![]() ![]() Renewable and Sustainable Energy Reviews, Elsevier, vol. " How should government and users share the investment costs and benefits of a solar PV power generation project in China?," ![]() ![]() Shuai, Jing & Cheng, Xin & Ding, Liping & Yang, Jun & Leng, Zhihui, 2019.Boskovic, Branko & Nøstbakken, Linda, 2016.Ħ/2016, Norwegian School of Economics, Department of Economics." The Cost of Endangered Species Protection: Evidence from Auctions for Natural Resources," Branko Boskovic & Linda Nøstbakken, 2016.Journal of Environmental Economics and Management, Elsevier, vol. " Climate policy, stranded assets, and investors’ expectations," Sen, Suphi & von Schickfus, Marie-Theres, 2020.Journal of Development Economics, Elsevier, vol. " Does environmental regulation drive away inbound foreign direct investment? Evidence from a quasi-natural experiment in China," Cai, Xiqian & Lu, Yi & Wu, Mingqin & Yu, Linhui, 2016.repec:hrv:faseco:33077825 is not listed on IDEAS." Local demand-pull policy and energy innovation: Evidence from the solar photovoltaic market in China,"Įnergy Policy, Elsevier, vol. " The evolving role of carbon finance in promoting renewable energy development in China,"Įnergy Policy, Elsevier, vol. " Factor Immobility and Regional Impacts of Trade Liberalization Evidenceon Poverty From India," (3) The higher the carbon price, the greater the role of the ETS in promoting non fossil energy development. The ETS has significantly increased the share of hydropower and photovoltaic power generation, and has significantly promoted non-fossil energy development in Guangdong meanwhile, the ETS has significantly increased the share of hydropower and nuclear power in Guangdong, and the share of wind power and photovoltaic power in Hubei. (2) The effect of the ETS on non-fossil energy development is heterogeneous by energy type, pilot region, and pilot-energy type. Using provincial monthly panel data from January 2004 to December 2019, we find that (1) the ETS has significantly promoted non-fossil energy development in PRC, increasing the monthly average share of non-fossil energy power generation in total power generation by 2.326 percentage points, which has been verified by a series of robustness tests. This paper uses a difference-in-differences model to evaluate the effect of the ETS on non-fossil energy development in PRC. However, whether the ETS in PRC can promote non-fossil energy development remains to be answered. Emissions Trading Scheme (ETS) can internalize the environmental costs of fossil energy consumption and encourage enterprises to consume non-fossil energy, which is crucial for People’s Republic of China (PRC) to achieve the contribution target of the Paris Agreement cost-effectively. ![]()
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