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DOI10.1007/s11069-020-04469-9
Impacts of the carbon emission trading system on China’s carbon emission peak: a new data-driven approach
Wu L.; Zhu Q.
发表日期2021
ISSN0921030X
起始页码2487
结束页码2515
卷号107期号:3
英文摘要Over the past four decades, China’s extensive economic growth mode has led to substantial greenhouse gas emissions, and China has become the world’s largest emitter since 2009. In order to alleviate the dual pressures from international climate negotiations and domestic environmental degradation, the Chinese government has pronounced it will reach its emission peak before 2030. However, through analyzing 12 scenarios, we found that it will be very difficult to meet this ambitious goal under the current widely used policies. With the trial implementation of China’s carbon emission trading system (ETS), concerns arise over whether national ETS can accelerate the carbon peak process. In this paper, we propose a new proactive data envelopment analysis approach to investigate the impacts of national carbon ETS on carbon peak. Several important results are obtained. For example, we find that carbon ETS has a significant accelerating effect on carbon peak, which effect will advance the carbon peak by one to 2 years, and the corresponding peak values are reduced by 2.71–3 Gt. In addition, the setting of carbon price in the current Chinese pilot carbon market is found to be overly conservative. Last, our estimation on the carbon trading volume indicates that the ETS lacks vitality as the annual average carbon trading volume only represents approximately 4.3% of the total average carbon emissions. Based on these findings, several policy implications are suggested regarding the means by which China can more smoothly peak its carbon emissions before 2030 and implement national carbon ETS. © 2021, The Author(s), under exclusive licence to Springer Nature B.V. part of Springer Nature.
关键词Carbon emission trading systemCarbon marginal abatement costCarbon peakProactive data envelopment analysis
英文关键词abatement cost; carbon emission; data envelopment analysis; emission inventory; emissions trading; environmental degradation; environmental economics; governance approach; policy implementation; China
语种英语
来源期刊Natural Hazards
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/206665
作者单位College of Management Engineering, Nanjing University of Information Science and Technology, Nanjing, 210044, China; College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing, 211106, China; Research Center for Soft Energy Science, Nanjing University of Aeronautics and Astronautics, 29 Jiangjun Avenue, Nanjing, 211106, China
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Wu L.,Zhu Q.. Impacts of the carbon emission trading system on China’s carbon emission peak: a new data-driven approach[J],2021,107(3).
APA Wu L.,&Zhu Q..(2021).Impacts of the carbon emission trading system on China’s carbon emission peak: a new data-driven approach.Natural Hazards,107(3).
MLA Wu L.,et al."Impacts of the carbon emission trading system on China’s carbon emission peak: a new data-driven approach".Natural Hazards 107.3(2021).
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