Design options of ETS: How to incentivize CCUS

Mengfei Jiang; Xi Liang; Ming Lei; Francisco Ascui; Qianguo Lin; Muxin Liu; Li Wang

doi:10.1007/978-981-16-4310-1_6

Design options of ETS: How to incentivize CCUS

Mengfei Jiang, Xi Liang, Ming Lei, Francisco Ascui, Qianguo Lin, Muxin Liu, Li Wang

Research output: Chapter in Book/Report/Conference proceeding › Chapter

Abstract

The urgency of rapid and ambitious climate action was underscored in IPCC Special Report on 1.5 °C. In the report, IPCC also emphasized that strong carbon price signals, coupled with further policy instruments, can support ambitious and cost-effective CO2 emission reductions. As contracting states to the Paris Agreement look to implement their domestic climate policies, carbon markets are emerging and evolving to fill an important role in their strategic transition to a green economy.

Original language	English
Title of host publication	Climate Mitigation and Adaptation in China
Subtitle of host publication	Policy, Technology and Market
Editors	Jun Fu, Dongxiao Zhang, Ming Lei
Publisher	Springer
Chapter	6
Pages	219-246
Number of pages	28
Edition	1st
ISBN (Electronic)	9789811643101
ISBN (Print)	9789811643095
DOIs	https://doi.org/10.1007/978-981-16-4310-1_6
Publication status	Published - 30 Oct 2021

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AU - Liu, Muxin

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Design options of ETS: How to incentivize CCUS

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