Climate Change Research ›› 2020, Vol. 16 ›› Issue (6): 748-757.doi: 10.12006/j.issn.1673-1719.2020.095

• Greenhouse Gas Emissions • Previous Articles     Next Articles

Comparative study on power sector allowance allocation among China's Emissions Trading Scheme pilots and its implications for national carbon market

ZHENG Shuang(), LIU Hai-Yan()   

  1. National Center for Climate Change Strategy and International Cooperation, Beijing 100035, China
  • Received:2020-04-30 Revised:2020-07-10 Online:2020-11-30 Published:2020-12-03
  • Contact: LIU Hai-Yan;


The national carbon market will start in power sector in China, and its core component is allowance allocation. Thus comparative analysis of Emissions Trading Scheme (ETS) pilots allocation will provide experiences and lessons for national scheme. Our study shows that 202 electric power enterprises are covered in ETS pilots, and there are similarities and differences in their coverage, information disclosure, allocation methodology and offset mechanism, with common problems such as weak basis for baseline methodology, improper treatment of indirect emissions, and difficulty in allocating power and heat emissions for combined heat and power facilities. It is suggested that the general principles for allowance allocation of national carbon market are to proceed through phases with coordinated efforts in order to achieve stability, flexibility, and transparency in a scientific and practical manner.

Key words: Emissions trading, Pilots, Allowance allocation, Power sector

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