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September 28, 2025The Energy Journal

The Incremental Impact of China’s Carbon Trading Pilots on Carbon Abatement

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Authors

MLMei LuMPMichael G. PollittKWKe Wang

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Overview

Observational analysis reveals no additional carbon abatement from ETS pilots in China, suggesting ECCA-TRS as the main driver.

Key Points

  • No significant evidence found that carbon trading pilots enhanced carbon abatement overall, as per the study's results.
  • Carbon emissions trading system (ETS) pilots from 2006 to 2019 were evaluated using a triple-difference methodology.
  • The existing Energy Conservation and Carbon Abatement Target Responsibility System drives carbon abatement more effectively.
  • Further focus on non-covered sectors is needed to improve the efficiency of the emissions trading system.

Cite This Study

Lu et al. (2025) studied this question.

synapsesocial.com/papers/68d913b24ddcf71ba560bfa3https://doi.org/10.1177/01956574251367300
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