气候变化领域集成服务门户(CCPortal): Market incentives, carbon quota allocation and carbon emission reduction: Evidence from China's carbon trading pilot policy

CCPortal

DOI	10.1016/j.jenvman.2022.115650
	Market incentives, carbon quota allocation and carbon emission reduction: Evidence from China's carbon trading pilot policy
	Shi, Beibei; Li, Nan; Gao, Qiang; Li, Guangqin
发表日期	2022
ISSN	0301-4797
EISSN	1095-8630
卷号	319
英文摘要	As a major carbon dioxide-emitting country, China set carbon trading market to reduce enterprise carbon emissions through the rational allocation of carbon quotas among different enterprises and regions. The market has also conducted a preliminary exploration for the country to achieve carbon dioxide emissions peak in 2030 and carbon neutrality in 2060 while actively addressing the challenges of global climate change. This study analysed the emission reduction effect of China's carbon trading pilot policy, especially the role of carbon quota and carbon trading price. The analysis used county-level panel data from 1997 to 2017, regarded the imple-mentation of the carbon trading pilot policy as a quasi-natural experiment, and used the difference-in-differences method. The results showed that, first, the policy implementation not only reduced regional carbon emissions but also inhibited carbon dioxide emissions per capita, with long-term effects. Second, the carbon emission reduction effect brought by the carbon pilot policy showed significant heterogeneous results with the different degrees of regional carbon emissions and environmental supervision. The effect was greater in areas with higher carbon emission density and stronger legal supervision. Third, the difference in carbon quota allocations resulted in different emission reduction effects, among which the historical method had the strongest effect. The carbon quota price and number of enterprises participating carbon trading market were the key factors affecting carbon emission reduction.
英文关键词	Carbon trading pilots; Carbon dioxide emissions; Carbon quotas; Differences -in -differences
语种	英语
WOS研究方向	Environmental Sciences
WOS类目	Science Citation Index Expanded (SCI-EXPANDED)
WOS记录号	WOS:000829219800010
来源期刊	JOURNAL OF ENVIRONMENTAL MANAGEMENT
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/281510
作者单位	Northwest University Xi'an; Northwest University Xi'an; Xi'an Jiaotong University; Anhui University of Finance & Economics
推荐引用方式 GB/T 7714	Shi, Beibei,Li, Nan,Gao, Qiang,et al. Market incentives, carbon quota allocation and carbon emission reduction: Evidence from China's carbon trading pilot policy[J],2022,319.
APA	Shi, Beibei,Li, Nan,Gao, Qiang,&Li, Guangqin.(2022).Market incentives, carbon quota allocation and carbon emission reduction: Evidence from China's carbon trading pilot policy.JOURNAL OF ENVIRONMENTAL MANAGEMENT,319.
MLA	Shi, Beibei,et al."Market incentives, carbon quota allocation and carbon emission reduction: Evidence from China's carbon trading pilot policy".JOURNAL OF ENVIRONMENTAL MANAGEMENT 319(2022).