Zhang, ZhongXiang - In: Environmental Economics and Policy Studies 17 (2015) 2, pp. 263-297
Putting a price on carbon is considered a crucial step for China’s endeavor of harnessing the market forces to reduce … its energy consumption and carbon emissions. Indeed, aligned with China’s grand experiment with low-carbon provinces and … market power of dominated players, use of offsets, and enforcement and compliance. This article explains why China turns to …