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This chapter examines the impact of China's pilot emissions regulation policy on provincial industrial carbon emissions using a provincial-industrial level panel dataset containing data from 2008 to 2017, based on a difference-in-difference and difference-in-difference methods. The pilot ETS caused carbon pollution reductions in the pilot regions, according to the results. In addition, the Beijing ETS reduction effect is significant, although Guangdong ETS' reduction effect is much higher than the average level. In the electric power industry, the pilot ETS' presence is getting more apparent.
Source link: https://doi.org/10.1007/978-981-19-5562-4_8
This chapter empirically investigates the effect of China's pilot carbon emission trading on urban carbon pollution in Beijing, China. The pilot carbon emission reductions of cities covered by the initiative have been reduced by the initiative, according to the findings. Overall, China's pilot carbon emission trading has played a key role in driving the country's carbon stability, according to a u2019s analysis.
Source link: https://doi.org/10.1007/978-981-19-5562-4_7
Carbon efficiency should be a key indicator to assess the effectiveness of emissions trading schemes because it shows the relationship between carbon reductions and economic growth. The results reveal that there exists a significant positive casual link between the pilot ETS and industrial carbon productivity, which is shown by the results. In addition, the Beijing ETS' promotion effect is much higher than the average, though Chongqing ETS's is significantly smaller than the average level. In general, China's pilot ETS has contributed to the country's industrial carbon output increase.
Source link: https://doi.org/10.1007/978-981-19-5562-4_9
This paper, the second in this series, uses the propensity score matching difference in a difference model to determine the impact of carbon emission trading on eco-efficiency. Based on the mediating effect model, this paper investigates the mediating mechanism of the effect of carbon pollution trading on eco-efficiency. Carbon emission trading can raise the level of urban eco-efficiency, according to the findings. This paper will not only provide legislative support for the expansion of carbon pollution trading market, but it will also identify the establishment of carbon free markets in developing countries.
Source link: https://doi.org/10.1007/s11356-022-21617-9
Since 2013, a pilot market of carbon emission trading has operated in China, with results revealing a decrease in the economy's carbon intensity. How does ETS influence companies'u2019 environmental protection policies? The difference in the difference between the two models was then used to empirically measure the effect and influencing mechanism of the ETS on corporate environmental investment. Environmental protection investment in state-owned enterprises preferred capitalized environmental protection investment, while private businesses preferred expense-based environmental protection investment. In addition, having a political link could also jeopardize ETS' efforts in encouraging environmental protection investment.
Source link: https://doi.org/10.1007/s11356-022-21548-5
The Shanghai Environment and Energy Exchange's national Emissions Trading Scheme, China's biggest ETS in terms of the amount of CO_2 controlled, was introduced on the Shanghai Environment and Energy Exchange's trading platform on July 16th 2021 and has successfully completed its first compliance cycle on December 30th, 2021. In several aspects, including trading products and participants, allocation management system, compliance term, and compensation mechanism, leading to certain unusual trading patterns, China's national ETS differs from other international ETSs during the course of its first cycle.
Source link: https://doi.org/10.1007/s43979-022-00035-3
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