The Joint Impact of Carbon Market on Carbon Emissions, Energy Mix, and Co-pollutants

2021-05-31

报告时间202164(周五) 10:00-11:30

报告地点:翡翠湖校区科教楼B1004学术研讨室

报告人谭睿鹏老师 (南京大学)

主办单位:加拿大2.8在线预测飞飞经济学院

 

报告人简介:

谭睿鹏, 2019年博士毕业于厦门大学经济学院,现任南京大学环境学院环境规划与管理系助理研究员。主要研究领域为环境与能源经济学,研究成果发表于《经济研究》,《Journal of Development Economics》,《Energy Economics,Energy Policy》《Journal of Environmental Management》等期刊。

 

内容简介:

We investigate whether and to what extent the carbon market is effective in the context of the developing world. Taking advantage of a unique five-year-plant-level panel dataset (2011-2015) on Chinese power plants, we use a matched  difference-in-differences (DiD) estimation to identify the joint impact of China's carbon emissions trading (CET) pilot policy on carbon emissions reduction (objective), energy mix improvement (mechanism), and air co-pollutants reduction (co-benefits). We find that China's CET pilot policy effectively lowered carbon emissions by approximately 15.2%. Further analysis shows that plants reduce carbon emissions mainly by cutting down the coal consumption (by approximately 11.6%). Most importantly, China's CET pilot policy also induces substantial co-benefits in air co-pollutants abatement, lowering sulfur dioxide (SO2), nitrogen oxides (NOx), dust by approximately 21.2%, 30.1%, 34.2%. Plants with small scale and non-stated owned are more affected by China's CET pilot policy, and the policy effects show disproportionate environmental inequality.

 

 


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