Could carbon emission control firms achieve an effective financing in the carbon market? A case study of China's emission trading scheme

2021 ◽  
pp. 128004
Author(s):  
Yin Li ◽  
Tiansen Liu ◽  
Yazhi Song ◽  
Zhongfei Li ◽  
Xin Guo
Keyword(s):  
Carbon Emission ◽  
Emission Control ◽  
Emission Trading ◽  
Carbon Market ◽  
Emission Trading Scheme ◽  
Trading Scheme

Research on China’s cap-and-trade carbon emission trading scheme: Overview and outlook

2016 ◽  
Vol 178 ◽  
pp. 902-917 ◽  
Author(s):  
Jingjing Jiang ◽  
Dejun Xie ◽  
Bin Ye ◽  
Bo Shen ◽  
Zhanming Chen
Keyword(s):  
Carbon Emission ◽  
Emission Trading ◽  
Emission Trading Scheme ◽  
Cap And Trade ◽  
Trading Scheme ◽  
Carbon Emission Trading

scholarly journals Can Emission Trading Scheme Improve Carbon Emission Performance? Evidence From China

2021 ◽  
Vol 9 ◽  
Author(s):  
Yuhua Zheng ◽  
Xiaoyang Sun ◽  
Chenyu Zhang ◽  
Daojuan Wang ◽  
Ju Mao
Keyword(s):  
Carbon Emission ◽  
Emission Trading ◽  
Listed Companies ◽  
Policy Implications ◽  
Emission Trading Scheme ◽  
Emission Performance ◽  
The Difference ◽  
Reduce Emissions ◽  
Trading Scheme ◽  
The Impact

This paper explores the effect of China’s emission trading scheme (ETS) pilot policy implemented during 2013-2014 on carbon emission performance. Adopting the Difference-in-Difference (DID) model, we find that: 1) China’s ETS pilot policy can significantly improve the carbon emission performance of listed companies in the pilot provinces. 2) The heterogeneity analysis shows that the carbon emission performance of listed companies in the eastern coastal pilot areas has improved significantly, which is not significant in the central and western pilot areas. 3) We find that China’s ETS pilot policy can significantly improve innovation capabilities of listed companies, suggesting that innovation is a channel for the impact of the China’s ETS pilot policy on carbon emission performance in the pilot provinces. Overall, our study shows that ETS pilot policy has played a governance role in China and improved carbon emission performance. We further highlight some important policy implications with respect to helping companies save energy and reduce emissions, and promoting the further improvement of China’s ETS pilot policy.

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