The policy effects and influence mechanism of China ’s carbon emissions trading scheme

This study also utilizes the mediation effects test model to analyze the influence mechanism of th e ETS policy via mediation variables of an energy consumption structure and technological innovation level. The findings reveal that the ETS policy significantly reduces carbon emissions and that the emission reduction policy has a dynamic cumulative effect. The robustness results show that the emis sion reduction effect of these pilots is very robust. Finally, analysis of the impact mechanism shows that the ETS policy promotes carbon emission reduction by adjusting the energy consumption structure and improving the level of technological innovation.
Source: Air Quality, Atmosphere and Health - Category: Environmental Health Source Type: research