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Emission reduction effect and carbon market efficiency of carbon emissions trading policy in China

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Cited by:

  1. Qiuyue Xia & Lu Li & Jie Dong & Bin Zhang, 2021. "Reduction Effect and Mechanism Analysis of Carbon Trading Policy on Carbon Emissions from Land Use," Sustainability, MDPI, vol. 13(17), pages 1-22, August.
  2. Song, Xiangnan & Pan, Chuwen & Yuan, Hongping & Wang, Zeyu, 2024. "Does emission trading system (ETS) deserve further promotion in the building sector? Evidence from China," Renewable Energy, Elsevier, vol. 237(PB).
  3. Zhang, Shuo & Xu, Zhenhao & Li, Yingzi & Zhang, Jiayuan & Hu, Jiang, 2025. "System dynamics simulation model of price transmission in collaboration market of electricity, carbon, and green certificate driven by multiple policies," Energy, Elsevier, vol. 323(C).
  4. Lei, Xu & Xin-gang, Zhao, 2023. "The synergistic effect between Renewable Portfolio Standards and carbon emission trading system: A perspective of China," Renewable Energy, Elsevier, vol. 211(C), pages 1010-1023.
  5. Zhang, Hongyu & Zhang, Da & Zhang, Xiliang, 2023. "The role of output-based emission trading system in the decarbonization of China's power sector," Renewable and Sustainable Energy Reviews, Elsevier, vol. 173(C).
  6. Chaofeng Lyu & Shuxin Deng & Zewei Dai, 2023. "Emissions Trading Systems, Structure Adjustment and Air Pollution Reduction: Evidence from Enterprises in China," Sustainability, MDPI, vol. 15(7), pages 1-20, April.
  7. Yayun Ren & Jian Yu & Shuhua Xu & Jiaomei Tang & Chang Zhang, 2023. "Green Finance and Industrial Low-Carbon Transition: Evidence from a Quasi-Natural Experiment in China," Sustainability, MDPI, vol. 15(6), pages 1-17, March.
  8. Chen, Yingqi & Ba, Shusong & Yang, Qing & Yuan, Tian & Zhao, Haibo & Zhou, Ming & Bartocci, Pietro & Fantozzi, Francesco, 2021. "Efficiency of China’s carbon market: A case study of Hubei pilot market," Energy, Elsevier, vol. 222(C).
  9. Hongjian Yu & Xiufan Zhang, 2024. "Are carbon emissions trading and green financial instruments synergistic? -Comprehensive quantitative research based on content analysis," PLOS ONE, Public Library of Science, vol. 19(3), pages 1-30, March.
  10. Ping Li & Lijing Xu & Xuesong Gu & Yiduo Chen, 2025. "Emission Reduction Effect of Carbon Trading Policy Based on Multi-Period DID and Synergy Effect," Sustainability, MDPI, vol. 17(11), pages 1-29, May.
  11. Na Yu & Jianghua Chen & Lei Cheng, 2022. "Evolutionary Game Analysis of Carbon Emission Reduction between Government and Enterprises under Carbon Quota Trading Policy," IJERPH, MDPI, vol. 19(14), pages 1-22, July.
  12. Yizhang He & Wei Song, 2022. "Analysis of the Impact of Carbon Trading Policies on Carbon Emission and Carbon Emission Efficiency," Sustainability, MDPI, vol. 14(16), pages 1-20, August.
  13. Ruirui Fang & Yue Ma & Lianyong Feng, 2025. "A Comprehensive Evaluation of the Impact of China’s Carbon Market on Carbon Emission Efficiency from the Total-Factor Perspective," Sustainability, MDPI, vol. 17(11), pages 1-16, June.
  14. Pengpei Liu & Xuelei Yang & Xingrong Liu, 2025. "Assessing the mental health implications of carbon trading policies: evidence from urban China," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 12(1), pages 1-13, December.
  15. Yu, Xianyu & Hu, Yuezhi & Zhou, Dequn & Wang, Qunwei & Sang, Xiuzhi & Huang, Kai, 2023. "Carbon emission reduction analysis for cloud computing industry: Can carbon emissions trading and technology innovation help?," Energy Economics, Elsevier, vol. 125(C).
  16. Polyzos, Efstathios & Wang, Fang, 2022. "Twitter and market efficiency in energy markets: Evidence using LDA clustered topic extraction," Energy Economics, Elsevier, vol. 114(C).
  17. Ying Zhang & Yingli Huang, 2023. "Killing Two Birds with One Stone or Missing One of Them? The Synergistic Governance Effect of China’s Carbon Emissions Trading Scheme on Pollution Control and Carbon Emission Reduction," Sustainability, MDPI, vol. 15(13), pages 1-25, June.
  18. Han, Linzhi & Li, Jiawen, 2025. "Does green finance reform promote corporate carbon emission reduction? Evidence from China's green finance reform and innovation pilot zones," Economic Analysis and Policy, Elsevier, vol. 85(C), pages 2091-2111.
  19. Yunqing Zhao & Debao Dai & Wei Shao & Liang Ye, 2024. "Can the Carbon Trading Policy Enhance Resource Allocation Efficiency?—An Analysis of the Synergistic Effect of Market Mechanism and Government Intervention," Sustainability, MDPI, vol. 16(22), pages 1-24, November.
  20. Song, Xiang & Wang, Dingyu & Zhang, Xuantao & He, Yuan & Wang, Yong, 2022. "A comparison of the operation of China's carbon trading market and energy market and their spillover effects," Renewable and Sustainable Energy Reviews, Elsevier, vol. 168(C).
  21. Duojiao Tan & Bilal & Simon Gao & Bushra Komal, 2020. "Impact of Carbon Emission Trading System Participation and Level of Internal Control on Quality of Carbon Emission Disclosures: Insights from Chinese State-Owned Electricity Companies," Sustainability, MDPI, vol. 12(5), pages 1-14, February.
  22. Susheng Wang & Gang Chen & Xue Han, 2021. "An Analysis of the Impact of the Emissions Trading System on the Green Total Factor Productivity Based on the Spatial Difference-in-Differences Approach: The Case of China," IJERPH, MDPI, vol. 18(17), pages 1-18, August.
  23. Yongrok Choi & Hyoungsuk Lee, 2023. "Current Advances in Green Governance and CO 2 Emissions towards Sustainable Development," Sustainability, MDPI, vol. 15(15), pages 1-8, August.
  24. Chuanqing Wu & Heshun Deng & Hao Zhao & Qiwei Xia, 2025. "Spatiotemporal evolution and convergence patterns of urban carbon emission efficiency in China," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 12(1), pages 1-13, December.
  25. Haiqiao Wang & Li Shang & Decai Tang & Zhijiang Li, 2024. "Research Themes, Evolution Trends, and Future Challenges in China’s Carbon Emission Studies," Sustainability, MDPI, vol. 16(5), pages 1-22, March.
  26. Jin, Chenfei & Tsai, Fu-Sheng & Gu, Qiuyang & Wu, Bao, 2022. "Does the porter hypothesis work well in the emission trading schema pilot? Exploring moderating effects of institutional settings," Research in International Business and Finance, Elsevier, vol. 62(C).
  27. Wen, Shibin & Liu, Hongman, 2022. "Research on energy conservation and carbon emission reduction effects and mechanism: Quasi-experimental evidence from China," Energy Policy, Elsevier, vol. 169(C).
  28. Liping Liao & Chukun Huang & Minzhe Du, 2022. "The Effect of Energy Quota Trading on Energy Saving in China: Insight from a Quasi-Natural Experiment," Energies, MDPI, vol. 15(22), pages 1-17, November.
  29. Huang, Daozheng & Yang, Xiaoyang & Zhang, Yongfeng & Wang, Jin, 2025. "Dynamic interactions of carbon reduction strategies in the shipping industry considering market cyclicality: a tripartite evolutionary game analysis," Energy, Elsevier, vol. 335(C).
  30. Lei Jiang & Sachin Rambhau Sakhare & Mandeep Kaur, 2022. "Impact of industrial 4.0 on environment along with correlation between economic growth and carbon emissions," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 13(1), pages 415-423, March.
  31. 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).
  32. Yan Li & Yigang Wei & Hanxiao Xu & Huanwen Liu & Julien Chevallier, 2023. "Carbon monoxide and multi‐pollutants flow between China and India: A multiregional input–output model," The World Economy, Wiley Blackwell, vol. 46(8), pages 2514-2537, August.
  33. Hao, Jingjun & Dong, Peiting & Yao, Xin, 2025. "High-speed railway opening, firm agglomeration and carbon emission: Evidence from China," Energy Economics, Elsevier, vol. 148(C).
  34. Yunhui Wang & Rong Zhou, 2024. "Can carbon emission trading policies promote the withdrawal of government subsidies and the green development of enterprises? Empirical evidence from China’s A-share market," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 11(1), pages 1-16, December.
  35. Yao, Can-Zhong & Mo, Yi-Na & Zhang, Ze-Kun, 2021. "A study of the efficiency of the Chinese clean energy stock market and its correlation with the crude oil market based on an asymmetric multifractal scaling behavior analysis," The North American Journal of Economics and Finance, Elsevier, vol. 58(C).
  36. Zhang, Yue-Jun & Cheng, Hao-Sen, 2021. "The impact mechanism of the ETS on CO2 emissions from the service sector: Evidence from Beijing and Shanghai," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
  37. Zhibin Tao & Jiaxiao Chao, 2025. "Will the carbon emissions trading system promote enterprises' willingness to pay for carbon emission reduction?," Natural Resources Forum, Blackwell Publishing, vol. 49(3), pages 3077-3111, August.
  38. Lu, Boling & Zhang, Yu & Yang, Song & Ning, Chengjia, 2025. "Just energy transitions and carbon emission: The role of energy culture framework," Energy, Elsevier, vol. 324(C).
  39. Li, Xiaoyan, 2020. "Design of energy-conservation and emission-reduction plans of China’s industry: Evidence from three typical industries," Energy, Elsevier, vol. 209(C).
  40. Shiheng Xie & Pengbo Zhao & Shuping Wang, 2025. "How Does the Carbon Emission Trading Policy Enhance Corporate Green Technology Innovation? Evidence from Advanced Manufacturing Enterprises," Sustainability, MDPI, vol. 17(18), pages 1-21, September.
  41. Xuehui Yang & Jiaping Zhang & Lehua Bi & Yiming Jiang, 2023. "Does China’s Carbon Trading Pilot Policy Reduce Carbon Emissions? Empirical Analysis from 285 Cities," IJERPH, MDPI, vol. 20(5), pages 1-24, March.
  42. Meihui Jiang, 2022. "Locating the Principal Sectors for Carbon Emission Reduction on the Global Supply Chains by the Methods of Complex Network and Susceptible–Infective Model," Sustainability, MDPI, vol. 14(5), pages 1-13, February.
  43. Gao, Wen & Wang, Maobin & Ye, Tao, 2022. "Is China's carbon neutrality commitment truly credible? Evidence from a natural experiment," Finance Research Letters, Elsevier, vol. 50(C).
  44. Hongbin Yuan & Junchen Li & Zhijian Zhang, 2025. "Does the cultural consumption policy reduce carbon emission intensity in China?," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 12(1), pages 1-10, December.
  45. Nyonho O. & Daniela A Miteva & Yehchan Lee, 2023. "Impact of Korea’s emissions trading scheme on publicly traded firms," PLOS ONE, Public Library of Science, vol. 18(5), pages 1-21, May.
  46. Aimin Qian & Jingyan Li, 2024. "Effect of Appointed Directors on Corporate Carbon Emission Intensity: Evidence from Mixed-Ownership Reform in Chinese Private Industrial Enterprises," Sustainability, MDPI, vol. 16(13), pages 1-37, July.
  47. Yufeng Chen & Zhitao Zhu, 2022. "Liability Structure and Carbon Emissions Abatement: Evidence from Chinese Manufacturing Enterprises," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 83(2), pages 481-507, October.
  48. Yan, Xiaolei & He, Taiyi, 2024. "Wish fulfilment or wishful thinking? – Assessing the outcomes of China's pilot carbon emissions trading scheme on green economy efficiency in China's cities," Energy Policy, Elsevier, vol. 192(C).
  49. Du, Yanan & Zhou, Jianping & Bai, Jiancheng & Cao, Yujia, 2023. "Breaking the resource curse: The perspective of improving carbon emission efficiency based on digital infrastructure construction," Resources Policy, Elsevier, vol. 85(PB).
  50. Jia, Xiaojing & Yu, Changjiang & Mou, Shandong, 2025. "Sustainable livestock and poultry manure management considering carbon trading," Energy, Elsevier, vol. 326(C).
  51. Li, Yiying & Ren, Xiaohang & Taghizadeh-Hesary, Farhad, 2023. "Vulnerability of sustainable markets to fossil energy shocks," Resources Policy, Elsevier, vol. 85(PB).
  52. Yingying Xu & Shan Zhao & Boxiao Chu & Yinglun Zhu, 2024. "Emission Reduction Effects of China’s National Carbon Market: Evidence Based on the Power Sector," Energies, MDPI, vol. 17(12), pages 1-16, June.
  53. Jing Liu & Xin Ding & Xiaoqian Song & Tao Dong & Aiwen Zhao & Mi Tan, 2023. "Research on the Spillover Effect of China’s Carbon Market from the Perspective of Regional Cooperation," Energies, MDPI, vol. 16(2), pages 1-17, January.
  54. Yi, Qing & Jiang, Yuanying, 2025. "Time-frequency spillovers between carbon, fossil fuels, and clean energy markets: New insights from the TVP-VAR framework," Energy, Elsevier, vol. 323(C).
  55. Xue, Mingfu & Razzaq, Asif & Afshan, Sahar & Yang, Xiaodong, 2023. "Fiscal pressure and carbon intensity: A quasi-natural experiment based on education authority reform," Energy Economics, Elsevier, vol. 126(C).
  56. Zhou, Anhua & Xin, Ling & Li, Jun, 2022. "Assessing the impact of the carbon market on the improvement of China's energy and carbon emission performance," Energy, Elsevier, vol. 258(C).
  57. Chen, Chuanglian & Ye, Cheng & Wang, Haonan & Yao, Shujie, 2025. "Policy intervention and stock market stability risks: Evidence from carbon emission trading policy on energy firms in China," Journal of Asian Economics, Elsevier, vol. 98(C).
  58. Gao, Yuning & Li, Meng & Xue, Jinjun & Liu, Yu, 2020. "Evaluation of effectiveness of China's carbon emissions trading scheme in carbon mitigation," Energy Economics, Elsevier, vol. 90(C).
  59. Alexey Cherepovitsyn & Gennady Stroykov & Alexander Nevolin, 2023. "Efficiency of Low-Carbon Technologies Implementation at Non-Ferrous Metallurgy Enterprises under the Conditions of Carbon-Regulation Development in Russia," Sustainability, MDPI, vol. 15(24), pages 1-22, December.
  60. Lixin Qiu & Yanan Zhao & Beibei Yuan & Yinuo Wang & Lingjie Meng, 2025. "Spatial spillover effect and mediation paths of carbon emission trading policy on green innovation efficiency of industrial enterprises," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 74(4), pages 1-31, December.
  61. Gao, Kang & Yuan, Yijun, 2021. "The effect of innovation-driven development on pollution reduction: Empirical evidence from a quasi-natural experiment in China," Technological Forecasting and Social Change, Elsevier, vol. 172(C).
  62. Chai, Shanglei & Yang, Xiaoli & Zhang, Zhen & Abedin, Mohammad Zoynul & Lucey, Brian, 2022. "Regional imbalances of market efficiency in China’s pilot emission trading schemes (ETS): A multifractal perspective," Research in International Business and Finance, Elsevier, vol. 63(C).
  63. Yue Ma & Ling Miao & Lianyong Feng, 2025. "Research on the Implementation Effects, Multi-Objective Scheme Selection, and Element Regulation of China’s Carbon Market," Sustainability, MDPI, vol. 17(15), pages 1-19, July.
  64. Zihui Lin & Chante Jian Ding, 2025. "Supervision by Distracted Institutional Investors and Majority Shareholder Tunnelling: Causal Evidence from China," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 32(4), pages 1487-1518, December.
  65. Wang, Bo & Gong, Siyu & Yang, Yang, 2024. "Unveiling the relation between digital technology and low-carbon innovation: Carbon emission trading policy as an antecedent," Technological Forecasting and Social Change, Elsevier, vol. 205(C).
  66. Lai, Aolin & Wang, Qunwei & Cui, Lianbiao, 2022. "Can market segmentation lead to green paradox? Evidence from China," Energy, Elsevier, vol. 254(PC).
  67. Ting Yang & Wee-Yeap Lau & Elya Nabila Abdul Bahri, 2025. "The Impact of US-China Trade War on China’s Exports: Evidence From Difference-in-Differences Model," SAGE Open, , vol. 15(2), pages 21582440251, April.
  68. Su, Yifan & Xu, Guanghua, 2022. "Low-carbon transformation of natural resource industry in China: Determinants and policy implications to achieve COP26 targets," Resources Policy, Elsevier, vol. 79(C).
  69. Long, Wenbin & Zhang, Manqiao & Qu, Xin & Yao, Daifei (Troy) & Hu, Zhongxu, 2023. "Can carbon emission trading scheme reshape audit reporting aggressiveness? Evidence from an incremental information perspective," Finance Research Letters, Elsevier, vol. 58(PD).
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  75. Shuxing Xiao & Zuxin He & Weikun Zhang & Xiaoming Qin, 2022. "The Agricultural Green Production following the Technological Progress: Evidence from China," IJERPH, MDPI, vol. 19(16), pages 1-16, August.
  76. Lijun Zhang & Gaofei Yin & Zihao Wei & Wenchao Li & Cha Cui & Mingli Wang & Chen Zhao & Huifeng Zhao & Fengrui Xue, 2024. "Potential and Pathways of Carbon Emission Reduction in China’s Beef Production from the Supply Chain Perspective," Agriculture, MDPI, vol. 14(7), pages 1-22, July.
  77. Dongxiao Niu & Gengqi Wu & Zhengsen Ji & Dongyu Wang & Yuying Li & Tian Gao, 2021. "Evaluation of Provincial Carbon Neutrality Capacity of China Based on Combined Weight and Improved TOPSIS Model," Sustainability, MDPI, vol. 13(5), pages 1-18, March.
  78. Shanglei Chai & Ruixuan Sun & Ke Zhang & Yueting Ding & Wei Wei, 2022. "Is Emissions Trading Scheme (ETS) an Effective Market-Incentivized Environmental Regulation Policy? Evidence from China’s Eight ETS Pilots," IJERPH, MDPI, vol. 19(6), pages 1-18, March.
  79. Tongyue Zhang & Mengyang Hou & Liqi Chu & Lili Wang, 2022. "Can the Establishment of National Key Ecological Function Areas Enhance Vegetation Carbon Sink? A Quasi-Natural Experiment Evidence from China," IJERPH, MDPI, vol. 19(19), pages 1-21, September.
  80. Huaxing Wang & Chuan Chen & Zhiqiao Xiong & Dandan Li, 2023. "How to Achieve Carbon Neutrality in Cities? Evidence from China’s Low-Carbon Cities Development," IJERPH, MDPI, vol. 20(3), pages 1-16, January.
  81. Wang, Meiling & Liu, Zichen & Zhou, Bingxuan, 2025. "Towards carbon neutrality: The impact of energy right trading policy on carbon performance of manufacturing enterprises," Energy, Elsevier, vol. 323(C).
  82. Weidong Chen & Dongli Li & Quanling Cai & Kaisheng Di & Caiping Liu & Mingxing Wang, 2024. "What influences the performance of carbon emissions in China?—Research on the inter-provincial carbon emissions’ conditional configuration impacts," PLOS ONE, Public Library of Science, vol. 19(4), pages 1-26, April.
  83. Wang, Xiao-Qing & Su, Chi-Wei & Lobonţ, Oana-Ramona & Li, Hao & Nicoleta-Claudia, Moldovan, 2022. "Is China's carbon trading market efficient? Evidence from emissions trading scheme pilots," Energy, Elsevier, vol. 245(C).
  84. Qidi Wang & Jinyan Zhan & Hailin Zhang & Yuhan Cao & Zheng Yang & Quanlong Wu & Ali Raza Otho, 2025. "China’s Carbon Emissions Trading Market: Current Situation, Impact Assessment, Challenges, and Suggestions," Land, MDPI, vol. 14(8), pages 1-27, August.
  85. Yue Zhu & Rui Zhao, 2026. "The impact of broadband China and low-carbon pilot on China's urban carbon emissions," Energy & Environment, , vol. 37(2), pages 681-702, March.
  86. Zewen Chen & Guoda Bi & Haihong Guo, 2025. "The Effect of the Level of Digital Agriculture Development on Agricultural Carbon Emission Reduction in China: Mediating Evidence Based on Agricultural Labor Productivity and Production Technical Efficiency," Sustainability, MDPI, vol. 17(17), pages 1-27, August.
  87. Dong, Yajuan & Chen, Taiyu & Mao, Jun & Wu, Haitao, 2025. "Greening through trading: The role of policy Intervention on energy intensity," Energy, Elsevier, vol. 314(C).
  88. Ying, Zhou & Xin-gang, Zhao, 2021. "The impact of Renewable Portfolio Standards on carbon emission trading under the background of China’s electricity marketization reform," Energy, Elsevier, vol. 226(C).
  89. Enci Wang & Jianyun Nie & Hong Zhan, 2022. "The Impact of Carbon Emissions Trading on the Profitability and Debt Burden of Listed Companies," Sustainability, MDPI, vol. 14(20), pages 1-20, October.
  90. Shi, Wei & Li, Wei & Qiao, Fuwei & Wang, Weijuan & An, Yi & Zhang, Guowei, 2023. "An inter-provincial carbon quota study in China based on the contribution of clean energy to carbon reduction," Energy Policy, Elsevier, vol. 182(C).
  91. Wenqiang Guo & Siqi Chen & Ming Lei, 2023. "Evolutionary Game and Strategy Analysis of Carbon Emission Reduction in Supply Chain Based on System Dynamic Model," Sustainability, MDPI, vol. 15(11), pages 1-22, June.
  92. Qianqi Xu & Peng Xu & Cunkuan Bao, 2023. "Multifaceted Pathways of Carbon Emission Reduction Policies: A Study Based on the Decoupling Effect and fsQCA Method in the Yangtze River Delta Urban Agglomeration," Sustainability, MDPI, vol. 15(18), pages 1-15, September.
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  98. Yu Wang & Dejing Meng & Linna Li & Ying Wang, 2025. "Research on the Impact of Market-Based Environmental Regulation Policies on Ecological Pressure: Evidence from China’s Carbon Emissions Trading Pilot," Sustainability, MDPI, vol. 17(5), pages 1-26, February.
  99. Shaolong Zeng & Qinyi Fu & Fazli Haleem & Yang Shen & Weibin Peng & Man Ji & Yilong Gong & Yilong Xu, 2024. "China’s carbon trading pilot policy, economic stability, and high-quality economic development," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 11(1), pages 1-15, December.
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  102. Yan, Sizhe & Wang, Weiqing & Li, Xiaozhu & Zhao, Yi, 2022. "Research on a cross-regional robust trading strategy based on multiple market mechanisms," Energy, Elsevier, vol. 261(PB).
  103. Pinjie Xie & Yue Lu & Yuwen Xie, 2024. "The Influencing Factors of Carbon Emissions in the Industrial Sector: Empirical Analysis Based on a Spatial Econometric Model," Sustainability, MDPI, vol. 16(6), pages 1-24, March.
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  106. Luyao Xu & Hui Sun, 2024. "Study on the Impact of Carbon Emission Trading Pilot on Green Land Use Efficiency in Cities," Land, MDPI, vol. 13(4), pages 1-21, April.
  107. Lessmann, Christian & Kramer, Niklas, 2024. "The effect of cap-and-trade on sectoral emissions: Evidence from California," Energy Policy, Elsevier, vol. 188(C).
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  109. Zhixiong Weng & Cuiyun Cheng & Yang Xie & Hao Ma, 2022. "Reduction Effect of Carbon Emission Trading Policy in Decreasing PM 2.5 Concentrations in China," IJERPH, MDPI, vol. 19(23), pages 1-12, December.
  110. Zhang, Wei & Liu, Xuemeng & Zhao, Shikuan & Tang, Tian, 2024. "Does green finance agglomeration improve carbon emission performance in China? A perspective of spatial spillover," Applied Energy, Elsevier, vol. 358(C).
  111. Xin Zhang & Yingming Zhu, 2025. "Did Carbon Emission Trade Improve Resource Misallocation? Evidence from China," Sustainability, MDPI, vol. 17(6), pages 1-16, March.
  112. Zhang, Jiekuan, 2023. "Emissions trading scheme and energy consumption and output structure: Evidence from China," Renewable Energy, Elsevier, vol. 219(P1).
  113. Li, Ting & Zheng, Xiaoqiang & Li, Zhiwen, 2025. "Energy transformation, green finance, and energy utilization efficiency," Finance Research Letters, Elsevier, vol. 85(PA).
  114. Yanan Guo & Qiong Tong & Zhengjiao Li & Yuhao Zhao, 2022. "Research on Carbon Emission Quota of Railway in China from the Perspective of Equity and Efficiency," Sustainability, MDPI, vol. 14(21), pages 1-18, October.
  115. Xiling Zhang & Xiaoqian Liu & Zeyu Zhang & Ruiyi Tang & Ting Zhang & Jian Yao, 2024. "The Synergistic Effect of the Carbon Emission Trading Scheme on Pollution and Carbon Reduction in China’s Power Industry," Sustainability, MDPI, vol. 16(19), pages 1-17, October.
  116. Li, Qiu & Zhao, Minghui & Hei, Peixiao & Li, FuYong & Zhang, Kun, 2024. "Driving sustainable development: Exploring the Nexus of financial inclusion, green mobility, and CO2 emissions in China's natural resource landscape," Resources Policy, Elsevier, vol. 89(C).
  117. Wang, Bing & GENG, Linna & W.Y. Tam, Vivian, 2025. "Effective carbon responsibility allocation in construction supply chain under the carbon trading policy," Energy, Elsevier, vol. 319(C).
  118. Lin, Boqiang & Zhou, Yicheng, 2022. "Measuring the green economic growth in China: Influencing factors and policy perspectives," Energy, Elsevier, vol. 241(C).
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