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Cited by 284

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How does emission trading reduce China's carbon intensity? An exploration using a decomposition and difference-in-differences approach

Zhou, Bo, Zhang, Cheng, Song, Haiying, Wang, Qunwei·2019·Science of The Total Environment

Abstract

Emission trading is a market-driven method to more quickly reduce carbon intensity, and has been widely used in countries with significant carbon emissions. In 2013, the Chinese government established pilot carbon emission trading programs in seven provinces. However, there is incomplete research on the effect and influencing channels of emission trading on carbon intensity reduction. To explore these problems, this study conducted an empirical analysis, using a decomposition and difference-in-differences approach. The main conclusions are as follows: (1) Overall, China's emission trading pilots have driven a significant decline in the carbon intensity, resulting in an average annual decline of approximately 0.026 tons/10,000 yuan in the pilot provinces. (2) In the sample period, emission trading pilots had a sustained and stable effect on carbon intensity with no time lag. (3) Emission trading pilots reduce the carbon intensity by adjusting the industrial structure. In contrast, energy structure and energy intensity channels have not yet been realized.

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Metadata

Authors
Zhou, B., Zhang, C., Song, H., & Wang, Q.
Venue
Science of The Total Environment
Publisher
Elsevier BV
Published
2019-08
Volume
676
Pages
514-523
ISSN
0048-9697 (ISSN-L)
OpenAlex
W2941384101
Cited by
284
References
2
FWCI
42.70
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: How does emission trading reduce China's carbon intensity? An exploration using a decomposition and difference-in-differences approach. https://app.cochat.ai/papers/10.1016/j.scitotenv.2019.04.303
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Zhou, B., Zhang, C., Song, H., & Wang, Q. (2019). How does emission trading reduce China's carbon intensity? An exploration using a decomposition and difference-in-differences approach. Science of The Total Environment. https://doi.org/10.1016/j.scitotenv.2019.04.303

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.