Analysis on the Emission Reduction Effect of China's Carbon Trading Policy—Research on pilot policies based on carbon emissions trading

QinRun Yu

doi:10.54691/bcpbm.v31i.2559

Authors

QinRun Yu

DOI:

https://doi.org/10.54691/bcpbm.v31i.2559

Keywords:

Two-Carbon Goal, Carbon trading pilot, Differences-in-Differences, the net policy effect.

Abstract

With the development of industrialization, environmental problems have attracted much attention. In response to this problem, China has proposed a "dual carbon" goal: basically all regions will achieve "carbon peak" by 2030, and basically all regions will achieve "carbon neutrality" by 2060. This paper attempts to study whether the pilot carbon trading policy has really contributed to the emission reduction work in the region and the research results show that the implementation of carbon trading policies will have a positive impact on energy conservation and emission reduction in regions, which also means that further expansion and development of the carbon trading market is important for the realization of our country's "dual carbon" goal. It is very necessary; only by further upgrading and improving our country's carbon trading market can we ensure the smooth progress of energy conservation and emission reduction in the future.

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