Carbon emission trading systems: a review of systems across the globe and a close look at China's national approach

Click to increase image sizeClick to decrease image sizeKEYWORDS: Emission Trading SystemTradable Performance StandardCap and TradeCarbon PricingJEL CLASSIFICATION: H23Q54Q58 AcknowledgementWe acknowledge financial support from the Energy Foundation China (G-2109-33272) and the Ministry of Education (Economic Policies for Carbon Neutrality, 22JJD790002).Disclosure statementNo potential conflict of interest was reported by the author(s).