An integrated approach for allocating carbon emission quotas in China's emissions trading system

作者：Wu, Jianjun; Guo, Qinghai^*; Yuan, Jiahai^*; Lin, Jianyi; Xiao, Lishan; Yang, Dewei

来源：Resources, Conservation and Recycling, 2019, 143: 291-298.

DOI：10.1016/j.resconrec.2019.01.001

• Power sector
• Carbon market
• Emissions quota allocation
• China

China has started its design of national emissions trading system (ETS), and power sector is included in its initial stage. In this paper, we propose a systematic framework to estimate total carbon emission quota required to meet the national GDP energy intensity target, and allocate the emission quota. The theoretical framework consists of three basic approaches - "top-down", "bottom-up" and "the integration" approaches, and assumes key parameters such as CO2 emission intensity target, contribution of emission abatement from ETS, coverage range of ETS, and industry emissions standards. Based on actual data from 2011, we forecast development of China's thermal power industry into 2020 under different official planning scenarios. With the approaches proposed, we show on to adjust the emissions benchmarking at technology level for reaching expected contribution of emissions abatement from ETS. The proposed methodology is informative to ETS market regulators and power utilities.

• 出版日期2019-4
• 单位中国科学院大学; 华北电力大学; 中国科学院城市环境研究所; 华北电力大学（保定）