Imagining the Big from the Small – An Analysis of the Chinese Carbon Emission Trading System Pilot Programs

Wang, Yuzheng


  • This thesis analyzed China’s ETS pilot project with the purpose of informing the design of the national market. The result indicates that each local government has taken innovative and solid steps toward building an ETS market. The diversity in market design and features demonstrated how local governments experimented with local characteristics. Despite the effort, the result also found that the ... read more
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