Designing the Regulatory Framework of an Emissions Trading Programme in China

Designing the Regulatory Framework of an Emissions Trading Programme in China PDF Author: Hao Zhang
Publisher:
ISBN:
Category :
Languages : en
Pages : 14

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Book Description
The goal of this article is to examine the underlying considerations of designing and establishing the regulatory framework of an emissions trading program in China after the National Development and Reform Commission initiated the emissions trading pilots in seven provinces and cities in 2011. The article provides the policy development context and discusses the findings through empirical work on the design features of an emissions trading program in Tianjin. The underlying considerations and constraints are analyzed as followed to set the basis for further research into the regulatory design of an emissions trading program in China.

Designing the Regulatory Framework of an Emissions Trading Programme in China

Designing the Regulatory Framework of an Emissions Trading Programme in China PDF Author: Hao Zhang
Publisher:
ISBN:
Category :
Languages : en
Pages : 14

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Book Description
The goal of this article is to examine the underlying considerations of designing and establishing the regulatory framework of an emissions trading program in China after the National Development and Reform Commission initiated the emissions trading pilots in seven provinces and cities in 2011. The article provides the policy development context and discusses the findings through empirical work on the design features of an emissions trading program in Tianjin. The underlying considerations and constraints are analyzed as followed to set the basis for further research into the regulatory design of an emissions trading program in China.

Design Elements of Emissions Trading Regulation in China's Pilot Programs

Design Elements of Emissions Trading Regulation in China's Pilot Programs PDF Author: Hao Zhang
Publisher:
ISBN:
Category :
Languages : en
Pages : 15

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Book Description
The article discusses China's emissions trading pilot programs that aim to reduce greenhouse gas emissions within the country and reflects on the roles of Chinese central and local governments in designing and implementing the emissions trading pilot program at local levels. It presents the emissions trading regulations in the European Union and in Australia to examine the regulatory challenges related to China's emissions programs.

Carbon Emissions Trading in China

Carbon Emissions Trading in China PDF Author: Qin Tianbao
Publisher: Edward Elgar Publishing
ISBN: 1788972945
Category : Law
Languages : en
Pages : 245

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Book Description
Emissions Trading Systems (ETS) have been hailed as a game changer for the evolving climate crisis. This book provides an in-depth analysis of China’s carbon ETS, including its legal and policy frameworks, carbon market mechanisms, and international and comparative implications.

China's Way to Carbon Emissions Reduction

China's Way to Carbon Emissions Reduction PDF Author: Ying Shen
Publisher: Kluwer Law International B.V.
ISBN: 9041160523
Category : Law
Languages : en
Pages : 466

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Book Description
Now that the most recent scientific estimates have shown that China has become the world's largest source of greenhouse gas emissions, China's influence on the world's environment and sustainable development highlights the importance of tailoring Chinese climate change law to conform with the requirements of international conventions and agreements on climate change. This thorough analysis, based on an examination of climate status, legal background, and current regulatory systems in China, examines the potential role of different policy instruments in reducing carbon emissions in order to find an appropriate choice for China, and recommends approaches to key issues for relevant authorities. The author conducts a comprehensive and in-depth study on the three mainstream environmental policy instruments used to control carbon emissions – the cap-and-trade system, the carbon tax, and command-and- control regulations – in a Chinese context. She reviews China's current policies, and elucidates how the issues of climate change and global warming call for social, environmental, economic, and legal reforms in China, especially in the areas of administrative law and property rights law. Among the issues and topics covered are the following: - key issues on designing and implementing each of the three policy instruments; - the choice of regulatory instruments for carbon emissions reduction in a socialist market economy based on the discussion of market failure and government failure theories; - legal challenges from China's current administrative legislation and the definition of carbon emissions entitlements; - practical effect of China's climate change policy at the national, provincial, and local levels; - effectiveness of China's implementation of its international obligations; - lessons learned from schemes implemented in the United States and Australia; - comparison of China's seven regional pilot emissions trading scheme (ETS) programmes with the well-established EU ETS; - linkage between China's ETS and other ETSs from a global perspective; and - future direction of an emerging carbon market in China. The analysis assesses the critical costs and benefits of each approach in the context of selected case studies, taking legal literature in the field fully into account. Given that the Chinese government is taking steps to reduce emissions by altering energy production and usage and is signalling a willingness to make similar commitments in a multilateral treaty, it is very timely and important for lawmakers and scholars, within and outside China, to think about new and appropriate regulatory measures to respond to the crisis and plan for a sustainable future. This study provides not only a useful benchmark for both China and other countries in formulating initiatives on enhancing climate protection, but also details the global implications for governments and for international organizations concerned with the understanding between China and the rest of the world in the context of climate change mitigation.

Emissions Trading Laws and Regulations in China's Pilot Programs

Emissions Trading Laws and Regulations in China's Pilot Programs PDF Author: Hao Zhang
Publisher:
ISBN:
Category : Climatic changes
Languages : en
Pages : 260

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Book Description


Key Issues on Designing and Implementing Emissions Trading System in China

Key Issues on Designing and Implementing Emissions Trading System in China PDF Author: Ying Shen
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The mitigation of carbon emissions has been the subject of gradual policy development in the international community during recent years. China, as the world's most populous and largest developing country, is a large greenhouse gas (GHG) emissions source that grows rapidly in line with its industrialisation and urbanisation. Extensive air pollution within China today, however, is endangering the lives of countless citizens and sapping the nation's economic vitality. In response, the Chinese government is considering adopting appropriate environmental policy instruments to mitigate emissions, among which emissions trading system (ETS) is of great concern. This article firstly makes a brief introduction to the status quo of China's emerging carbon market. In this context, two types of ETS are defined and a review of pilot programs on carbon emissions trading in part of China is provided. Before discussing the key elements on designing and implementing ETS in China, the methodology of a multi-criteria approach is explained in Section II, which is used to evaluate this market-based environmental policy instrument throughout the article. In order to develop a scientifically sound, economically rational and politically feasible ETS, key issues including the scope of cap's coverage, cap setting, system's point of regulation, allowance distribution methods as well as "cost-containment" mechanisms are identified and discussed in Section III. Finally, an outlook on ETS in China is provided as a brief conclusion on the basis of the above study.

Emissions, Pollutants and Environmental Policy in China

Emissions, Pollutants and Environmental Policy in China PDF Author: Bo Miao
Publisher: Routledge
ISBN: 1135115990
Category : Political Science
Languages : en
Pages : 218

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Book Description
As the world's biggest polluter, the environmental challenges that China faces in controlling its airborne emissions are crucial, not only to its own population in terms of tackling the severe domestic air pollution, but also to the planet as it faces calls from the international community to accept its responsibilities in cutting greenhouse gases. Deteriorating air quality clearly shows that China’s current environmental regime is unsuited to either tackle the rampant domestic air pollution or contribute fairly to international climate action. As such, this book explores the feasibility of applying a national emissions trading system to control multiple air pollutants in China. It begins with an outline of the existing emissions management system and goes onto explore whether a national emissions trading system is a viable choice to combat China’s conventional air pollutants. To this end, there is an in-depth analysis of the two pilot sulphur dioxide emissions trading programs in Taiyuan and Jiangsu, as well as an examination of emissions trading schemes in the US and EU. Finally, the book discusses the key design elements of a multi-pollutant cap-and-trade scheme that addresses both conventional air pollutants and greenhouse gasses. This book will be of great interest to students and scholars interested in the fields of environmental studies, Chinese politics and environmental law. It will also be invaluable to policy makers in the field.

China's Emission Trading System In The Transition To A Low-carbon Economy

China's Emission Trading System In The Transition To A Low-carbon Economy PDF Author: Shaozhou Qi
Publisher: World Scientific
ISBN: 9811279179
Category : Business & Economics
Languages : en
Pages : 474

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Book Description
This book integrates the theory and practice of carbon trading at home and abroad, focusing on major theoretical and practical issues of establishing an emissions trading scheme (ETS) in China during its transition to a low-carbon economy. First, a theoretical analysis of the relationship between the transformation of the low-carbon economy and ETS is presented. Second, policy design, institutional evolution, market operation and practical effects of the major global ETSs are systematically compared. Third, the theoretical basis, key points, modelling methods, computational simulation, policy options and operational steps for key institutional and designing of policy elements in China's ETS are analyzed individually. Finally, policy recommendations for the top-level design of China's ETS are proposed.

A Brief Overview of China’s ETS Pilots

A Brief Overview of China’s ETS Pilots PDF Author: Daiqing Zhao
Publisher: Springer
ISBN: 9811318883
Category : Science
Languages : en
Pages : 274

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Book Description
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.

Climate Change Law in China in Global Context

Climate Change Law in China in Global Context PDF Author: Xiangbai He
Publisher: Routledge
ISBN: 1351724479
Category : Law
Languages : en
Pages : 202

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Book Description
In Climate Change Law in China in Global Context, seven climate change law scholars explain how the country’s legal system is gradually being mobilized to support the reduction of greenhouse gas emissions in China and achieve adaptation to climate change. There has been little English scholarship on the legal regime for climate change in China. This volume addresses this gap in the literature and focuses on recent attempts by the country to build defences against the impacts of climate change and to meet the country’s international obligations on mitigation. The authors are not only interested in China’s laws on paper; rather, the book explains how these laws are implemented and integrated in practice and sheds light on China’s current laws, laws in preparation, the changing standing of law relative to policy, and the further reforms that will be necessary in response to the 2015 Paris Agreement on Climate Change. This comprehensive and critical account of the Chinese legal system’s response to the pressures of climate change will be an important resource for scholars of international law, environmental law, and Chinese law.