Carbon Markets

Carbon Leakage within Firm Ownership Networks

This paper provides causal evidence on a within-conglomerate channel of carbon leakage under China's regional pilots of the Emission Trading System (ETS). Our analysis leverages …

jingbo-cui

Can International Climate Cooperation Induce Knowledge Spillover to Developing Countries? Evidence from CDM

Under the Kyoto Protocol, the Clean Development Mechanism (CDM) expects to facilitate the North-South knowledge spillovers for climate-friendly technologies. This paper examines …

jingbo-cui

Lessons Learned from China's Regional Carbon Market Pilots

This paper gives an overview of the performance of China's seven regional carbon market pilots and the range of approaches they have used. We assessed the outcomes of these pilots …

junjie-zhang