Cited by 65Climate Change Policy and EconomicsEnergy, Environment, Economic GrowthRenewable energy and sustainable power systems

Unintended consequences of cap-and-trade? Evidence from the Regional Greenhouse Gas Initiative

Chan, Nathan W., Morrow, John W.·2019·Energy Economics

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Crossref · 10.1016/j.eneco.2019.01.007

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3 of 3 references verified0 citation errors · 0 not checkable

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  • The performance of China's regional pilot ETSs is far below that (19-24%) of the Regional Greenhouse Gas Initiative (RGGI), nearing that (7-12%) of the European Union Emissions Trading System (EU ETS), almost equals to that (5-7%) of the Tokyo ETS, and being superior to the California ETS.

    “This performance is far below that (19–24%) of the Regional Greenhouse Gas Initiative (RGGI),55,56 nearing that (7–12%) of the European Union Emissions Trading System (EU ETS),57,58 almost equals to that (5–7%) of the Tokyo ETS,59,60 and being superior to the California ETS.61,62”
  • The finding is consistent with two previous studies on China's regional ETSs, and the comparison of the industry-based RGGI and the EU ETS with the service-based Tokyo ETS shows similar result.

    “The finding is consistent with two previous studies on China’s regional ETSs,35,39 and the comparison of the industry-based RGGI and the EU ETS with the service-based Tokyo ETS shows similar result,55,57,59”

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Authors
Chan, N. W., & Morrow, J. W.
Affiliations
  • University of Massachusetts Amherst (US)
  • TD Bank (US)
Corresponding author
Chan, Nathan W.
Venue
Energy Economics
Publisher
Elsevier BV
Published
2019-05
Volume
80
Pages
411-422
ISSN
0140-9883 (ISSN-L)
OpenAlex
W2914228139
Cited by
65
References
3
Citations by year
2026: 7 · 2025: 14 · 2024: 9 · 2023: 13 · 2022: 10 · 2021: 6 · 2020: 6
FWCI
6.87
Type
journal article
Language
en
Open access
closed
Locations
  • Energy Economics (publishedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
Topics
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Climate Change Policy and Economics
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Energy, Environment, Economic Growth
  • Physical Sciences › Energy › Renewable Energy, Sustainability and the Environment › Renewable energy and sustainable power systems
Keywords
emissions trading, Regional Greenhouse Gas Initiative, CO2 emissions, sulfur dioxide emissions, unintended consequences, emissions leakage, marginal damage, power plant emissions, air quality policy

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