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Author: Hao Zhang
Publisher:
ISBN:
Category : Climatic changes
Languages : en
Pages : 260
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Book Description
Author: Hao Zhang
Publisher:
ISBN:
Category : Climatic changes
Languages : en
Pages : 260
Get Book Here
Book Description
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.
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.
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.
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.
Author: Hao Zhang
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
This report analyses the influence of the design features of China's pilot emissions trading systems (ETS) in the Province of Hubei and the Municipal City of Shenzhen and the development of the electricity markets on the quality of the carbon price signal. Based on publicly available data and expert interviews, we derive four main findings on the impact of carbon market design and the electricity market structure on the quality of the allowances price. First, the pilot ETS in Hubei and Shenzhen have adopted very different design features due to the specific local circumstances and both pilot programs are designed to strike a balance between emissions reduction and economic development. Second, despite the overall completeness of the design features, the pilot ETS in Hubei and Shenzhen and the allowance prices are affected by the lack of clarity and enforcement of certain rules, as well as limited support from the central government. Third, due to strong government regulation of China's electricity sector, including the electricity markets in Hubei and Shenzhen, carbon pricing has played a very limited role in driving low carbon investments. Finally, the electricity sector reform since 2015 has led to the adoption of some ambitious plans to deregulate electricity pricing for certain end-users and establish a more market-oriented electricity trading market, which will create a level-playing field for carbon pricing. However, there are signs that the reform process has been guided by the political agenda to reduce electricity prices in the short term and thus the effectiveness of China's ETS in internalizing the carbon cost in the future will depend on the political acceptability of electricity price increases resulting from the strong carbon price signal. This case study is part of the project “Influence of market structures and market regulation on the carbon market” that aims to investigate the interdependencies between carbon and energy markets in Europe, California, China, South Korea, and Mexico.
Author: ZhongXiang Zhang
Publisher:
ISBN:
Category :
Languages : en
Pages : 37
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Book Description
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.
Author: ZhongXiang Zhang
Publisher:
ISBN:
Category :
Languages : en
Pages : 8
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Book Description
The Chinese government has approved seven pilot carbon trading schemes. These pilot regions are deliberately selected to be at varying stages of development and are given considerable leeway to design their own schemes. These schemes have features in common, but vary considerably in their approach to a variety of issues, such as the coverage of sectors, allocation of allowances, price uncertainty, and enforcement and compliance. This article examines key features and compliance of China's carbon trading pilots, lessons learned in the pilots, and the transition from the pilots to a national carbon trading scheme. Insights offered into the design, implementation and compliance of China's carbon trading pilots and potential pathways help make these pilots work reliably and effectively and smooth the transition from the pilots to a national carbon trading scheme.
Author: Ronghui (Kevin) Zhou
Publisher:
ISBN:
Category : Carbon dioxide mitigation
Languages : en
Pages : 0
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Book Description
China, the largest carbon dioxide emitter in the world, has faced environmental pressures both internationally and domestically over the last ten years. In early 2011, the Chinese government approved a carbon emissions trading program in seven cities and provinces, and started planning a national emissions trading framework. This thesis reviews these pilot programs and examines the issues that underlie them. Drawing lessons from the U.S. Acid Rain Program, the European Union’s ETS, and California’s CAT, the three largest emissions trading frameworks in the world, I find that: (1) lack of trades in China’s pilot programs is a consequence of permit over allocation; (2) lack of stringent regulations and penalties have caused low compliance rates and biased data quality; and (3) the secondary market has low liquidity and permit prices do not imply true values. Based on these results, I suggest using benchmarking and auctions instead of free distribution to allocate permits to prevent loopholes and over-allocation. Further, I suggest that the regulatory agency should enforce stringent rules on quality data and encourage transparency by creating a publicly trackable online database.
