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Towards sustainable development: what carbon trading pilot policy has been done for mitigating carbon emissions and
Yige Qiu1,2, Mei Zhang1, Mengjie Fan1
1Panzhihua Central Hospital, Panzhihua, 617067, China.
Abstract:
This study examines the impact of carbon trading pilot policy (CTPP) on carbon emissions (CO2) and air pollution (Ap) using the difference in differences method (DID) utilizing panel data from 30 Chinese areas spanning from 2008 to 2020. The results indicate that CTPP implementation can effectively decrease CO2 and Ap. CTPP can reduce CO2 and Ap through positive incentive effects that promote industrial structure upgrading and drive technological progress. Moreover, CTPP exhibits significant regional variation, with CTPP significantly reducing CO2 in both the eastern and central and western regions. CTPP do not show an effective reduction in Ap in eastern region, while effectively reduce Ap in central and western regions.
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