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

Auteur(s) et Affiliation(s)



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