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...

This paper critically questions the legal and economic foundation of price regulation under the European Union (EU) and Chinese Emissions Trading Schemes (ETS). In 2018, the EU adopted a structural reform of the ETS with the objective of increasing and stabilising carbon prices. This reform...

The goal of this paper is to examine the role and effectiveness of the PRC's Renewable Energy Law (REL). It starts by providing a brief outline of the REL in China and notes that the formulation of the mechanisms in some cases is not very clear or precise. The article critically examines the...

Recent literature describing climate change governance at the international level emphasizes the need for more comprehensive domestic action to reduce carbon emissions. To date, China’s voluntary carbon reduction schemes indicate a more centralized approach in collaboration at the ministerial...