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Powered by the state or finance? The organization of China’s carbon markets

Auteur(s) et Affiliation(s)

LO, A.Y.
Urban Research Program, Griffith School of Environment, Griffith Univ., Gold Coast, Australie
HOWES, M.
Urban Research Program, Griffith School of Environment, Griffith Univ., Gold Coast, Australie


Description :
This paper reviews the progress of carbon trading in China and examines the involvement of the state and financial sectors. The results show a hierarchical relationship between the state and finance and a clear asymmetry of power in the organization of China’s carbon markets. It concludes that China has put the market-based policy instrument of carbon trading under a substantial concentration of state power. Also, the findings have important implications for understanding the rise of carbon markets in non-traditional capitalist economies.


Type de document :
Article de périodique

Source :
Eurasian geography and economics, issn : 1538-7216, 2013, vol. 54, n°. 4, p. 386-408, nombre de pages : 23, Références bibliographiques : 3 p.

Date :
2013

Editeur :
Pays édition : Etats-Unis

Langue :
Anglais
Droits :
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