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220928 ||| eng |
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|a 9789264903616
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245 |
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|a China's Emissions Trading Scheme
|h Elektronische Ressource
|b Designing efficient allowance allocation
|c International Energy Agency
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260 |
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|a Paris
|b OECD Publishing
|c 2020
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300 |
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|a 115 p
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653 |
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|a China, People's Republic
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653 |
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|a Energy
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|a International Energy Agency
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|a eng
|2 ISO 639-2
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|b OECD
|a OECD Books and Papers
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|a /10.1787/e0f664f3-en
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|a oecd-ilibrary.org
|u https://doi.org/10.1787/e0f664f3-en
|x Verlag
|3 Volltext
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|a 333
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|a 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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