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Journal Article

Market-based Climate Policy in China? The Case of Emissions Trading Systems

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Baark,  Erik
External, Max Planck Institute for the History of Science, Max Planck Society;

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Citation

Baark, E. (2019). Market-based Climate Policy in China? The Case of Emissions Trading Systems. East Asian Policy, 11(4), 42-55. doi:10.1142/S1793930519000369.


Cite as: https://hdl.handle.net/21.11116/0000-000A-D728-7
Abstract
China recognises the need to reduce carbon emissions in order to avoid negative consequences from climate change in the future. Therefore, the Chinese government initiated seven emissions trading system (ETS) pilots in 2013 and began to develop China’s national ETS in 2017. However, Chinese efforts to implement ETS have encountered legal, institutional and political issues that must be solved so that a national ETS could help to mitigate emissions in China.