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A Brief Overview Of Chinas Ets Pilots
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Book Synopsis A Brief Overview of China’s ETS Pilots by : Daiqing Zhao
Download or read book A Brief Overview of China’s ETS Pilots written by Daiqing Zhao and published by Springer. This book was released on 2018-08-27 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book systematically introduces readers to the framework of China’s ETS pilots, exploring their design and operating process, the current state of the carbon market, and various barriers encountered. To do so, it deconstructs the Guangdong ETS, which is the largest and most representative of China’s seven ETS pilots. The book subsequently describes and evaluates all seven pilots in terms of their efficiency, macro and micro effects, the method involved in the DEA model, the CGE model, and cost-benefit analysis. In turn, in the assessment section it demonstrates how some ETS pilots have failed to control carbon emissions due to inordinately high emissions quotas issued by the local government etc. Further, it argues that ETS should focus on those industries with large emissions and high mitigating potential for the time being, and then gradually expand the scale of its coverage. As China’s national ETS is slated for launch on the basis of the lessons learned from the ETS pilots, the book offers a timely and valuable resource for all those who want to understand and forecast the development of China’s ETS. It includes a wealth of descriptions and explanations of Chinese government policies involving carbon emissions control, making it a unique resource.
Book Synopsis Survey of the MRV Systems for China's ETS Pilots by :
Download or read book Survey of the MRV Systems for China's ETS Pilots written by and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Does China's Carbon Emission Trading Scheme Reduce Emissions? Analyzing the Impact of the Ets Pilots by : Laqiqige Zhu
Download or read book Does China's Carbon Emission Trading Scheme Reduce Emissions? Analyzing the Impact of the Ets Pilots written by Laqiqige Zhu and published by . This book was released on 2017 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the world cooperates to combat climate change, China, as the biggest greenhouse gas emitter, announced that it would launch a national carbon emission trading scheme (ETS) in 2017. Before this national ETS, China had already had seven pilots operated since 2013. These seven pilots are: Beijing, Tianjin, Shanghai, Chongqing, Guangdong, Hubei, Shenzhen, and they are running different ETS system according to their regional specific characteristics. Though the pilots have run for three years, there is limited quantitative research on their environment abatement effect. Most of the existing studies are qualitative and focusing on policy recommendations. This study tries to fill this gap and explore the ETSs impact on CO2 emission reductions quantitatively. I compare ETS pilots with non-ETS provinces, using a fixed effect model and synthetic control methods, to understand the effect of the pilot program on CO2 emissions. My regression results do not show a statistically significant negative relationship between being as ETS and the CO2 emissions. The synthetic control method suggests a negative relationship and a policy effect, after 2011 when the ETS was first announced.
Download or read book Emissions Trading in China written by and published by . This book was released on 2014 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: To control rising energy use and CO2 emissions, China's leadership has enacted energy and CO2 intensity targets as part of the Twelfth Five-Year Plan (the Twelfth FYP, 2011-2015). Both to support achievement of these targets and to lay the foundation for a future national market-based climate policy, at the end of 2011, China's government selected seven areas to establish pilot emissions trading systems (ETS). In this paper, we provide a comprehensive overview of current status of China's seven ETS pilots. Pilots differ in the extent of sectoral coverage, the size threshold for qualifying installations, and other design features that reflect diverse settings and priorities. By comparing the development of the ETS pilots, we identify issues that have emerged in the design process, and outline important next steps for the development of a national ETS.
Book Synopsis The Oxford Handbook of Health Economics by : Sherry Glied
Download or read book The Oxford Handbook of Health Economics written by Sherry Glied and published by OUP Oxford. This book was released on 2013-05-23 with total page 992 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oxford Handbook of Health Economics provides an accessible and authoritative guide to health economics, intended for scholars and students in the field, as well as those in adjacent disciplines including health policy and clinical medicine. The chapters stress the direct impact of health economics reasoning on policy and practice, offering readers an introduction to the potential reach of the discipline. Contributions come from internationally-recognized leaders in health economics and reflect the worldwide reach of the discipline. Authoritative, but non-technical, the chapters place great emphasis on the connections between theory and policy-making, and develop the contributions of health economics to problems arising in a variety of institutional contexts, from primary care to the operations of health insurers. The volume addresses policy concerns relevant to health systems in both developed and developing countries. It takes a broad perspective, with relevance to systems with single or multi-payer health insurance arrangements, and to those relying predominantly on user charges; contributions are also included that focus both on medical care and on non-medical factors that affect health. Each chapter provides a succinct summary of the current state of economic thinking in a given area, as well as the author's unique perspective on issues that remain open to debate. The volume presents a view of health economics as a vibrant and continually advancing field, highlighting ongoing challenges and pointing to new directions for further progress.
Book Synopsis Carbon Trading Scheme in the People's Republic of China by : Xing Chen
Download or read book Carbon Trading Scheme in the People's Republic of China written by Xing Chen and published by . This book was released on 2018 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: The People's Republic of China (PRC) launched seven emissions trading scheme (ETS) pilot projects in 2013-2014 to explore a cost-effective approach for low-carbon development. The central government subsequently announced its plans for the full-fledged implementation of ETS in the entire PRC in late 2017. To ensure the success of ETS in the PRC, it is necessary to gain a better understanding of the experiences and lessons learned in the pilot projects. In this paper, we provide a policy overview of the seven pilot projects, including policy design, legislative basis, and market performance. We use the synthetic control method to evaluate the carbon mitigation effect of each of the seven ETS pilots. Our findings are that success has been limited and uneven across the pilot projects, which warrants deeper evaluation of the differences between them and caution in scheme expansion. Results from the analysis also shed light on policy improvements that can benefit the nationwide development of ETS.
Book Synopsis Elements of Financial Risk Management by : Peter Christoffersen
Download or read book Elements of Financial Risk Management written by Peter Christoffersen and published by Academic Press. This book was released on 2011-11-22 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Second Edition of this best-selling book expands its advanced approach to financial risk models by covering market, credit, and integrated risk. With new data that cover the recent financial crisis, it combines Excel-based empirical exercises at the end of each chapter with online exercises so readers can use their own data. Its unified GARCH modeling approach, empirically sophisticated and relevant yet easy to implement, sets this book apart from others. Five new chapters and updated end-of-chapter questions and exercises, as well as Excel-solutions manual, support its step-by-step approach to choosing tools and solving problems. Examines market risk, credit risk, and operational risk Provides exceptional coverage of GARCH models Features online Excel-based empirical exercises
Book Synopsis Emissions Trading by : Justin Howard Bergendahl
Download or read book Emissions Trading written by Justin Howard Bergendahl and published by . This book was released on 2015 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis provides an overview of attempts to mitigate climate change through emissions trading systems (ETS) with a focus on China's recent announcement to implement a national ETS. The report begins with a description of climate change and the inherent difficulties of reducing greenhouse gas (GHG) emissions. Popular policy mechanisms that aim to reduce GHG emissions with a goal of mitigating climate change are described, including the United Nations efforts to implement an international ETS through international climate negotiations. The second chapter reports on international, national and regional ETSs, with a focus on a multitude of critical ETS components. The third chapter outlines the theory of linking ETSs, design considerations, benefits, potential barriers and risks of linking. The fourth chapter focuses on air pollution in China and the state's response to limit pollution through regional pilot ETSs that may transition into a Chinese national ETS based on the pilot programs' results. The conclusion of the thesis focuses on the potential repercussions of the future implementation of China's national ETS. The thesis concludes that China's selection of an ETS over other policy mechanisms can enhance other nations' confidence in an ETS's ability to reduce emissions without impeding economic growth. The Chinese system can influence future UNFCCC meetings and may facilitate global agreements. The lessons learned from China's ETS has the potential to encourage the development of existing and future ETSs. Asia could become the global center for emissions trading if China considers linking systems with existing and future ETSs.
Book Synopsis Does the Pilot Emissions Trading System in China Promote Innovation? Evidence Based on Green Technology Innovation in the Energy Sector by : Yanming Sun
Download or read book Does the Pilot Emissions Trading System in China Promote Innovation? Evidence Based on Green Technology Innovation in the Energy Sector written by Yanming Sun and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Chinese government promulgated a carbon emissions trading system (ETS) pilot in 2011 and gradually expanded its scope. Based on energy-related green patent applications in 285 Chinese cities from 2003 to 2018, this study investigates the impact of the ETS pilot on green technology innovation in the energy sector (GTIES). By employing a spatial difference in difference (SDID) model and multi-dimensional empirical tests, our results show, first, that the pilot policy has induced GTIES to a certain extent. Second, ETS has enhanced the green technology innovation ability of both pollution intensive industries and non-pollution intensive industries, and the effect of the pilot policy on pollution intensive industries is twice that on non-pollution intensive industries. Third, the pilot has promoted the development of GTIES in pilot locations but restrained GTIES development in the vicinity. This study provides empirical evidence for the evaluation of the pilot policy at the city-industry-regional level, providing enlightenment on industrial policy and the need for regional collaboration in the presence of spatial spillover effects.
Book Synopsis Chinese Policy and Presence in the Arctic by : Timo Koivurova
Download or read book Chinese Policy and Presence in the Arctic written by Timo Koivurova and published by BRILL. This book was released on 2020-03-17 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the book Chinese Policy and Presence in the Arctic, Koivurova and Kopra (editors) offer a comprehensive account of China’s evolving interests, policies and strategies in the Arctic region. Despite its lack of geography north of the Arctic Circle, China’s presence in the High North is expected to grow in the coming years, which, in turn, is likely to speed up globalization in the region. This book brings together experts on China and the Arctic, each chapter contributing to a detailed overview of China’s diplomatic, economic, environmental, scientific and strategic presence in the Arctic and its influence on regional affairs. The book is of interest to students, scholars and those dealing with China’s foreign policy and Arctic affairs.
Book Synopsis Price Dynamics in China by : International Monetary Fund
Download or read book Price Dynamics in China written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-09-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chinese inflation, particularly non-food inflation, has been surprisingly modest in recent years. We find that supply factors, including those captured through upstream foreign commodity and producer prices, have been important drivers of non-food inflation, as has foreign demand for Chinese goods. Domestic demand and monetary conditions seem less important, possibly reflecting a large domestic output gap generated by many years of high investment. Inflation varies systemically within China, with richer (and urban) provinces having lower, more stable, inflation, but this urban inflation also influence that in lower-income provinces. Higher Mainland food inflation also raises inflation in non-Mainland China.
Book Synopsis Handbook of Research on Creating Sustainable Value in the Global Economy by : Akkucuk, Ulas
Download or read book Handbook of Research on Creating Sustainable Value in the Global Economy written by Akkucuk, Ulas and published by IGI Global. This book was released on 2019-11-15 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the first decade of the 21st century, the world has witnessed a plethora of corporate scandals, global economic crises, and rising environmental concerns. As a result of these developments, pressure has been mounting on businesses to pay more attention to the environmental and resource consequences of the products they produce and services they deliver. The Handbook of Research on Creating Sustainable Value in the Global Economy contains a collection of pioneering research on the integration of issues of sustainability within the traditional areas of management. While highlighting topics including green marketing, circular economy, and sustainable business, this book is ideally designed for managers, executives, environmentalists, economists, business professionals, researchers, academicians, and students in disciplines including marketing, economics, finance, operations management, communication science, and information technology.
Book Synopsis Moving Steadily Or Great Leap Forward? The Emerging Carbon Market in China by : Ying Shen
Download or read book Moving Steadily Or Great Leap Forward? The Emerging Carbon Market in China written by Ying Shen and published by . This book was released on 2013 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has become a large greenhouse gas ('GHG') emissions source due to its rapid industrialisation and urbanisation. Given the heavy environmental footprint caused by China's economic growth, the Chinese government has recognised the need to control carbon emissions and mitigate climate change. Indeed, China has made remarkable progress in reducing its energy consumption per unit of gross domestic product ('GDP'). However, these improvements are mainly the result of the most readily available abatement options. Given that simple solutions have almost been exhausted, cost-effective market-based instruments such as carbon emissions trading and carbon markets have become the focus of the Chinese leadership's attention and have begun to emerge and develop in China. At this stage the primary issue that must be considered by the Chinese government is how to implement an emissions trading scheme ('ETS') -- whether to adopt such a new environmental policy instrument step by step in an evolutionary manner or whether to fully implement it instantly in a revolutionary way. This article considers the future direction of an emerging carbon market in China. It first provides a comprehensive and up-to-date review of current pilot ETS programs in China. Based on the review of these programs, China's pilot ETS programs and the well-established European Union Emissions Trading Scheme ('EU ETS') are compared. The improvements made by, and the shortcomings of, these pilot programs (which could be considered by the Chinese government in choosing an appropriate development model of the ETS in the near future) are summarised. The article concludes by assessing the prospects of an ETS in China.
Book Synopsis Emissions Trading Schemes and Their Linking by : Asian Development Bank
Download or read book Emissions Trading Schemes and Their Linking written by Asian Development Bank and published by Asian Development Bank. This book was released on 2016-04-01 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asia and the Pacific has achieved rapid economic expansion in the recent years and has become a major source of greenhouse gas (GHG) emissions. With more than half of the world’s population and high rates of economic growth, the region is especially vulnerable to the effects of climate change and therefore must play its part in cutting GHG emissions. The Paris Agreement adopted last December 2015 at the United Nations Framework Convention on Climate Change COP21 aims to restrict global warming to well below 2°C above preindustrial levels and to pursue efforts to reach 1.5°C---which is especially relevant to Asia and the Pacific region given its vulnerability. This knowledge product highlights how robust policies on emissions trading systems (ETS) can be important tools in reducing GHG emissions in a cost-effective manner, as well as supporting the mobilization of finance together with deployment of innovative technologies. There are currently 17 ETSs in place in four continents and account for nearly 40% of global gross domestic product. In Asia and the Pacific region, there are 11 systems operating, with more being planned. The growing wealth of experience on ETSs can be valuable to support DMCs that are planning and designing new systems of their own. This knowledge product summarizes some of the most significant learning experiences to date and discusses some of the solutions to alleviate challenges that have been faced. It also examines the possibilities for future linked carbon markets in the region.
Book Synopsis Foundations for a Low-Carbon Energy System in China by : Henry Lee
Download or read book Foundations for a Low-Carbon Energy System in China written by Henry Lee and published by Cambridge University Press. This book was released on 2021-12-09 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change is a key problem of the 21st century. China, as the largest emitter of greenhouse gases, has committed to stabilize its current emissions and dramatically increase the share of electricity production from non-fossil fuels by 2030. However, this is only a first step: in the longer term, China needs to aggressively strive to reach a goal of zero-emissions. Through detailed discussions of electricity pricing, electric vehicle policies, nuclear energy policies, and renewable energy policies, this book reviews how near-term climate and energy policies can affect long-term decarbonization pathways beyond 2030, building the foundations for decarbonization in advance of its realization. Focusing primarily on the electricity sector in China - the main battleground for decarbonization over the next century – it provides a valuable resource for researchers and policymakers, as well as energy and climate experts.
Book Synopsis China’s Incomplete Military Transformation by : Michael S. Chase
Download or read book China’s Incomplete Military Transformation written by Michael S. Chase and published by Rand Corporation. This book was released on 2015-02-13 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Through extensive primary source analysis and independent analysis, this report seeks to answer a number of important questions regarding the state of China’s armed forces. The authors found that the PLA is keenly aware of its many weaknesses and is vigorously striving to correct them. Although it is only natural to focus on the PLA’s growing capabilities, understanding the PLA’s weaknesses—and its self-assessments—is no less important.
Book Synopsis The Impact of China's Carbon Emissions Trading Pilot on Firm's Earnings Per Share by : Suwan(Cheng) Long
Download or read book The Impact of China's Carbon Emissions Trading Pilot on Firm's Earnings Per Share written by Suwan(Cheng) Long and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In September 2011, the General Office of China's National Development and Reform Commission issued the Notice on the Pilot Project of Carbon Emissions Trading. Over the past decade, the carbon emission trading system (ETS) has gradually developed in China. Based on a quasi-natural experiment of China's carbon emission trading market pilot program, a PSM-DDD model is used to test the impact of the policy on the EPS of listed companies which is classified as key GHG emitters in the pilot region from 2009 to 2014, accurately evaluate the impact of the ETS policy, and compares it with the DID method. The empirical results show that the carbon trading pilot policy reduces the EPS of firms, which is due to the higher cost of meeting the emission reduction obligations and the purchase of carbon allowances.
