خرید و دانلود نسخه کامل کتاب A Brief Overview of China’s ETS Pilots: Deconstruction and Assessment of Guangdong’s Greenhouse Gas Emission Trading Mechanism – Original PDF

In light of the directives of the 18th National Congress of the Communist Party of China (CPC) and the Third Plenary Session of the 18th Central Committee of the CPC, China shall vigorously press ahead with the construction of ecological civi- lization, let market play a decisive role in resource allocation, and actively carry out the pilot program for the carbon emissions trading scheme (ETS). In 2011, the National Development and Reform Commission (NDRC) released the Notice on Carrying out the Work of Carbon Emissions Trading Pilot Program in China (No. 2601 [2011]), which designates seven municipalities/provinces 1 to build an ETS that accords with China’s special situations. After more than 2 years’ of preparation, Guangdong ETS officially came online on December 19, 2013, and became the first one that had run through the entire operational process by July 15, 2014, including companies’ emissions reporting, verification, allowances allocation and auction, and companies’ compliance. As of December 1, 2015, China (Guangzhou) Emissions Exchange—an allowances bidding platform—had traded about 23.20 Mt of allowance—accounting for about 35.7% of the total trading volume of all pilot areas; and its accumulated revenue of 960 mln yuan held about 43.3% of the total revenue of all pilot areas, highlighting its position as the largest carbon market in China.