One of the key elements influencing the performance of a carbon trading system, are the methods of allocating the initial CO2 emissions. This paper tries to use a quantitative description method to analyze the influen...One of the key elements influencing the performance of a carbon trading system, are the methods of allocating the initial CO2 emissions. This paper tries to use a quantitative description method to analyze the influence of the different allocation methods on the level of CO2 emissions based on the seven pilot trading markets from 2009 to 2013 in China. The results show that different methods bring about various degrees of impacts, through direct and indirect constraint mechanism, influence the CO2 emission cut finally. Although due to the complexity of the direct and indirect constraint mechanism, attempting to compare the effects of different allocation methods is difficult by using the data of carbon emission cut from seven pilot markets in China, the paper shows that the allowance allocation methods, through the constraints imposed on enterprises, significantly reduce regional carbon emissions.展开更多
文摘One of the key elements influencing the performance of a carbon trading system, are the methods of allocating the initial CO2 emissions. This paper tries to use a quantitative description method to analyze the influence of the different allocation methods on the level of CO2 emissions based on the seven pilot trading markets from 2009 to 2013 in China. The results show that different methods bring about various degrees of impacts, through direct and indirect constraint mechanism, influence the CO2 emission cut finally. Although due to the complexity of the direct and indirect constraint mechanism, attempting to compare the effects of different allocation methods is difficult by using the data of carbon emission cut from seven pilot markets in China, the paper shows that the allowance allocation methods, through the constraints imposed on enterprises, significantly reduce regional carbon emissions.