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A Brief Overview of China’s ETS Pilots

Deconstruction and Assessment of Guangdong’s Greenhouse Gas Emission Trading Mechanism

  • Daiqing Zhao
  • Wenjun Wang
  • Zhigang Luo

Table of contents

  1. Front Matter
    Pages i-xx
  2. Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 1-10
  3. Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 11-36
  4. Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 37-62
  5. Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 63-81
  6. Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 83-101
  7. Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 103-125
  8. Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 127-151
  9. Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 153-168
  10. Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 169-194
  11. Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 195-215
  12. Back Matter
    Pages 217-261

About this book

Introduction

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.


Keywords

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

Authors and affiliations

  • Daiqing Zhao
    • 1
  • Wenjun Wang
    • 2
  • Zhigang Luo
    • 3
  1. 1.Guangzhou Institute of Energy ConversionChinese Academy of SciencesGuangzhouChina
  2. 2.Guangzhou Institute of Energy ConversionChinese Academy of SciencesGuangzhouChina
  3. 3.Guangzhou Institute of Energy ConversionChinese Academy of SciencesGuangzhouChina

Bibliographic information

  • DOI https://doi.org/10.1007/978-981-13-1888-7
  • Copyright Information China Environment Publishing Group Co., Ltd. and Springer Nature Singapore Pte Ltd. 2019
  • Publisher Name Springer, Singapore
  • eBook Packages Earth and Environmental Science
  • Print ISBN 978-981-13-1887-0
  • Online ISBN 978-981-13-1888-7
  • Buy this book on publisher's site
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