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China's ETS: A vote of confidence in carbon markets ahead of Paris. CEPS Commentary, 12 October 2015

Marcu, Andrei (2015) China's ETS: A vote of confidence in carbon markets ahead of Paris. CEPS Commentary, 12 October 2015. [Policy Paper]

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    Abstract

    In this CEPS commentary, Andrei Marcu welcomes the recent announcement by President Xi Jinping that China will start a national emissions trading scheme in 2017. Calling it a "genuine game changer" in the global climate talks, Marcu describes the decision as giving a much-needed boost to carbon markets and cap-and-trade as the preferred way forward for those economies that have the capacity, the depth and the breadth for a liquid carbon market.

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    Item Type: Policy Paper
    Uncontrolled Keywords: environment policy
    Subjects for non-EU documents: Countries > China
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Commentaries
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 14 Oct 2015 16:33
    Number of Pages: 3
    Last Modified: 14 Oct 2015 16:33
    URI: http://aei.pitt.edu/id/eprint/68476

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