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Carbon Reduction Policies: A Regional Comparison of Their Contributions to CO_2 Abatement in Six Carbon Trading Pilot Schemes in China

The contributions of carbon reduction policies were evaluated and compared for six carbon trading pilot schemes in China, in four municipalities(Beijing, Shanghai, Tianjin, and Chongqing) and two provinces(Guangdong and Hubei). The carbon emissions accounting method of the Intergovernmental Panel on...

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Published in:Atmospheric and oceanic science letters = Daqi-he-haiyang-kexue-kuaibao 2015, Vol.8 (4), p.233-237
Main Author: XIU Jin-Feng CHOU Jie-Ming DONG Wen-Jie YANG Zhi-Yong DAI Ru-Feng
Format: Article
Language:English
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Summary:The contributions of carbon reduction policies were evaluated and compared for six carbon trading pilot schemes in China, in four municipalities(Beijing, Shanghai, Tianjin, and Chongqing) and two provinces(Guangdong and Hubei). The carbon emissions accounting method of the Intergovernmental Panel on Climate Change was used to calculate the actual CO2 and the support vector machine model was used to predict CO2. Chinese carbon reduction policies abated CO2 in the six carbon trading pilot schemes after the comprehensive policies came into force. However, the contribution of policies to CO2 abatement varied among regions, and the effect of carbon reduction policy on municipality pilot schemes was greater than on provincial pilot schemes. The largest contribution of carbon reduction policy to CO2 abatement was 28.3%, for the pilot carbon trading scheme in Beijing, and the smallest contribution was 3.7%, for that in Hubei. It is crucial to consider "carbon leakage" and a carbon trading linking program in order to evaluate the effects of carbon reduction policies.
ISSN:1674-2834
2376-6123
DOI:10.1080/16742834.2015.11447265