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Business participation in the development of a Chinese emission trading scheme

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  • Lo, Alex Y.
  • Chen, Kang

Abstract

Businesses are often involved in climate change governance and form networks to influence policy. They are evidently important for the implementation of market-based emission trading schemes and their general role has been widely discussed. However, there is a variety of business networks, and their specific structures and organizing styles are poorly understood, particularly in the non-Western context. This study identifies the ways in which one of these networks was organized and performed a governing function in the development of an emission trading scheme in China. We found that the policy development was neither highly top-down nor bottom-up, and business participation was hierarchical. Key governing roles were effectively performed by a small group of collaborating business organizations, which were essentially public-private hybrid actors and able to build linkages between the top and the bottom levels. The findings indicate the decisive qualitative differences in business leadership in the development of market-based policy.

Suggested Citation

  • Lo, Alex Y. & Chen, Kang, 2020. "Business participation in the development of a Chinese emission trading scheme," Energy Policy, Elsevier, vol. 140(C).
    • Handle: RePEc:eee:enepol:v:140:y:2020:i:c:s0301421520301853
    DOI: 10.1016/j.enpol.2020.111432
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    2. Wu, Qunli & Ma, Zhe & Meng, Fanxing, 2022. "Long-term impacts of carbon allowance allocation in China: An IC-DCGE model optimized by the hypothesis of imperfectly competitive market," Energy, Elsevier, vol. 241(C).

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