气候变化领域集成服务门户(CCPortal): Recognition and analysis of potential risks in China's carbon emission trading markets

CCPortal

DOI	10.1016/j.accre.2019.03.004
	Recognition and analysis of potential risks in China's carbon emission trading markets
	DENG M.-Z.; ZHANG W.-X.
发表日期	2019
ISSN	1674-9287
卷号	10 期号:1
英文摘要	China formally launched the carbon trading pilots in seven provinces and cities in 2013. Based on the operating situations of international carbon emission trading markets and that in China, this study compares and analyzes the potential risks in the European Union Emission Trading Scheme, California's cap-and-trade system, and the seven regional carbon trading pilots in China. It mainly recognizes market operation risks, risks of uncertain policy expectation, and risks of uncertain mechanism designs existing in China's carbon trading pilots. The carbon market risks are not good for the formation of rational price signals, making it difficult to guide enterprises on how to make low-carbon technology investments. Such risks also affect the effectiveness and functions of carbon markets, which can lead to the non-achievement of national emission reduction goals. China has launched the national carbon emission trading scheme on December 19, 2017. While building the national carbon trading scheme, it is important to fully refer to the experiences of international carbon markets and China's carbon trading pilots apart from strengthening the recognition, control, and supervision of carbon market risks. Doing so can promote the healthy development of China's national carbon trading scheme. © 2019 National Climate Center (China Meteorological Administration)
英文关键词	Carbon trading pilots; Market operation risks; Uncertain mechanism design risks; Uncertain policy expectation risks
语种	英语
来源期刊	Advances in Climate Change Research
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/89143
作者单位	Institute of Energy, Environment and Economy, Tsinghua University, Beijing, 100084, China; School of Economics and Management, Beihang University, Beijing, 100191, China
推荐引用方式 GB/T 7714	DENG M.-Z.,ZHANG W.-X.. Recognition and analysis of potential risks in China's carbon emission trading markets[J],2019,10(1).
APA	DENG M.-Z.,&ZHANG W.-X..(2019).Recognition and analysis of potential risks in China's carbon emission trading markets.Advances in Climate Change Research,10(1).
MLA	DENG M.-Z.,et al."Recognition and analysis of potential risks in China's carbon emission trading markets".Advances in Climate Change Research 10.1(2019).