Sulfure Dioxide Emission Trading in China: Piloting Programs and Its Perspective
نویسندگان
چکیده
Over the past 10 years, the Chinese State Environmental Protection Administration (SEPA) has actively investigated the potent to use emission trading to reduce sulphur dioxide (SO2 ) emissions from electricity generators and industrial sources. In 1999, SEPA partnered with the U.S. Environmental Protection Agency (U.S. EPA) to cooperate on a study to assess the feasibility of implementing SO2 emission trading in China. SEPA has also pursued emission trading pilot projects in several cities and provinces. The authors, using information from the feasibility study and pilot projects, introduce the circumstances necessary for SO2 emission trading in China, outline the experience to date, and analyse implementation opportunities and barriers in China. The contents of the paper are: (1) SO2 emission control policies in China; (2) institutional requirements and the basis for introducing SO2 emission trading in China; (3) case studies of emission trading in China; (4) opportunities and barriers to implementing emission trading in China; (5) recommendations to transition from pilot projects to a nationwide SO2 emission trading program; and (6) conclusions and suggestions.
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