Knowledge Management System Of Guangzhou Institute of Energy Conversion, CAS
| Overview and evaluation of the mitigation efficiency for China's seven pilot ETS | |
Wang, Wenjun1,2,3; Xie, Pengcheng1,2,3; Wang, Wenxiu1,2,3; Zhao, Daiqing1,2,3
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| 2019-07-26 | |
| Source Publication | ENERGY SOURCES PART A-RECOVERY UTILIZATION AND ENVIRONMENTAL EFFECTS
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| ISSN | 1556-7036 |
| Pages | 15 |
| Corresponding Author | Wang, Wenxiu(wangwx@ms.giec.ac.cn) |
| Abstract | China's pilot emission trading schemes (CP-ETS) have been operating for five years since the first pilot ETS launched its carbon market in 2013. The seven pilots have a common framework but different details. In this study, an assessment model which is used to evaluate mitigation efficiency, is constructed by combining the DID method and an evaluation matrix. Results show that the five CP-ETS have been effective in promoting emission reduction, whereas the pilot ETS of Shanghai and Chongqing have failed to drive the covered enterprises to reduce their GHG emission directly. Our findings reveal that at least three key elements, namely, allowance cap, the covered enterprises' potential emission reduction capacity, and economic structure stability, affect the mitigation efficiency of the CP-ETS. The mitigation efficiency of the CP-ETS may be enhanced by conducting a pre-evaluation of the potential mitigation capacity of the covered enterprises, setting a mechanism for the evaluation and adjustment of the allowance cap, and employing financial tools to maintain the carbon price within a reasonable range that most covered enterprises can afford. |
| Keyword | Emission trading schemes (ETS) Evaluation China GHG emission reduction Mitigation efficiency |
| DOI | 10.1080/15567036.2019.1646352 |
| WOS Keyword | CARBON ALLOWANCE ALLOCATION ; IMPACT ; GUANGDONG |
| Indexed By | SCI |
| Language | 英语 |
| Funding Project | Guangdong Government Low-Carbon Development Fund[ZHC201606] ; Guangdong Social Sciences Planning Fund[GD16CGL02] ; Provincial science and technology plan project of Guangdong province[2018A050501011] |
| WOS Research Area | Energy & Fuels ; Engineering ; Environmental Sciences & Ecology |
| Funding Organization | Guangdong Government Low-Carbon Development Fund ; Guangdong Social Sciences Planning Fund ; Provincial science and technology plan project of Guangdong province |
| WOS Subject | Energy & Fuels ; Engineering, Chemical ; Environmental Sciences |
| WOS ID | WOS:000480855900001 |
| Publisher | TAYLOR & FRANCIS INC |
| Citation statistics | |
| Document Type | 期刊论文 |
| Identifier | http://ir.giec.ac.cn/handle/344007/25545 |
| Collection | 中国科学院广州能源研究所 |
| Corresponding Author | Wang, Wenxiu |
| Affiliation | 1.Chinese Acad Sci, Guangzhou Inst Energy Convers, Dept Energy Strategy Res Ctr, Guangzhou, Guangdong, Peoples R China 2.Chinese Acad Sci, Key Lab Renewable Energy, Guangzhou, Guangdong, Peoples R China 3.Guangdong Prov Key Lab New & Renewable Energy Res, Dept Energy Strategy Res Ctr, Guangzhou, Guangdong, Peoples R China |
| First Author Affilication | GuangZhou Institute of Energy Conversion,Chinese Academy of Sciences |
| Recommended Citation GB/T 7714 | Wang, Wenjun,Xie, Pengcheng,Wang, Wenxiu,et al. Overview and evaluation of the mitigation efficiency for China's seven pilot ETS[J]. ENERGY SOURCES PART A-RECOVERY UTILIZATION AND ENVIRONMENTAL EFFECTS,2019:15. |
| APA | Wang, Wenjun,Xie, Pengcheng,Wang, Wenxiu,&Zhao, Daiqing.(2019).Overview and evaluation of the mitigation efficiency for China's seven pilot ETS.ENERGY SOURCES PART A-RECOVERY UTILIZATION AND ENVIRONMENTAL EFFECTS,15. |
| MLA | Wang, Wenjun,et al."Overview and evaluation of the mitigation efficiency for China's seven pilot ETS".ENERGY SOURCES PART A-RECOVERY UTILIZATION AND ENVIRONMENTAL EFFECTS (2019):15. |
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