Does carbon emission trading scheme really improve the CO2 emission efficiency? Evidence from China's iron and steel industry

• Published in: Energy (Oxford) Vol. 277; p. 127743
• Main Authors: Wu, Rongxin, Tan, Zhizhou, Lin, Boqiang
• Format: Journal Article
• Language: English
• Published: Elsevier Ltd 15.08.2023
• Subjects: carbon; carbon dioxide; Carbon neutrality; Carbon trading market; China; climate; CO2 emission efficiency; control methods; energy; industry; iron; issues and policy; markets; steel; Synthetic control method; China; Carbon trading market; CO2 emission efficiency; Carbon neutrality; Synthetic control method

The carbon trading market is an effective way to mitigate the threat of climate warming. In the context of carbon neutrality, what is the carbon emission trading scheme's carbon reduction effect? This paper answers the question by examining the carbon efficiency of China's iron and steel i...