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Article
Author(s)
Nan Li, Beibei Shi, Rong Kang
Anders Ekeland
Full-Text PDF XML 623 Views
DOI:10.17265/1537-1506/2017.04.003
Affiliation(s)
Northwest University, Xi’an, China
Statistics Norway, Oslo, Norway
ABSTRACT
One of the key elements
influencing the performance of a carbon trading system, are the methods of
allocating the initial CO2 emissions. This paper tries to use a
quantitative description method to analyze the influence of the different
allocation methods on the level of CO2 emissions based on the seven
pilot trading markets from 2009 to 2013
in China. The results show that different methods bring about various degrees
of impacts, through direct and indirect constraint mechanism, influence the CO2 emission cut finally. Although due to the complexity of the direct and indirect
constraint mechanism, attempting to compare the effects of different allocation
methods is difficult by using the data of carbon emission cut from seven pilot
markets in China, the paper shows that the allowance allocation methods,
through the constraints imposed on enterprises, significantly reduce regional
carbon emissions.
KEYWORDS
allowance allocation, carbon trading system, CO2 emission, China pilot markets
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