Upon completion, China’s national emissions trading scheme (C-ETS) will be the largest carbon market in the world. Recent research has evaluated China’s seven pilot ETSs launched from 2013 on, and academic literature on design aspects of the C-ETS abounds. Yet little is known about the specific details of the upcoming C-ETS. This article combines currently understood details of China’s national carbon market with lessons learned in the pilot schemes as well as from the academic literature. Our review follows the taxonomy of Emissions Trading in Practice: A Handbook on Design and Implementation (Partnership for Market Readiness & International Carbon Action Partnership. (2016). Retrieved from www.worldbank.org): The 10 categories are: scope, cap, distribution of allowances, use of offsets, temporal flexibility, price predictability, compliance and oversight, stakeholder engagement and capacity building, linking, implementation and improvements.
Key policy insights
Accurate emissions data is paramount for both design and implementation, and its availability dictates the scope of the C-ETS.
The stakeholder consultative process is critical for effective design, and China is able to build on its extensive experience through the pilot ETSs.
Current policies and positions on intensity targets and Clean Development Mechanism (CDM) credits constrain the market design of the C-ETS.
Most critical is the nature of the cap. The currently discussed rate-based cap with ex post adjustment is risky. Instead, an absolute, mass-based emissions cap coupled with the conditional use of permits would allow China to maintain flexibility in the carbon market while ensuring a limit on CO2 emissions.
The presence of amino acids in atmospheric precipitation and aerosols has been noted for many years, yet relatively little is known about these or other nitrogen containing organic compounds in the atmosphere. Marine and continental rainwater analyses indicate that atmospheric aerosols, and subsequently atmospheric precipitation, may contain substantial levels of free and combined amino acids. The most likely source of amino N in the remote marine atmosphere appears to be the injection of proteinaceous material through the action of bursting bubbles at the sea-air interface or the long range transport from terrestrial sources. The capacity of these substrates to undergo photooxidation and photodegradation in the atmosphere to simpler species, such as ammonium ions, carboxylic acids, and for the S containing amino acids, oxidized forms of sulfur, has received little attention from atmospheric chemists. The photochemistry of covalently bound amino groups, particularly as found in peptides and amino acids, is discussed here with the purpose of summarizing what is known of their occurrence and their possible importance to atmospheric chemistry. 相似文献
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In 1988 two large earthquakes with magnitude of Ms 7.6 and Ms 7.2 occurred in Lancang-Genma area, Southwest China. This paper discusses the determination of the spatial distribution of fault slip caused by the earthquakes using geodetic surveys. The prior information obtained from geological surveys and seismological investigations was used to determine the geometry of the fault plane and the average fault slip. The smooth constraints on the fault slips have been described by a normal distribution with hyperparameters, which are incorporated in the inversion analysis with a Bayesian model. Akaike’s Bayesian Information Criterion (ABIC) is used to get the optimal values of hyperparameters. Once the hyperparameters are determined, the maximum likelihood method is employed to estimate the patterns of a fault slip. Based on the results of inverse analysis monitoring geodetic surveys can be properly designed and conducted to obtain crust deformations and predict potential earthquake sources. 相似文献
The equations of motion applying to the wind field in a forest canopy are simplified to a balance between the shearing stress gradient and either the form-drag of the leaves in the upper dense canopy, or the overall horizontal pressure gradient in the more open space beneath. The equations imply that, in descending through the forest, the stress and wind vectors turn through an angle which depends on the forest characteristics and on the stability and the speed of the airflow above the forest. The turning is roughly confirmed by an overall average measured on a very flat site near Thetford, Norfolk, covered by an extensive uniform pine forest. 相似文献