China’s National Carbon Market: Paradox and Potential
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Date
December 2020
Author(s)
Publisher
Belfer Center for Science and International Affairs
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Citation
Springer, Cecilia. “China’s National Carbon Market: Paradox and Potential.” Policy Brief, December 2020.
Abstract
China announced it would launch a national carbon market in 2017, yet this policy is taking years to come into effect. What will it take for a carbon market to work in command-and-control China? This policy brief explores an understudied challenge—emissions accounting—and identifies potential opportunities that have arisen in the first phase of China’s national carbon market.