Carbon trading in a socialist market economy: Can China make a difference?

By Alex Y. Lo. 2013

113 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/8012cb194a509cd0fc16b5b7e28e56da4b47cbd8

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In Economics and Econometrics

1. Zhongxiang Zhang
2. R. Cong
3. Bo Shen
4. Bin Ye
5. Xiaoqiu Song
6. Alex Y. Lo
7. J. H. Fan
8. N. Todorova

Citations in the corpus

• Carbon emissions trading in China: the evolution from pilots to a nationwide scheme (2015, background): “Second, all existing ETSs are operating under the given condition of a mature market economy (Han, Olsson, Hallding, & Lunsford, 2012; Lo, 2013, 2015).”
• How China's current carbon trading policy affects carbon price? An investigation of the Shanghai Emission Trading Scheme pilot (2018, background): “Different from the EU ETS, China has established a stable emission-reduction mechanism that is regulated by both central and local governments (Lo, 2012, 2013), so China's carbon market is naturally characterized by the strong policy orientation.”
• Challenges to the development of carbon markets in China (2016, unknown): “China does not have a long history of neoliberalization of environmental policy, and the state machinery is not designed to run market mechanisms (Gilley, 2012; Lo, 2013).”
• The allowance mechanism of China’s carbon trading pilots: A comparative analysis with schemes in EU and California (2017, background): “[12] and Lo [13] assessed the preparation of the pilots and argued that due to the great difficulties and 51 large scale there would be a tremendous challenges, both practically and theoretically, for the emissions 52 trading in China.”
• Emission trading and carbon market performance in Shenzhen, China (2017, background): “Without being able to eliminate concerns about financial maturity, our findings provide additional evidence about the limitations of the pilot ETSs operating in China, which is broadly consistent with earlier assessments reported elsewhere [14, 17-21].”