Low-carbon innovation induced by emissions trading in China

It is unclear what opportunities for policy evaluation can be created by various independent Emission Trading Scheme (ETS). Here the authors presented the firm-level evidence of policy effects directly from emissions trading and differential program designs in China and find that China’s pilots larg...

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Enregistré dans:
Détails bibliographiques
Auteurs principaux: Junming Zhu, Yichun Fan, Xinghua Deng, Lan Xue
Format: article
Langue:EN
Publié: Nature Portfolio 2019
Sujets:
Q
Accès en ligne:https://doaj.org/article/fb5e852abdde4f6793df4be6bcc47a49
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Résumé:It is unclear what opportunities for policy evaluation can be created by various independent Emission Trading Scheme (ETS). Here the authors presented the firm-level evidence of policy effects directly from emissions trading and differential program designs in China and find that China’s pilots largely induced low-carbon innovation of ETS firms without crowding out other technology innovation.