Carbon Emissions Trading in China

Emissions Trading Systems (ETS) have been hailed as a game changer for the evolving climate crisis. This book provides an in-depth analysis of China’s carbon ETS, including its legal and policy frameworks, carbon market mechanisms, and international and comparative implications.With nine cutting-edge topics divided into three thematic parts, this comprehensive book probes the essential concepts, contemporary research, and key elements of carbon emissions trading in China. Multidisciplinary in scope, the book draws on insights from law, policy, economics, environmental management, and geopolitics, to provide a comprehensive and nuanced analysis of the development of carbon emissions trading in China. Placing China’s carbon ETS within the broader context of international efforts to address climate change, it provides a comparative perspective with international value.This book will be an essential resource for scholars and researchers of international and comparative climate law and policy, environmental management, economics, and climate politics. It will prove an indispensable guide for students of Chinese law, climate law, environmental policy, and comparative environmental law. Practitioners, policymakers, and government officials working in climate governance seeking the state-of-the-art of the development of ETS in China will also benefit greatly from its insights.

‘It is clear that to overcome the climate crises, the contribution of China, which for more than a decade has been the largest emitter of GHG, is crucial. With this book, two renowned authors, Professor Dr Tianbao Qin and Dr Meng Zhang, unfold for us in a very detailed manner China’s most important instrument to combat carbon emissions from industry: the Emission Trading System. This comprehensive monograph is a must read for all those interested in global climate change law.’, ‘China is now becoming a major player in the global climate change game. After initial pilots it now also introduced an emission trading system at the national level. This fascinating book provides a detailed analysis of the legal aspects of ETS in China. Both the economic rationale as well as the legal regulations are explained in a detailed manner. Anyone interested in climate change policy and environmental policy in China will undoubtedly benefit from reading this book.’

Qin Tianbao, Distinguished Professor of Law and Director, Research Institute of Environmental Law, Wuhan University, China and Meng Zhang, Postdoctoral Research Fellow of Climate Law, Department of Business Law, School of Economics and Management (LUSEM), Lund University, Sweden