A Brief Overview of China’s ETS Pilots

Beschreibung

This book systematically introduces readers to the framework of China’s ETS pilots, exploring their design and operating process, the current state of the carbon market, and various barriers encountered. To do so, it deconstructs the Guangdong ETS, which is the largest and most representative of China’s seven ETS pilots. The book subsequently describes and evaluates all seven pilots in terms of their efficiency, macro and micro effects, the method involved in the DEA model, the CGE model, and cost-benefit analysis. In turn, in the assessment section it demonstrates how some ETS pilots have failed to control carbon emissions due to inordinately high emissions quotas issued by the local government etc. Further, it argues that ETS should focus on those industries with large emissions and high mitigating potential for the time being, and then gradually expand the scale of its coverage.

As China’s national ETS is slated for launch on the basis of the lessons learned from the ETS pilots, the book offers a timely and valuable resource for all those who want to understand and forecast the development of China’s ETS. It includes a wealth of descriptions and explanations of Chinese government policies involving carbon emissions control, making it a unique resource.

Gives a detailed introduction and comprehensive description of Guangdong ETS, the biggest pilot ETS of China

Describes the decomposed Chinese pilot ETS design and barrier in operation

Assesses the efficiency and impact of Guangdong ETS by usage of CGE, DEA, CBA model

Autor*in

Daiqing Zhao

Themen in »A Brief Overview of China’s ETS Pilots«

Environmental Policy Chinese Emission Trading Mechanism Efficient Assessment Greenhouse Gases Emission Carbon Emission Control Chinese carbon market building national ETS Emission Trading Scheme ETS in China climate change Climate change management

Stimmen zu »A Brief Overview of China’s ETS Pilots«

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