China’s Carbon Markets: Prospects and institutional barriers

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Author(s)
Lo, Alex
Griffith University Author(s)
Year published
2014
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The potential scale of China's emission trading schemes has raised prospects for a regional carbon trading network. However, the Chinese carbon markets rest upon a unique political-economic context and institutional environment that are likely to limit their development and viability. This article offers an overview of such structural economic and political constraints, and discusses the main challenges to the development of carbon markets in China. It is based on an extensive review of official policy documents, published research papers, and relevant news reports. The article is divided into two main sections. The ...
View more >The potential scale of China's emission trading schemes has raised prospects for a regional carbon trading network. However, the Chinese carbon markets rest upon a unique political-economic context and institutional environment that are likely to limit their development and viability. This article offers an overview of such structural economic and political constraints, and discusses the main challenges to the development of carbon markets in China. It is based on an extensive review of official policy documents, published research papers, and relevant news reports. The article is divided into two main sections. The first one elaborates on the national policy context in which China's carbon market and pilot ETSs are situated. The second explains the structural hurdles to the development of domestic carbon markets. Implications are discussed in the conclusions.
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View more >The potential scale of China's emission trading schemes has raised prospects for a regional carbon trading network. However, the Chinese carbon markets rest upon a unique political-economic context and institutional environment that are likely to limit their development and viability. This article offers an overview of such structural economic and political constraints, and discusses the main challenges to the development of carbon markets in China. It is based on an extensive review of official policy documents, published research papers, and relevant news reports. The article is divided into two main sections. The first one elaborates on the national policy context in which China's carbon market and pilot ETSs are situated. The second explains the structural hurdles to the development of domestic carbon markets. Implications are discussed in the conclusions.
View less >
Conference Title
Australia New Zealand Society for Ecological Economics 2013 Conference Proceedings
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Copyright Statement
© The Author(s) 2014. The attached file is reproduced here in accordance with the copyright policy of the publisher. For information about this conference please refer to the conference’s website or contact the author.
Subject
Environmental Politics
Ecological Economics