Can China's carbon trading policy help achieve Carbon Neutrality? — A study of policy effects from the Five-sphere Integrated Plan perspective

2022 ◽  
Vol 305 ◽  
pp. 114357
Author(s):  
Xiaoxia Wang ◽  
Jialiang Huang ◽  
Hongda Liu
2021 ◽  
Author(s):  
Xue-mei Zhang ◽  
Fei-fei Lu ◽  
Dan Xue

Abstract Carbon trading policy is important for addressing climate change and reducing carbon emissions. Reducing carbon emissions could further affect energy efficiency (EE). Based on the data of 30 provinces in China from 2006 to 2017, we first calculated the EE by the super-slack-based model (Super-SBM). We then analyzed the theoretical mechanism of the impact of carbon trading policies on EE. We also established a difference-in-difference model and mediation effect model for empirical analysis. Finally, we used the spatial difference-in-difference (SDID) model to test the policy spillover effect of carbon trading policies. The results showed that the high energy efficiency areas gradually shifted to the central and eastern regions with the change of time in space. At the same time, the energy efficiency value in the pilot area of carbon trading policy is obviously higher than that in the non-pilot area. Carbon trading policy had a significant positive effect on improving EE. Among them, green technology innovation and energy structure both had positive mediation effects on carbon trading policies affecting EE. Additionally, the industrial structuring adjustment had no significant mediation effect in its influencing mechanism. Finally, the spatial spillover effect test results show that the carbon trading policy has a positive effect on the energy efficiency of the pilot areas, but has a negative spillover effect on the energy efficiency of the non-pilot areas. That is, the policy may improve the energy efficiency of the pilot areas and reduce the energy efficiency of the non-pilot areas at the same time.


2017 ◽  
Vol 16 (10) ◽  
pp. 2401-2412
Author(s):  
Hua He ◽  
Changsong Ma ◽  
Zhenyu Luo ◽  
Ying Wu

2021 ◽  
pp. 1-19
Author(s):  
Shao-Zhou Qi ◽  
Chao-Bo Zhou ◽  
Kai Li ◽  
Si-Yan Tang

2021 ◽  
Vol 13 (17) ◽  
pp. 9558
Author(s):  
Qiuyue Xia ◽  
Lu Li ◽  
Jie Dong ◽  
Bin Zhang

The reduction of carbon emissions from land use (CELU) is critical for China to achieve carbon neutrality, which may be greatly facilitated by carbon trading policies. Previous studies of the emission reduction effects of carbon trading policies focused mostly on the reduction of carbon source emissions, and there is a lack of research from the comprehensive perspective of carbon sources and carbon sinks. Understanding the effect of carbon trading policies on emission reduction from the perspective of CELU may help to improve the evaluation system of carbon trading policies, as well as provide important implications for the construction of China’s carbon trading market in the context of global carbon neutrality. Here, based on China’s current carbon-trading pilot areas, quasi-natural experiments were conducted by using the CELU data from 2005 to 2017, the synthetic control method (SCM) and the mediation effect model, aiming to empirically study the reduction effect and mechanism of carbon trading policies on CELU. The following main findings were obtained. (1) Carbon trading policies have had a significant reduction effect on the average CELU of the pilot areas by at least four million tons per year during the study period. (2) The carbon emission reduction effect of carbon trading policies has certain regional heterogeneity. (3) Carbon trading policies reduce CELU through the intermediate effect of energy structure, whose contribution rate reaches 30.433%. (4) Carbon trading policies did not achieve the Porter effect of technological progress during the study period, and technological progress has no significant intermediate effect on the reduction of CELU by carbon trading policy. Based on the above findings, the following policy implications can be proposed. Carbon trading and carbon offset should be studied from a comprehensive perspective of land use; regional heterogeneity should be considered when promoting the carbon emission trading system nationwide; and the energy structure should be optimized continuously.


2021 ◽  
Vol 9 ◽  
Author(s):  
Yinglin Tian ◽  
Di Xie ◽  
Tiejian Li ◽  
Jiaye Li ◽  
Yu Zhang ◽  
...  

Facing irreversible and catastrophic changes on the earth, China has committed to peak the net carbon emission by 2030 and to achieve carbon neutrality by 2060. The pledge requires significant mitigation immediately and sustainably. Considering this background, some perspectives are given in this article based on the comprehensive use of natural resources. First, utilizing the STIRPAT (stochastic impacts by regression on population, affluence, and technology) model and statistical data, net carbon emissions of provinces in China are anticipated, which lays a foundation for the further “three-step” carbon neutralization route. Second, a strategy of water–temperature–radiation–land coupling use is proposed, considering 1) the carbon emission cut, which relies on comparing the energy intensity and energy structure in China with those in developed countries; 2) the carbon sink increase, which depends on the evaluation of constraints of hydrometeorological factors on ecological productivity. Finally, the necessity and possibility of carbon trading and redistribution of the natural resources are discussed to ensure that China's national net carbon emission would be reduced to zero by 2060.


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