气候变化领域集成服务门户(CCPortal): Towards carbon neutrality by implementing carbon emissions trading scheme: Policy evaluation in China

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DOI	10.1016/j.enpol.2021.112510
	Towards carbon neutrality by implementing carbon emissions trading scheme: Policy evaluation in China
	Chen X.; Lin B.
发表日期	2021
ISSN	03014215
卷号	157
英文摘要	The Carbon Emission Trading Scheme is generally considered an important market-oriented environmental policy tool aiming at carbon abatement. Therefore, the government and policymakers should focus on the positive role it plays. In September 2020, China proposed to achieve carbon neutrality by 2060. Based on the background of carbon neutrality, this paper, therefore, examines the policy effectiveness of carbon trading in two stages by taking the natural experiment of China's pilot as a case. The first stage constructs two indicators to represent the performance of energy utilization and carbon emissions by employing the global DEA, namely the total-factor carbon performance index and the energy-carbon performance index. The second stage discusses the policy effect of carbon trading by using the synthetic control method to construct unobservable counterfactual paths. The paper found that carbon trading can significantly improve carbon/energy-carbon performance. This empirical work identifies the role of the carbon trading scheme in promoting energy conservation and emission reduction, which is regarded as an effective policy tool to promote carbon neutrality. The placebo test also confirmed that the results are robust and significant. Finally, some policy suggestions are provided for achieving carbon neutrality worldwide based on these findings. © 2021 Elsevier Ltd
关键词	Carbon emissions trading scheme Carbon neutrality China Natural experiment Synthetic control method
英文关键词	Carbon; Energy utilization; Environmental protection; Carbon emission trading; Carbon emission trading scheme; Carbon neutralities; Carbon performance; Carbon trading; China; Emissions Trading Scheme; Natural experiment; Policy tools; Synthetic control method; Emission control
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/205051
作者单位	School of Economics and Management, Dalian University of Technology, Dalian, Liaoning 116024, China; School of Management, China Institute for Studies in Energy Policy, Collaborative Innovation Center for Energy Economics and Energy Policy, Xiamen University, Xiamen, Fujian 361005, China
推荐引用方式 GB/T 7714	Chen X.,Lin B.. Towards carbon neutrality by implementing carbon emissions trading scheme: Policy evaluation in China[J],2021,157.
APA	Chen X.,&Lin B..(2021).Towards carbon neutrality by implementing carbon emissions trading scheme: Policy evaluation in China.Energy Policy,157.
MLA	Chen X.,et al."Towards carbon neutrality by implementing carbon emissions trading scheme: Policy evaluation in China".Energy Policy 157(2021).