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篇目详细内容 |
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【篇名】 |
Carbon emission trading system of China: a linked market vs. separated markets |
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【刊名】 |
Frontiers of Earth Science |
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【刊名缩写】 |
Front. Earth Sci |
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【ISSN】 |
2095-0195 |
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【EISSN】 |
2095-0209 |
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【DOI】 |
10.1007/s11707-013-0385-8 |
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【出版社】 |
Higher Education Press and Springer-Verlag Berlin
Heidelberg |
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【出版年】 |
2013 |
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【卷期】 |
7
卷4期 |
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【页码】 |
465-479
页,共
15
页 |
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【作者】 |
Yu LIU;
Shenghao FENG;
Songfeng CAI;
Yaxiong ZHANG;
Xiang ZHOU;
Yanbin CHEN;
Zhanming CHEN;
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【关键词】 |
linked market; carbon emission trade; SinoTERMCo2 |
【摘要】 |
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The Chinese government intends to upgrade its current provincial carbon emission trading pilots to a nationwide scheme by 2015. This study investigates two of scenarios: separated provincial markets and a linked inter-provincial market. The carbon abatement effects of separated and linked markets are compared using two pilot provinces of Hubei and Guangdong based on a computable general equilibrium model termed SinoTERMCo2. Simulation results show that the linked market can improve social welfare and reduce carbon emission intensity for the nation as well as for the Hubei-Guangdong bloc compared to the separated market. However, the combined system also distributes welfare more unevenly and thus increases social inequity. On the policy ground, the current results suggest that a well-constructed, nationwide carbon market complemented with adequate welfare transfer policies can be employed to replace the current top-down abatement target disaggregation practice. |
