Skip to main content
  • Book
  • © 2019

A Brief Overview of China’s ETS Pilots

Deconstruction and Assessment of Guangdong’s Greenhouse Gas Emission Trading Mechanism

  • Gives a detailed introduction and comprehensive description of Guangdong ETS, the biggest pilot ETS of China
  • Describes the decomposed Chinese pilot ETS design and barrier in operation
  • Assesses the efficiency and impact of Guangdong ETS by usage of CGE, DEA, CBA model

Buy it now

Buying options

eBook USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

This is a preview of subscription content, log in via an institution to check for access.

Table of contents (10 chapters)

  1. Front Matter

    Pages i-xx
  2. Introduction

    • Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 1-10
  3. Global ETS Operation and Their Merits and Demerits

    • Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 11-36
  4. Overview of Chinese Pilots ETS and Characteristics

    • Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 37-62
  5. Guangdong Carbon Emissions Status Quo and Main Characteristics

    • Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 63-81
  6. Guangdong Pilot ETS Coverage Scope and Allowances

    • Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 83-101
  7. Guangdong Pilot ETS Allowances Allocation Mechanism

    • Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 103-125
  8. Emissions Monitoring, Reporting and Verification

    • Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 127-151
  9. Development Track and Policy Context of Guangdong Carbon Market

    • Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 153-168
  10. Micro-impact Assessment of Guangdong ETS

    • Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 169-194
  11. Impact of Guangdong ETS on Macroeconomy

    • Daiqing Zhao, Wenjun Wang, Zhigang Luo
    Pages 195-215
  12. Back Matter

    Pages 217-261

About this book

This book systematically introduces readers to the framework of China’s ETS pilots, exploring their design and operating process, the current state of the carbon market, and various barriers encountered. To do so, it deconstructs the Guangdong ETS, which is the largest and most representative of China’s seven ETS pilots. The book subsequently describes and evaluates all seven pilots in terms of their efficiency, macro and micro effects, the method involved in the DEA model, the CGE model, and cost-benefit analysis. In turn, in the assessment section it demonstrates how some ETS pilots have failed to control carbon emissions due to inordinately high emissions quotas issued by the local government etc. Further, it argues that ETS should focus on those industries with large emissions and high mitigating potential for the time being, and then gradually expand the scale of its coverage.

As China’s national ETS is slated for launch on the basis of the lessons learned from the ETS pilots, the book offers a timely and valuable resource for all those who want to understand and forecast the development of China’s ETS. It includes a wealth of descriptions and explanations of Chinese government policies involving carbon emissions control, making it a unique resource.


Authors and Affiliations

  • Guangzhou Institute of Energy Conversion, Chinese Academy of Sciences, Guangzhou, China

    Daiqing Zhao, Wenjun Wang, Zhigang Luo

Bibliographic Information

Buy it now

Buying options

eBook USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access