Has the Emissions Trading Scheme (ETS) promoted the end-of-pipe emissions reduction? Evidence from China's residents
Author
Abstract
Suggested Citation
DOI: 10.1016/j.energy.2023.127665
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Xu, Yingying & Salem, Sultan, 2021. "Explosive behaviors in Chinese carbon markets: are there price bubbles in eight pilots?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 145(C).
- Reinders, A. H. M. E. & Vringer, K. & Blok, K., 2003. "The direct and indirect energy requirement of households in the European Union," Energy Policy, Elsevier, vol. 31(2), pages 139-153, January.
- Zhou, Bo & Zhang, Cheng & Wang, Qunwei & Zhou, Dequn, 2020. "Does emission trading lead to carbon leakage in China? Direction and channel identifications," Renewable and Sustainable Energy Reviews, Elsevier, vol. 132(C).
- Fatemeh Nazifi, 2016. "The pass-through rates of carbon costs on to electricity prices within the Australian National Electricity Market," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 18(1), pages 41-62, January.
- Lin, Boqiang & Jia, Zhijie, 2020. "Does the different sectoral coverage matter? An analysis of China's carbon trading market," Energy Policy, Elsevier, vol. 137(C).
- Kelly Sims Gallagher & Fang Zhang & Robbie Orvis & Jeffrey Rissman & Qiang Liu, 2019. "Assessing the Policy gaps for achieving China’s climate targets in the Paris Agreement," Nature Communications, Nature, vol. 10(1), pages 1-10, December.
- Bin, Shui & Dowlatabadi, Hadi, 2005. "Consumer lifestyle approach to US energy use and the related CO2 emissions," Energy Policy, Elsevier, vol. 33(2), pages 197-208, January.
- Cai, Xiqian & Lu, Yi & Wu, Mingqin & Yu, Linhui, 2016. "Does environmental regulation drive away inbound foreign direct investment? Evidence from a quasi-natural experiment in China," Journal of Development Economics, Elsevier, vol. 123(C), pages 73-85.
- Zhen, Wei & Zhong, Zhangqi & Wang, Yichen & Miao, Lu & Qin, Quande & Wei, Yi-Ming, 2019. "Evolution of urban household indirect carbon emission responsibility from an inter-sectoral perspective: A case study of Guangdong, China," Energy Economics, Elsevier, vol. 83(C), pages 197-207.
- repec:diw:diwwpp:dp708 is not listed on IDEAS
- Sijm, Jos & Chen, Yihsu & Hobbs, Benjamin F., 2012. "The impact of power market structure on CO2 cost pass-through to electricity prices under quantity competition – A theoretical approach," Energy Economics, Elsevier, vol. 34(4), pages 1143-1152.
- Yu, Shiwei & Zheng, Shuhong & Li, Xia & Li, Longxi, 2018. "China can peak its energy-related carbon emissions before 2025: Evidence from industry restructuring," Energy Economics, Elsevier, vol. 73(C), pages 91-107.
- Zachmann, Georg & von Hirschhausen, Christian, 2008.
"First evidence of asymmetric cost pass-through of EU emissions allowances: Examining wholesale electricity prices in Germany,"
Economics Letters, Elsevier, vol. 99(3), pages 465-469, June.
- Georg Zachmann & Christian von Hirschhausen, 2007. "First Evidence of Asymmetric Cost Pass-through of EU Emissions Allowances: Examining Wholesale Electricity Prices in Germany," Discussion Papers of DIW Berlin 708, DIW Berlin, German Institute for Economic Research.
- Georg Zachmann & Christian von Hirschhausen, 2007. "First Evidence of Asymmetric Cost Pass-Through of EU Emissions Allowances: Examining Wholesale Electricity Prices in Germany," Working Papers 0710, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
- Zhang, Shengling & Wang, Yao & Hao, Yu & Liu, Zhiwei, 2021. "Shooting two hawks with one arrow: Could China's emission trading scheme promote green development efficiency and regional carbon equality?," Energy Economics, Elsevier, vol. 101(C).
- Chen, Zhongfei & Zhang, Xiao & Chen, Fanglin, 2021. "Do carbon emission trading schemes stimulate green innovation in enterprises? Evidence from China," Technological Forecasting and Social Change, Elsevier, vol. 168(C).
- Jos Sijm & Karsten Neuhoff & Yihsu Chen, 2006.
"CO 2 cost pass-through and windfall profits in the power sector,"
Climate Policy, Taylor & Francis Journals, vol. 6(1), pages 49-72, January.
- Sijm, J. & Neuhoff, K. & Chen, Y., 2006. "CO2 cost pass through and windfall profits in the power sector," Cambridge Working Papers in Economics 0639, Faculty of Economics, University of Cambridge.
- Jos Sijm & Karsten Neuhoff & Yihsu Chen, 2006. "CO2 cost pass through and windfall profits in the power sector," Working Papers EPRG 0617, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Zhang, Weijie & Zhang, Ning & Yu, Yanni, 2019. "Carbon mitigation effects and potential cost savings from carbon emissions trading in China's regional industry," Technological Forecasting and Social Change, Elsevier, vol. 141(C), pages 1-11.
- Wang, M. & Zhou, P., 2017. "Does emission permit allocation affect CO2 cost pass-through? A theoretical analysis," Energy Economics, Elsevier, vol. 66(C), pages 140-146.
- Wei, Yi-Ming & Liu, Lan-Cui & Fan, Ying & Wu, Gang, 2007. "The impact of lifestyle on energy use and CO2 emission: An empirical analysis of China's residents," Energy Policy, Elsevier, vol. 35(1), pages 247-257, January.
- Golley, Jane & Meng, Xin, 2012. "Income inequality and carbon dioxide emissions: The case of Chinese urban households," Energy Economics, Elsevier, vol. 34(6), pages 1864-1872.
- Jiang, Kai & Ashworth, Peta & Zhang, Shiyi & Liang, Xi & Sun, Yan & Angus, Daniel, 2020. "China's carbon capture, utilization and storage (CCUS) policy: A critical review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 119(C).
- Dominik Wiedenhofer & Dabo Guan & Zhu Liu & Jing Meng & Ning Zhang & Yi-Ming Wei, 2017.
"Unequal household carbon footprints in China,"
Nature Climate Change, Nature, vol. 7(1), pages 75-80, January.
- Dominik Wiedenhofer & Dabo Guan & Zhu Liu & Jing Meng & Zhang, Ning & Wei, Yi-Ming, "undated". "Unequal household carbon footprints in China," Working Paper 512821, Harvard University OpenScholar.
- Qu, Jiansheng & Zeng, Jingjing & Li, Yan & Wang, Qin & Maraseni, Tek & Zhang, Lihua & Zhang, Zhiqiang & Clarke-Sather, Abigail, 2013. "Household carbon dioxide emissions from peasants and herdsmen in northwestern arid-alpine regions, China," Energy Policy, Elsevier, vol. 57(C), pages 133-140.
- Meleo, Linda & Nava, Consuelo R. & Pozzi, Cesare, 2016. "Aviation and the costs of the European Emission Trading Scheme: The case of Italy," Energy Policy, Elsevier, vol. 88(C), pages 138-147.
- Junming Zhu & Yichun Fan & Xinghua Deng & Lan Xue, 2019. "Low-carbon innovation induced by emissions trading in China," Nature Communications, Nature, vol. 10(1), pages 1-8, December.
- Rehfeldt, M. & Worrell, E. & Eichhammer, W. & Fleiter, T., 2020. "A review of the emission reduction potential of fuel switch towards biomass and electricity in European basic materials industry until 2030," Renewable and Sustainable Energy Reviews, Elsevier, vol. 120(C).
- Jiangyue Joy Ying & Benjamin K. Sovacool, 2021. "A fair trade? Expert perceptions of equity, innovation, and public awareness in China’s future Emissions Trading Scheme," Climatic Change, Springer, vol. 164(3), pages 1-23, February.
- Zhang, Peng & Yin, Guangzhi & Duan, Maosheng, 2020. "Distortion effects of emissions trading system on intra-sector competition and carbon leakage: A case study of China," Energy Policy, Elsevier, vol. 137(C).
- Li, Hongbin & Zhou, Li-An, 2005. "Political turnover and economic performance: the incentive role of personnel control in China," Journal of Public Economics, Elsevier, vol. 89(9-10), pages 1743-1762, September.
- Nelson, Tim & Kelley, Simon & Orton, Fiona, 2012. "A literature review of economic studies on carbon pricing and Australian wholesale electricity markets," Energy Policy, Elsevier, vol. 49(C), pages 217-224.
- Zhu, Qin & Peng, Xizhe & Wu, Kaiya, 2012. "Calculation and decomposition of indirect carbon emissions from residential consumption in China based on the input–output model," Energy Policy, Elsevier, vol. 48(C), pages 618-626.
- Zhi-Fu Mi & Yi-Ming Wei & Bing Wang & Jing Meng & Zhu Liu & Yuli Shan & Jingru Liu & Dabo Guan, 2017. "Socioeconomic impact assessment of China's CO2 emissions peak prior to 2030," CEEP-BIT Working Papers 103, Center for Energy and Environmental Policy Research (CEEP), Beijing Institute of Technology.
- Alexeeva-Talebi, Victoria, 2011. "Cost pass-through of the EU emissions allowances: Examining the European petroleum markets," Energy Economics, Elsevier, vol. 33(S1), pages 75-83.
- Liu, Shangwei & Tian, Xin & Cai, Wenjia & Chen, Weiqiang & Wang, Yafei, 2018. "How the transitions in iron and steel and construction material industries impact China’s CO2 emissions: Comprehensive analysis from an inter-sector linked perspective," Applied Energy, Elsevier, vol. 211(C), pages 64-75.
- Cao, Jing & Ho, Mun S. & Ma, Rong & Teng, Fei, 2021. "When carbon emission trading meets a regulated industry: Evidence from the electricity sector of China," Journal of Public Economics, Elsevier, vol. 200(C).
- Venmans, Frank, 2012. "A literature-based multi-criteria evaluation of the EU ETS," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(8), pages 5493-5510.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Xiao Liu & Yue Zhu, 2024. "Research on the Impact Mechanism of ETS on Green Innovation in China’s High-Carbon Industries: A Perspective of Enterprise Heterogeneity," Sustainability, MDPI, vol. 16(20), pages 1-18, October.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Wang, M. & Zhou, P., 2017. "Does emission permit allocation affect CO2 cost pass-through? A theoretical analysis," Energy Economics, Elsevier, vol. 66(C), pages 140-146.
- Xin Li & Xiaoqiong He & Xiyu Luo & Xiandan Cui & Minxi Wang, 2020. "Exploring the characteristics and drivers of indirect energy consumption of urban and rural households from a sectoral perspective," Greenhouse Gases: Science and Technology, Blackwell Publishing, vol. 10(5), pages 907-924, October.
- Nazifi, Fatemeh & Trück, Stefan & Zhu, Liangxu, 2021. "Carbon pass-through rates on spot electricity prices in Australia," Energy Economics, Elsevier, vol. 96(C).
- Rui Huang & Shaohui Zhang & Changxin Liu, 2018. "Comparing Urban and Rural Household CO 2 Emissions—Case from China’s Four Megacities: Beijing, Tianjin, Shanghai, and Chongqing," Energies, MDPI, vol. 11(5), pages 1-17, May.
- Xinkuo Xu & Liyan Han, 2017. "Diverse Effects of Consumer Credit on Household Carbon Emissions at Quantiles: Evidence from Urban China," Sustainability, MDPI, vol. 9(9), pages 1-25, September.
- Yuan, Baolong & Ren, Shenggang & Chen, Xiaohong, 2015. "The effects of urbanization, consumption ratio and consumption structure on residential indirect CO2 emissions in China: A regional comparative analysis," Applied Energy, Elsevier, vol. 140(C), pages 94-106.
- Pawel Maryniak & Stefan Trueck & Rafal Weron, 2016. "Carbon pricing, forward risk premiums and pass-through rates in Australian electricity futures markets," HSC Research Reports HSC/16/10, Hugo Steinhaus Center, Wroclaw University of Science and Technology.
- Joltreau, Eugénie & Sommerfeld, Katrin, 2016.
"Why does emissions trading under the EU ETS not affect firms' competitiveness? Empirical findings from the literature,"
ZEW Discussion Papers
16-062, ZEW - Leibniz Centre for European Economic Research.
- Joltreau, Eugénie & Sommerfeld, Katrin, 2017. "Why Does Emissions Trading under the EU ETS Not Affect Firms' Competitiveness? Empirical Findings from the Literature," IZA Discussion Papers 11253, Institute of Labor Economics (IZA).
- Chen, Zhe & Chen, Yan-ling & Su, Yue & Wang, Xue-ying & Wu, You, 2023. "The CO2 cost pass-through in nonlinear emission trading schemes," Journal of Commodity Markets, Elsevier, vol. 30(C).
- Maryniak, Paweł & Trück, Stefan & Weron, Rafał, 2019. "Carbon pricing and electricity markets — The case of the Australian Clean Energy Bill," Energy Economics, Elsevier, vol. 79(C), pages 45-58.
- Li, Jun & Zhang, Dayong & Su, Bin, 2019. "The Impact of Social Awareness and Lifestyles on Household Carbon Emissions in China," Ecological Economics, Elsevier, vol. 160(C), pages 145-155.
- Lina Liu & Jiansheng Qu & Afton Clarke-Sather & Tek Narayan Maraseni & Jiaxing Pang, 2017. "Spatial Variations and Determinants of Per Capita Household CO 2 Emissions (PHCEs) in China," Sustainability, MDPI, vol. 9(7), pages 1-19, July.
- Chu, Baoju & Dong, Yizhe & Liu, Yaorong & Ma, Diandian & Wang, Tianju, 2024. "Does China's emission trading scheme affect corporate financial performance: Evidence from a quasi-natural experiment," Economic Modelling, Elsevier, vol. 132(C).
- Zhang, Weishi & Xu, Ying & Wang, Can & Streets, David G., 2022. "Assessment of the driving factors of CO2 mitigation costs of household biogas systems in China: A LMDI decomposition with cost analysis model," Renewable Energy, Elsevier, vol. 181(C), pages 978-989.
- Li, Yan & Feng, Tian-tian & Liu, Li-li & Zhang, Meng-xi, 2023. "How do the electricity market and carbon market interact and achieve integrated development?--A bibliometric-based review," Energy, Elsevier, vol. 265(C).
- Yuling Sun & Junsong Jia & Min Ju & Chundi Chen, 2022. "Spatiotemporal Dynamics of Direct Carbon Emission and Policy Implication of Energy Transition for China’s Residential Consumption Sector by the Methods of Social Network Analysis and Geographically We," Land, MDPI, vol. 11(7), pages 1-26, July.
- Wu, Qingyang & Wang, Yanying, 2022. "How does carbon emission price stimulate enterprises' total factor productivity? Insights from China's emission trading scheme pilots," Energy Economics, Elsevier, vol. 109(C).
- Wang, M. & Zhou, P., 2022. "A two-step auction-refund allocation rule of CO2 emission permits," Energy Economics, Elsevier, vol. 113(C).
- Ma, Ning & Li, Huajiao & Zhang, Jinwei & Han, Xiaodan & Feng, Sida & Arif, Asma, 2021. "The short-term price effects and transmission mechanism of CO2 cost pass-through in China: A partial transmission model," Resources Policy, Elsevier, vol. 70(C).
- Fan, Jin & Li, Jun & Wu, Yanrui & Wang, Shanyong & Zhao, Dingtao, 2016.
"The effects of allowance price on energy demand under a personal carbon trading scheme,"
Applied Energy, Elsevier, vol. 170(C), pages 242-249.
- Jin Fan & Jun Li & Yanrui Wu & Shanyong Wang & Dingtao Zhao, 2016. "The Effects of Allowance Price on Energy Demand under a Personal Carbon Trading Scheme," Economics Discussion / Working Papers 16-07, The University of Western Australia, Department of Economics.
More about this item
Keywords
Emissions trading scheme; End-of-pipe emissions reduction; Sequential input-output tables; Difference-in-Difference;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:277:y:2023:i:c:s0360544223010599. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.