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| DOI | 10.1016/j.enpol.2021.112215 |
| The distribution and regional determinants of nationally financed emissions-reduction projects in China | |
| Cong R.; Lo A.Y.; Yu W. | |
| 发表日期 | 2021 |
| ISSN | 03014215 |
| 卷号 | 152 |
| 英文摘要 | As the Clean Development Mechanism (CDM) has experienced a decline in investments, major host countries in this mechanism have met with a surplus capacity in the production of carbon offset credits. One of these countries is China, which has turned its focus to its own emission trading institutions, such as the ‘China Certified Emission Reduction’ (CCER) scheme, a domestic carbon offsetting mechanism. In this study, we analyse this mechanism by identifying the regional determinants of the emissions-reduction projects. We examine the distribution of 2789 projects of China Certified Emission Reduction scheme and use regional economic attributes to predict the number of projects in 30 Chinese Provinces. Results from a panel data analysis indicate that these projects are more likely to be implemented in locations where per capita GDP is lower, CO2 emissions is higher, energy intensity is higher, and the amount of domestic loan is larger. This voluntary carbon market in China continues to demonstrate economic sensitivity in project implementation as it moves towards a new governing system in the post-CDM context. These findings could provide insights into the prospects for market-driven emission reduction initiatives in China and facilitate their mitigation actions. © 2021 Elsevier Ltd |
| 关键词 | Carbon offsettingChinaEmission tradingEmissions reductionPanel data analysis |
| 英文关键词 | Carbon; Commerce; Emission control; Investments; Regional planning; Certified emission reductions; Clean Development Mechanism; Emission reduction; Emission trading; Emissions reduction; Panel data analysis; Project implementation; Regional economic; Electric power system interconnection; carbon dioxide; carbon emission; clean development mechanism; emission control; emissions trading; Gross Domestic Product; panel data; China |
| 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/205060 |
| 作者单位 | HKU Shenzhen Institute of Research and Innovation, University of Hong Kong, China; Department of Geography, University of Hong Kong, China; New Zealand Climate Change Research Institute, School of Geography, Environment and Earth Sciences, Victoria University of Wellington, Wellington, 6012, New Zealand; School of Finance, Zhongnan University of Economics and Law, China |
| 推荐引用方式 GB/T 7714 | Cong R.,Lo A.Y.,Yu W.. The distribution and regional determinants of nationally financed emissions-reduction projects in China[J],2021,152. |
| APA | Cong R.,Lo A.Y.,&Yu W..(2021).The distribution and regional determinants of nationally financed emissions-reduction projects in China.Energy Policy,152. |
| MLA | Cong R.,et al."The distribution and regional determinants of nationally financed emissions-reduction projects in China".Energy Policy 152(2021). |
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