scholarly journals Sustainable Feasibility of Carbon Trading Policy on Heterogenetic Economic and Industrial Development

2019 ◽  
Vol 11 (23) ◽  
pp. 6869
Author(s):  
Haoran Zhang ◽  
Rongxia Zhang ◽  
Guomin Li ◽  
Wei Li ◽  
Yongrok Choi

A carbon emission trading system (ETS) is an effective market mechanism for promoting the reduction of global greenhouse gas emissions and achieving sustainable development between the economy and the environment. To analyze the emissions reduction effect and economic effect of China’s ETS and further discuss the mechanisms of economic development differences and industrial development differences on the final effect of the policy, this study adopts the propensity score matching-difference in differences method and triple difference method. The empirical results show the following: (1) The ETS can simultaneously achieve both the emissions reduction effect and economic effect when key control variables are included. (2) The population, carbon emissions intensity and per capita GDP have significant positive impacts on carbon emissions; the environmental pollution control intensity, research structure, and research intensity have negative impacts on carbon emissions; and the capita stock, employment, and energy consumption have significant positive economic effects. (3) The ETS has a stronger inhibitory effect on the provinces with higher levels of economic and service development compared to the provinces with lower levels of economic and service development. In contrast, the policy has a weaker inhibitory effect on provinces with higher levels of industrial and construction development compared with the lower level provinces.

2019 ◽  
Vol 11 (19) ◽  
pp. 5508
Author(s):  
Huang ◽  
Kelly ◽  
Lu ◽  
Lv ◽  
Shi ◽  
...  

With China’s commitment to peak its emissions by 2030, sectoral emissions are under the spotlight due to the rolling out of the national emission trading scheme (ETS). However, the current sector policies focus either on the production side or consumption while the majority of sectors along the transmission were overlooked. This research combines input–output modelling and network analysis to track the embodied carbon emissions among thirty sectors of thirty provinces in China. Based on the large-data resolution network, a two-step network reduction algorithm is used to extract the backbone of the network. In addition, network centrality metrics and community detection algorithms are used to assess each individual sector’s roles, and to reveal the carbon communities where sectors have intensive emission links. The research results suggest that the sectors with high out-degree, in-degree or betweenness can act as leverage points for carbon emissions mitigation. In addition to the electricity sector, which is included in the national ETS, the study also found that the metallurgy and construction sectors should be prioritized for emissions reduction from national and local levels. However, the hotpots are different across provinces and thus provincial specific targeted policies should be formed. Moreover, there are nineteen carbon communities in China with different features, which provides direction for provincial governments’ external collaboration for synergistic effects.


2012 ◽  
Vol 178-181 ◽  
pp. 726-732
Author(s):  
Ling Zhi Sun ◽  
Xin Hua Wu

Building industrialization has great significance to change the traditional mode of construction production,helps to achieve the goal of energy saving and emissions reduction, and promotes the sustainable development.The paper analyzes the low carbon characteristics of building industrialization products and the market failure caused by external economy, introduces the market mechanism of carbon emissions trading,which makes supply and demand of building industrialization products to approach or achieve the optimal state of Pareto. From the consideration of reasonable interest demand of the main party in life cycle, the paper brings forward the building industrialization development mode based on carbon emissions trading, and makes supporting measures from seting up the mechanism of carbon emissions trading,constructing the mechanism of information sharing, levying waste disposal fee and so on.


2021 ◽  
Author(s):  
Yuwei Du ◽  
Songsheng Chen

Abstract Building a carbon emission trading market is an effective way to control carbon emissions. The carbon emission trading price is the key to the carbon trading market, and it will affect the carbon emission reduction behavior of enterprises. This study use the vector autoregression (VAR) model, the cointegration analysis, and the Granger causality test to analyze the influence of industrial development index (Shanghai Stock Exchange Industrial Index (000004.SH)), coal price index (National Coal Price Index), air quality index (AQI), and economic index (Purchasing Managers Index (PMI)) on the carbon emission trading price in Tianjin. Empirical research results based on data from January 2014 to December 2019 show that the Shanghai Stock Exchange Industrial Index and AQI are positively correlated with Tianjin carbon emission trading price, and the National Coal Price Index and PMI are negatively correlated with Tianjin carbon emission trading price. Finally, some suggestions are made to promote the rapid maturity of the national carbon emission trading market of China.


2011 ◽  
Vol 268-270 ◽  
pp. 383-388
Author(s):  
Xue Mei Li ◽  
Xiao Lei Zhang ◽  
Hong Ru Du

Analysis of characteristics of mineral resources industrial development in Tarim River Basin, and taking the Bayingolin Mongol Autonomous Prefecture for example, from the contribution of the total amount and economic growth of mineral resources development, industrial development potential, the scale of employment, investment of fixed asset and resources tax analysis effect of economic of mineral resource development in Tarim River Basin. It find that economic effects of mineral resource development is also not fully played important role, in particular, the development potential of mineral resources industry declined, so the future mineral resources should be comprehensive and effective used, strengthening the deep processing of products and further extend the industrial chain.


2021 ◽  
Author(s):  
Xiaomei LUAN ◽  
Danny Chunying Cui ◽  
Dianping Zhang ◽  
Junyue XIE ◽  
Ziwei YAN

Abstract West-to-East gas transmission project (WEGTP) is a major energy construction programm in China. Evaluating its impacts on the energy consumption and carbon emissions(ECER) in involved provinces is of great significance for further achieve the goals of high-quality development. This paper takes WEGTP as a quasi-natural experiment, calculates the total energy consumption and carbon emissions by employing the provincial panel data of 1997-2017, and applies a counterfactual framework under Rubin Causal Model (RCM) to estimate the ECER policy effect of WEGTP Line I Subproject. It is found that WEGTP generates an overall carbon emissions reduction effect in the involved provinces. Further heterogeneity analysis points out that the project has an obvious energy conservation effect on the natural gas importer provinces, however the emissions reduction effect is not significant, while the project has significant positive effects on energy conservation and emissions reduction in the natural gas exporter provinces. Based on the results, WEGTP has played a long-term role in promoting energy structure optimization and carbon emissions reduction. It is still necessary to figure out the price mechanism of natural gas consumption, actively promote the structure of industrial, and meet the objective requirements of high-quality development with the actual effects of energy conservation and emissions reduction.


2021 ◽  
Vol 13 (13) ◽  
pp. 7148
Author(s):  
Wenjie Zhang ◽  
Mingyong Hong ◽  
Juan Li ◽  
Fuhong Li

The implementation of green finance is a powerful measure to promote global carbon emissions reduction that has been highly valued by academic circles in recent years. However, the role of green credit in carbon emissions reduction in China is still lacking testing. Using a set of panel data including 30 provinces and cities, this study focused on the impact of green credit on carbon dioxide emissions in China from 2006 to 2016. The empirical results indicated that green credit has a significantly negative effect on carbon dioxide emissions intensity. Furthermore, after the mechanism examination, we found that the promotion impacts of green credit on industrial structure upgrading and technological innovation are two effective channels to help reduce carbon dioxide emissions. Heterogeneity analysis found that there are regional differences in the effect of green credit. In the western and northeastern regions, the effect of green credit is invalid. Quantile regression results implied that the greater the carbon emissions intensity, the better the effect of green credit. Finally, a further discussion revealed there exists a nonlinear correlation between green credit and carbon dioxide emissions intensity. These findings suggest that the core measures to promote carbon emission reduction in China are to continue to expand the scale of green credit, increase the technology R&D investment of enterprises, and to vigorously develop the tertiary industry.


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