Carbon Markets in China: Development and Challenges

被引:18
|
作者
Sun, Dong [1 ]
Sun, Jingqi [1 ]
Zhang, Xingping [1 ]
Yan, Qingyou [1 ]
Wei, Qianru [1 ]
Zhou, Yun [2 ]
机构
[1] North China Elect Power Univ, Sch Econ & Management, 2 Beinong Rd, Beijing, Peoples R China
[2] Univ Int Business & Econ, Sch Int Trade & Econ, Beijing, Peoples R China
关键词
cap-and-trade; carbon market; CDM; China; ETS pilots; EMISSIONS TRADING SCHEME; LESSONS; PILOT;
D O I
10.1080/1540496X.2016.1152811
中图分类号
F [经济];
学科分类号
02 ;
摘要
China is attempting to initiate its own carbon market-an important market-based policy instrument which would determine the fate of global climate policy as the largest emitter of carbon dioxide across the world. This article looks at carbon trading development so far and examines the key challenges ahead in China. These past experiences-whatever from international CDM practice, or SO2 emission trading and a domestic voluntary carbon market-have paved the solid way to build the existing ETS pilots similar to European Union Emissions Trading System (EU ETS). The investigation into China's ETS pilots discovered some important and urgent issues such as the capsetting and deepening energy market reform.
引用
收藏
页码:1361 / 1371
页数:11
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