简介：China’stechnologicaleffortstotackleclimatechangehavelastedformanyyears.Itisnecessarytotesttheeffectoftheseeffortswithquantitativemethod.Tobeexact,whetherandhowChina’slow-carbontechnologyinnovationrespondstoclimatechangeshouldbetested.Basedonthe2004-2015paneldataof30provincesinChina,weusethemethodofESDAanalyzingthespatialcorrelationofChina’slow-carboninnovationtechnology.Furthermore,weusethespatialDurbinmodelempiricallyanalyzingthespatialspillovereffects.Theresultsobtainedareasfollows:first,supplyanddemandofChineselow-carboninnovationhassomedeviationinthespatialdistribution.Thelow-carbontechnologyinnovationasthesupplyfactorshowsthecharacteristicsofexpandingfromtheeasttothewest.InnovationineasternChinahasalwaysbeenthemostactive,butinnovativeactivitiesinthemiddleandwesternChinaaregraduallydecreased.However,carbonemissionshavethecharacteristicsofmovingwestward,implyingthechangeoftechnologydemanddifferentfromtechnologysupply.Second,China’slow-carboninnovationactivelyrespondstothetrendofclimatechange,indicatingChina’stechnologicaleffortshavepaidoff.However,thespatialspillovereffectsarenotsignificant,showingthattheeffortsineachregionofChinastillworkforhimself.Third,environmentalregulationandmarketpullareimportantfactorsforlow-carbontechnologyinnovation.Amongthem,bothsupportingpolicyandinhibitorypolicyhavesignificantimpactonthelocallow-carbontechnologyinnovation,butnosignificantspatialspillovereffects.Itshowsthatenvironmentalpoliciesindifferentregionsarecompetitiveandlackofdemonstrationeffects.Economicgrowthandexportasmarketpullhavehigherlevelofeffectonlow-carbontechnologyinnovationforbothlocalandadjacentareas.Somepolicyimplicationsareproposedbasedontheseresultsfinally.

简介：UnliketheEuropeanUnionemissiontradesystem(EUETS),ChinaspilotETSsimplementeddiversifiedpolicydesignsinsteadofusingauniformframework.VarianceratiotestisusedtoevaluatetheEfficientMarketHypothesis(EMH)inChina’scarbontradingmarkets.TheresultsoftwoversionsofvarianceratiotestsindicatethatthecarbontradingmarketinHubeiisconsideredweakformefficient,andthesocialistmarketeconomydoesnotnecessarilyleadtomarketinefficiencyincarbontradingmarkets.ThintradingactivitiesgeneratemarketfrictionsandbiastheEfficientMarketHypothesis(EMH)tests.

简介：Chinaispreparingtoestablishanationwidecarbonmarketin2017,andinordertofacilitatethisgoal,sevenpilotcarbonmarketshavebeenunderstudyforthepastfewyears.ThispapersummarizestheoperationexperienceandchallengesofthesevenpilotcarbonmarketsinChina.Ithasbeenwidelyacceptedthattheessenceofacarbonmarketistosolveenvironmentalproblemsthroughmarketmechanisms,withenvironmentalbenefitbeingthefundamentalpurpose,marketmechanismbeingthekeymeasure,andpoliciesandregulationsbeinganimportantguaranteeforanorderlycarbonmarket.Therefore,thispaperconstructsanevaluationindexsystemcomposedof34detailedsub-indexesinthreedimensions,suchasenvironmentalconstraintforce,marketresourceallocationability,andsupportingpoliciesandfacilitycompleteness.Throughanalyzingtheoperationdatafrom2013to2016,theweightsofthesub-indexesareobtained.Inaddition,thestudyobtainsexperts’opinionsfromover10carbonpermitsexchanges,consultancyfirmsandresearchinstitutionsinChina,andconductsacomprehensiveevaluationonthedevelopmentdegreeofthesevenpilotcarbonmarkets.ResultsshowthatthepilotcarbonmarketsthatincludeprivateSMEsasthecoveredentitiesforemissionscontrolpresentrelativelyhigherenvironmentalconstraintforce.Buttoomanycoveredentitiescouldincreasethedifficultyofmarketperformancemanagement,whilethepilotsthatincludehighenergy-consumingstate-ownedenterprisesastheentitiesforemissionscontroldemonstrateaphenomenonof'highmarketcomplianceratewithlowtradingvolume'.TheresourceallocationcapabilityofChina’scarbonmarkethasnotbeeneffectivelybroughtintoplay,andlowdegreeofmarketparticipationhasbecomeanimportantconstraintfactorformarketdevelopment.Duetothelackoflawsandregulationsatthenationalmacro-level,thelegallybindingforceofthepilotmarketsconstructionisobviouslyinsufficient,andthesupportingpoliciesare

简介：Inordertomakefurtherstepsindealingwithclimatechange,Chinaproposedtopeakcarbondioxideemissionsbyabout2030andtomakebesteffortsforthepeakingearly.Thecarbonemissionpeaktarget(CEPT)mustresultinaforcingmechanismonChina’seconomictransition.Thispaper,byfollowingthelogicalorderfrom'researchoncarbonemissionhistory'to'carbonemissiontrendprediction,'from'researchonpathsofrealizingpeak'to'peakrestraintresearch,'providesageneralreviewofcurrentstatusanddevelopmenttrendofresearchesonChina’scarbonemissionanditspeakvalue.Furthermore,thispaperalsoreviewsthebasictheoriesandspecificcasesoftheforcingmechanism.Basedontheexistingachievementsanddevelopmenttrendsinthisfield,thefollowingresearchdirectionsthatcanbefurtherexpandedareputforward.First,fromtheperspectiveoflong-termstrategyofsustainabledevelopment,weshouldanalyzeandconstructtheforcingmechanismofCEPTinareversethinkingway.Second,economictransitionpathsundertheforcingmechanismshouldbesystematicallystudied.Third,byconstructingalarge-scalepolicyevaluationmodel,theemissionreductionperformanceandeconomicimpactofaseriesofpolicymeasuresadoptedduringthetransitionprocessshouldbequantitativelyevaluated.