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Co-Benefits of China’s Carbon Emissions Trading Scheme: Impact Mechanism and Spillover Effect

Based on the panel data of 281 prefecture-level cities in China, from 2007 to 2017, we empirically explore the co-benefits of the carbon emissions trading scheme. We found that the carbon emissions trading scheme effectively achieved the coordinated control of carbon dioxide and air pollutants, by i...

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Detalles Bibliográficos
Autores principales: Liu, Zijian, Cai, Lian, Zhang, Yabin
Formato: Online Artículo Texto
Lenguaje:English
Publicado: MDPI 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10001556/
https://www.ncbi.nlm.nih.gov/pubmed/36900800
http://dx.doi.org/10.3390/ijerph20053792
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author Liu, Zijian
Cai, Lian
Zhang, Yabin
author_facet Liu, Zijian
Cai, Lian
Zhang, Yabin
author_sort Liu, Zijian
collection PubMed
description Based on the panel data of 281 prefecture-level cities in China, from 2007 to 2017, we empirically explore the co-benefits of the carbon emissions trading scheme. We found that the carbon emissions trading scheme effectively achieved the coordinated control of carbon dioxide and air pollutants, by improving the green production level of the pilot areas, reducing the regional industrial output, and promoting the upgrading of the industrial structure. In terms of heterogeneity, the emissions trading scheme shows obvious urban location and level heterogeneity, in terms of coordinated control. The synergistic emission reduction effects of eastern and central cities are significantly better than those of cities in central and western regions and non-central cities. It has also had positive spillover effects on the surrounding cities of the pilot areas, but pollution levels in farther areas may have increased due to possible “pollution shelter problems”.
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spelling pubmed-100015562023-03-11 Co-Benefits of China’s Carbon Emissions Trading Scheme: Impact Mechanism and Spillover Effect Liu, Zijian Cai, Lian Zhang, Yabin Int J Environ Res Public Health Article Based on the panel data of 281 prefecture-level cities in China, from 2007 to 2017, we empirically explore the co-benefits of the carbon emissions trading scheme. We found that the carbon emissions trading scheme effectively achieved the coordinated control of carbon dioxide and air pollutants, by improving the green production level of the pilot areas, reducing the regional industrial output, and promoting the upgrading of the industrial structure. In terms of heterogeneity, the emissions trading scheme shows obvious urban location and level heterogeneity, in terms of coordinated control. The synergistic emission reduction effects of eastern and central cities are significantly better than those of cities in central and western regions and non-central cities. It has also had positive spillover effects on the surrounding cities of the pilot areas, but pollution levels in farther areas may have increased due to possible “pollution shelter problems”. MDPI 2023-02-21 /pmc/articles/PMC10001556/ /pubmed/36900800 http://dx.doi.org/10.3390/ijerph20053792 Text en © 2023 by the authors. https://creativecommons.org/licenses/by/4.0/Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
spellingShingle Article
Liu, Zijian
Cai, Lian
Zhang, Yabin
Co-Benefits of China’s Carbon Emissions Trading Scheme: Impact Mechanism and Spillover Effect
title Co-Benefits of China’s Carbon Emissions Trading Scheme: Impact Mechanism and Spillover Effect
title_full Co-Benefits of China’s Carbon Emissions Trading Scheme: Impact Mechanism and Spillover Effect
title_fullStr Co-Benefits of China’s Carbon Emissions Trading Scheme: Impact Mechanism and Spillover Effect
title_full_unstemmed Co-Benefits of China’s Carbon Emissions Trading Scheme: Impact Mechanism and Spillover Effect
title_short Co-Benefits of China’s Carbon Emissions Trading Scheme: Impact Mechanism and Spillover Effect
title_sort co-benefits of china’s carbon emissions trading scheme: impact mechanism and spillover effect
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10001556/
https://www.ncbi.nlm.nih.gov/pubmed/36900800
http://dx.doi.org/10.3390/ijerph20053792
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