carbon emissions, which are of mounting concern.
Subfields: Economics and Econometrics, Environmental Engineering, Renewable Energy, Sustainability and the Environment
View Paper: https://www.semanticscholar.org/paper/207a0e2a85421ca8a33debdaa79093674e461c69
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
In Environmental Engineering
In Renewable Energy, Sustainability and the Environment
Citations in the corpus
- Does China's carbon emissions trading policy improve the technology innovation of relevant enterprises? (2019, background): “Afterwards, starting with the power industry, China launched the national carbon trading market in the end of 2017.10 Thus, China is estimated to exceed the European Union Emissions Trading System (EU ETS) to become the world's largest carbon trading market (Weng & Xu, 2018).”
- FinTech and Sustainable Development: Evidence from China based on P2P Data (2019, background): “It is also an important embodiment of the economic development potential of a region and an important reflection of the degree of social development and the intensity of resource consumption [58].”
- Environmental and economic effects of China’s carbon market pilots: Empirical evidence based on a DID model (2021, background): “Hubei carbon market, making it the largest and most active carbon market among all the pilot carbon markets (Clayton et al., 2016; Weng and Xu, 2018; Fan et al., 2019).”