Next Article in Journal
Influence of Atmospheric Circulation on the Baltic Sea Level Rise under the RCP8.5 Scenario over the 21st Century
Next Article in Special Issue
Germination Phenological Response Identifies Flora Risk to Climate Change
Previous Article in Journal
Near-Term Pathways for Achieving Forest and Agricultural Greenhouse Gas Mitigation in the U.S.
Previous Article in Special Issue
Predicting Impact of Climate Change on Water Temperature and Dissolved Oxygen in Tropical Rivers
Article Menu
Issue 3 (September) cover image

Export Article

Open AccessArticle
Climate 2017, 5(3), 70;

Comparison of Carbon Emission Trading Schemes in the European Union and China

College of Management and Economics, Tianjin University, Tianjin 300092, China
Author to whom correspondence should be addressed.
Received: 2 August 2017 / Revised: 29 August 2017 / Accepted: 30 August 2017 / Published: 2 September 2017
(This article belongs to the Special Issue Climate Impacts and Resilience in the Developing World)
Full-Text   |   PDF [220 KB, uploaded 3 September 2017]


Given the growing evidence and scientific consensus on global climate change, carbon emission trading schemes (ETS) have been deemed crucial in mitigating the problem. Therefore, this study compares the mechanisms of ETS in the European Union with those in China. The results indicate similarities in cap determination, the coverage and calculation method of allowance allocation, trading participants and allowance category, offset credit, and MRV. On the other hand, the allocation method and supervision of allowance allocation, allowance formats and trading methods, market risk management, market linkage mechanism, and legislation security evidently appear to vary. However, the results were unable to identify which ETS is absolutely good or bad due to the political, economic, and institutional contexts and the varying developmental phases. Eventually, drawing on these findings, we conclude with implications for the promotion of ETS. View Full-Text
Keywords: carbon emission trading scheme; comparative study; European Union; China carbon emission trading scheme; comparative study; European Union; China
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

Share & Cite This Article

MDPI and ACS Style

Zhang, M.; Liu, Y.; Su, Y. Comparison of Carbon Emission Trading Schemes in the European Union and China. Climate 2017, 5, 70.

Show more citation formats Show less citations formats

Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Related Articles

Article Metrics

Article Access Statistics



[Return to top]
Climate EISSN 2225-1154 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top