Assessment of allowance mechanism China's carbon trading pilots
Abstract
The allowance mechanism is one of the core and sensitive aspects in design of a carbon trading scheme and affects the compliance cost for each company covered under the scheme. By examining China's allowance mechanism from two aspects including allowance allocation and allowance distribution, this paper compares China's carbon trading pilots with the EU Emissions Trading System and California Cap-and-Trade Program, and through the comparison identify issues that affect the efficiency of the pilots. The paper also recommends course of actions to strengthen China's existing pilots and build valuable experiences for the establishment of the national cap-and-trade system in China.
- Authors:
-
- Wuhan Univ., Wuhan Hubei (China); Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)
- Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)
- Wuhan Univ., Wuhan Hubei (China)
- Publication Date:
- Research Org.:
- Lawrence Berkeley National Laboratory (LBNL), Berkeley, CA (United States)
- Sponsoring Org.:
- USDOE
- OSTI Identifier:
- 1213694
- Grant/Contract Number:
- AC02-05CH11231
- Resource Type:
- Accepted Manuscript
- Journal Name:
- Energy Procedia (Online)
- Additional Journal Information:
- Journal Name: Energy Procedia (Online); Journal Volume: 75; Journal Issue: C; Journal ID: ISSN 1876-6102
- Publisher:
- Elsevier
- Country of Publication:
- United States
- Language:
- English
- Subject:
- 29 ENERGY PLANNING, POLICY, AND ECONOMY; 54 ENVIRONMENTAL SCIENCES; cap-and-trade pilot; allowance allocation; carbon trading; China ETS; climate change
Citation Formats
Xiong, Ling, Shen, Bo, Qi, Shaozhou, and Price, Lynn. Assessment of allowance mechanism China's carbon trading pilots. United States: N. p., 2015.
Web. doi:10.1016/j.egypro.2015.07.249.
Xiong, Ling, Shen, Bo, Qi, Shaozhou, & Price, Lynn. Assessment of allowance mechanism China's carbon trading pilots. United States. https://doi.org/10.1016/j.egypro.2015.07.249
Xiong, Ling, Shen, Bo, Qi, Shaozhou, and Price, Lynn. Fri .
"Assessment of allowance mechanism China's carbon trading pilots". United States. https://doi.org/10.1016/j.egypro.2015.07.249. https://www.osti.gov/servlets/purl/1213694.
@article{osti_1213694,
title = {Assessment of allowance mechanism China's carbon trading pilots},
author = {Xiong, Ling and Shen, Bo and Qi, Shaozhou and Price, Lynn},
abstractNote = {The allowance mechanism is one of the core and sensitive aspects in design of a carbon trading scheme and affects the compliance cost for each company covered under the scheme. By examining China's allowance mechanism from two aspects including allowance allocation and allowance distribution, this paper compares China's carbon trading pilots with the EU Emissions Trading System and California Cap-and-Trade Program, and through the comparison identify issues that affect the efficiency of the pilots. The paper also recommends course of actions to strengthen China's existing pilots and build valuable experiences for the establishment of the national cap-and-trade system in China.},
doi = {10.1016/j.egypro.2015.07.249},
journal = {Energy Procedia (Online)},
number = C,
volume = 75,
place = {United States},
year = {Fri Aug 28 00:00:00 EDT 2015},
month = {Fri Aug 28 00:00:00 EDT 2015}
}
Web of Science
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Works referencing / citing this record:
Carbon emission quota allocation among China’s industrial sectors based on the equity and efficiency principles
journal, May 2016
- Zhang, Yue-Jun; Hao, Jun-Fang
- Annals of Operations Research, Vol. 255, Issue 1-2
How Will Policies of China’s CO2 ETS Affect its Carbon Price: Evidence from Chinese Pilot Regions
journal, February 2018
- Yang, Baochen; Liu, Chuanze; Gou, Zehao
- Sustainability, Vol. 10, Issue 3
China’s Carbon Market Development and Carbon Market Connection: A Literature Review
journal, May 2019
- Hua, Yifei; Dong, Feng
- Energies, Vol. 12, Issue 9
How Will Policies of China’s CO2 ETS Affect its Carbon Price: Evidence from Chinese Pilot Regions
journal, February 2018
- Yang, Baochen; Liu, Chuanze; Gou, Zehao
- Sustainability, Vol. 10, Issue 3