经济与社会研究院SEMINAR第162期

题目：Carbon market and emission reduction: Evidence from China’s carbon market pilots

主讲人：曹静，清华大学

时间：2019年5月27日，13:30-15:00

地点：暨南大学中惠楼106B室

主讲人介绍：

曹静，清华大学经济管理学院副教授、清华大学3E研究院副主任、恒隆房地产研究中心副主任，获得2014年国家自然基金委的优秀青年基金。她目前的主要研究方向有环境经济学、能源经济学、气候变化政策模拟分析等。

Abstract

In this paper, we empirically investigate the effectiveness of China’s carbon markets on emission mitigation. Exploiting China’s carbon market pilots as a quasi-experiment with plant-level data on China’s electricity sector, we show that the carbon markets promoted CO2 emission mitigation by reducing coal consumption of regulated coal-fired power plants. No evidence of carbon leakage was detected in unregulated coal-fired power plants of pilot and other provinces, while the effects were spilled to non-fossil-fuel power plants in pilot provinces, pushing up their electricity generation, operating hours and installed capacities. We also contribute to the literature on air quality co-benefits of carbon markets by empirically identifying causal effects of China’s carbon markets on air pollutant concentrations.