Zhang, ZhongXiang - Fondazione ENI Enrico Mattei (FEEM) - 2015
Putting a price on carbon is considered a crucial step for China’s endeavor of harnessing the market forces to reduce … issues such as the coverage of sectors, allocation of allowances, price uncertainty and market stabilization, potential … market power of dominated players, use of offsets, and enforcement and compliance. This article explains why China turns to …