Research on the Impact of China's Carbon Emission Rights Trading Pilot Policies on Regional Carbon Emissions

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Analysis shows carbon trading policy reduces carbon emissions by 13.2% across provinces, suggesting pathways for low-carbon growth.

Implementation of carbon trading policy significantly reduces carbon emission intensity by 13.2%, enhancing sustainable practices.
The projected environmental benefits of this reduction range between 263.68 billion yuan to 133.88 billion yuan, indicating substantial financial savings.
Panel data analysis from 2005 to 2021 using the DID method revealed notable emission reductions, primarily through green tech advancements.
Findings highlight the disproportionately significant effects in western regions, necessitating tailored strategies for continued improvement.

Wei Xiong (2025) studied this question.

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