In order to achieve the temperature goals of the Paris Agreement, the world must reach net‐
zero carbon emissions around mid‐century, which calls for an entirely new energy system …

This paper reviews the empirical literature analysing the effects of the EU Emissions Trading
System (EU ETS) on low-carbon technological change. The emerging evidence is assessed …

A global consensus on carbon emission reductions has been reached for combating climate
change. The Chinese government has clearly stated that it is necessary to make full use of …

China launched seven pilot areas for climate change mitigation before establishing a unified
carbon emissions trading system in 2014. To explore the heterogeneous effect of carbon …

To stabilize the global CO 2 concentration in the long run and secure a net zero emission
development path, low-carbon innovation is imperative. This paper evaluates the impact of …

Abstract The European Union's pioneering carbon Emissions Trading System, the EU ETS,
has inspired countries around the world to launch their own CO2 markets. This paper …

Environmental policies may have important consequences for firms' competitiveness or
profitability. For the European Union Emissions Trading System (EU ETS) the empirical …

This paper is the first to investigate empirically the link between carbon prices and macro
risks in China's cap-and-trade pilot scheme. Using data from four pilot markets in Bei**g …

Global climate governance has entered the era of carbon neutrality, as a growing number of
countries have set the goal of carbon neutrality for long-term emissions reduction toward the …

Environmental innovations are one of the most potent means to mitigate climate change.
With the European Union Emissions Trading System (EU ETS), the EU has designed a …