Climate Change Research ›› 2012, Vol. 8 ›› Issue (2): 137-143.

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Policy Implications for Carbon Trading Market Establishment in China in the 12th-Five-Year Period


  • Received:2011-08-12 Revised:2011-10-10 Online:2012-03-30 Published:2012-03-30

Abstract: Based on the survey of international emission trading systems, policy suggestions on establishing carbon trading market are presented as follows. Sectors sensitive to carbon price, e.g. power generation sector, and iron and steel industry, have the priority to be chosed. Interregional carbon trading should be carried out as early as possible. The cap of carbon market should be set based on the carbon intensity reduction target of China and the floor carbon price for the market be set at beginning.

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