气候变化领域集成服务门户(CCPortal): Air quality improvement effect and future contributions of carbon trading pilot programs in China

CCPortal

DOI	10.1016/j.enpol.2022.113264
	Air quality improvement effect and future contributions of carbon trading pilot programs in China
	Weng, Zhixiong; Liu, Tingting; Wu, Yufeng; Cheng, Cuiyun
发表日期	2022
ISSN	0301-4215
EISSN	1873-6777
卷号	170 页码:12
英文摘要	The carbon trading policy is a market-based tool aimed at reducing carbon emissions and may simultaneously yield a combined air quality improvement effect. This study employs a two-way fixed-effect model to estimate the causal relationship between daily carbon trading volumes and air pollution from 2015 to 2020. Results show that a one percent increase in daily carbon trading volumes leads to a reduction of 0.23% in PM2.5 and 0.26% in PM10. In addition to particulate matter, the carbon market can significantly reduce SO2 and air quality index. We also examine provincial and regional heterogeneities and find an apparent reduction effect in Beijing, Guangdong, Hubei, Tianjin, and cities in the more economically developed eastern region. Notably, our estimations indicate that the carbon market's impact on reducing air pollution is most significant annually during the carbon quota compliance period and tends to intensify over the years. Furthermore, we predict the carbon trading scale to meet China's stringent future air quality improvement target, indicating that the carbon trading volumes are projected to be 450 million tons in 2035 under the high contribution scenarios. These findings can provide insightful policy implications for China and other countries to establish more flexible and well-rounded carbon trading policies.
英文关键词	Carbon trading; Carbon market; Air pollution; Reduction effect; Environmental improvement
学科领域	Economics; Energy & Fuels; Environmental Sciences; Environmental Studies
语种	英语
WOS研究方向	Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
WOS记录号	WOS:000892114600017
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/272196
作者单位	Beijing University of Technology
推荐引用方式 GB/T 7714	Weng, Zhixiong,Liu, Tingting,Wu, Yufeng,et al. Air quality improvement effect and future contributions of carbon trading pilot programs in China[J],2022,170:12.
APA	Weng, Zhixiong,Liu, Tingting,Wu, Yufeng,&Cheng, Cuiyun.(2022).Air quality improvement effect and future contributions of carbon trading pilot programs in China.ENERGY POLICY,170,12.
MLA	Weng, Zhixiong,et al."Air quality improvement effect and future contributions of carbon trading pilot programs in China".ENERGY POLICY 170(2022):12.