China's Emissions Trading Scheme Designing efficient allowance allocation
In 2017, the People's Republic of China (hereafter, "China") decided to implement a national emissions trading scheme (ETS) to limit and reduce CO2 emissions in a cost-effective manner. Set to start in 2020, the ETS will initially cover coal- and gas-fired power plants. It will alloca...
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| Format: | eBook |
| Language: | English |
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Paris
OECD Publishing
2020
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| Collection: | OECD Books and Papers - Collection details see MPG.ReNa |
| Summary: | In 2017, the People's Republic of China (hereafter, "China") decided to implement a national emissions trading scheme (ETS) to limit and reduce CO2 emissions in a cost-effective manner. Set to start in 2020, the ETS will initially cover coal- and gas-fired power plants. It will allocate allowances (also known as permits), based on the plant's generation output, with a different benchmark for each fuel and technology. China's ETS, set to expand to seven other sectors, will be the world's largest by far, covering one-seventh of global CO2 emissions from fossil-fuel combustion |
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| Physical Description: | 115 p |
| ISBN: | 9789264903616 |