The allowance mechanism of China’s carbon trading pilots: A comparative analysis with schemes in EU and California

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• 作者：Ling Xiong^a ; ^c ; ^{xiongl2004@126.com} ; Bo Shen^b ; ^{BoShen@lbl.gov} ; Shaozhou Qi^c ; ^{cneuus@126.com} ; Lynn Price^b ; ^{LKPrice@lbl.gov} ; Bin Ye^d ; ^{ye.bin@sz.tsinghua.edu.cn}
• 关键词：China carbon trading pilot ; Cap-and-trade ; ETS ; Allowance allocation ; Climate change
• 刊名：Applied Energy
• 出版年：2017
• 出版时间：1 January 2017
• 年：2017
• 卷：185
• 期：part_P2
• 页码：1849-1859
• 全文大小：776 K
• 卷排序：185

文摘

Analysis framework from two aspects – allocation and distribution – is originally developed. Allowance mechanism of China’s pilots is internationally compared with EU ETS and CA CAT. Different stages of development and economic environment led to a different design of allowance mechanism. Identify challenges facing China’s carbon trading pilots and recommendations for addressing these challenges.