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Studying the Growth of Heterogeneous Regions in China Based on Trading in Carbon Emissions

In: Proceedings of the 2023 International Conference on Management Innovation and Economy Development (MIED 2023)

Author

Listed:
  • Xingyi Yan

    (Macau University of Science and Technology, Liberal Arts College)

Abstract

This article provides a detailed discussion of the origins of carbon emissions and related pricing mechanisms. Using data, the article analyzes China's critical role in global carbon emission governance and its increasing reliance on carbon trading markets. In 2021, China launched the creation of a carbon emission trading market with the aim of establishing the world's largest carbon trading system that includes tradable performance requirements. This study focuses on the development of the carbon trading mechanism and pricing mechanisms, highlighting the four types of energy structure. It also classifies different regions into four models based on regional differences in carbon emissions in China. Finally, given the current uneven economic development in China, this study emphasizes the importance of designing carbon trading markets that are tailored to regional differences, managing carbon quotas differentially, and customizing price caps and floors, providing a decision-making basis for fine-grained management and realization of carbon emissions mitigation.

Suggested Citation

  • Xingyi Yan, 2024. "Studying the Growth of Heterogeneous Regions in China Based on Trading in Carbon Emissions," Advances in Economics, Business and Management Research, in: Luiz Moutinho & Carlos Flavian & Rita Yi Man Li & Qiwei Zhou (ed.), Proceedings of the 2023 International Conference on Management Innovation and Economy Development (MIED 2023), pages 360-367, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-260-6_47
    DOI: 10.2991/978-94-6463-260-6_47
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