Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10011890943
Using China’s regional carbon market pilots as a natural experiment, we examine the impacts of the emission trading system (ETS) on firms’ innovation and competitiveness. We show that the ETS directs innovation towards climate-friendly technologies; it increases the climate patent ratio by...
Persistent link: https://www.econbiz.de/10014260640
Persistent link: https://www.econbiz.de/10011972916
Persistent link: https://www.econbiz.de/10010371023
The international carbon market, specifically the Clean Development Mechanism (CDM) created by the Kyoto Protocol, is an important contributor to the breathtaking growth of renewable energy in China. Ever since its debut, it has been at the center of the policy debate whether the CDM achieves...
Persistent link: https://www.econbiz.de/10013074363
The People's Republic of China, Japan, and the Republic of Korea have launched individual emission trading schemes to control greenhouse gas emissions cost-effectively. This paper reviews key carbon market design elements in the three countries in terms of emission allowances, covered sectors,...
Persistent link: https://www.econbiz.de/10012911287
In the 2009 Copenhagen Accord, China agreed to slash its carbon intensity (carbon dioxide emissions/GDP) by 40% to 45% from the 2005 level by 2020. We assess whether China can achieve the target under the business-as-usual scenario by forecasting its emissions from energy consumption. Our...
Persistent link: https://www.econbiz.de/10013062386
Persistent link: https://www.econbiz.de/10012258319
Persistent link: https://www.econbiz.de/10011974609