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 diurnal variation of precipitation over the Dabie Mountains(DBM) in eastern China during the 2013 mei-yu season is investigated with forecasts of a regional convection-permitting model. Simulated precipitation is verified against surface rain-gauge observations. The observed morning precipitation peak on the windward(relative to the prevailing synoptic-scale wind) side of the DBM is reproduced with good spatial and temporal accuracy. The interaction between the DBM and a nocturnal boundary layer low-level jet(BLJ) due to the inertial oscillation mechanism is shown to be responsible for this precipitation peak. The BLJ is aligned with the lower-level southwesterly synoptic-scale flow that carries abundant moisture.The BLJ core is established at around 0200 LST upwind of the mountains. It moves towards the DBM and reaches maximum intensity at about 70 km ahead of the mountains. When the BLJ impinges upon the windward side of the DBM in the early morning, mechanical lifting of moist air leads to condensation and subsequent precipitation. 相似文献
Deep convection systems (DCSs) can rapidly lift water vapor and other pollutants from the lower troposphere to the upper troposphere and lower stratosphere. The main detrainment height determines the level to which the air parcel is lifted. We analyzed the main detrainment height over the Tibetan Plateau and its southern slope based on the CloudSat Cloud Profiling Radar 2B_GEOPROF dataset and the Aura Microwave Limb Sounder Level 2 cloud ice product onboard the A-train constellation of Earth-observing satellites. It was found that the DCSs over the Tibetan Plateau and its southern slope have a higher main detrainment height (about 10?16 km) than other regions in the same latitude. The mean main detrainment heights are 12.9 and 13.3 km over the Tibetan Plateau and its southern slope, respectively. The cloud ice water path decreases by 16.8% after excluding the influences of DCSs, and the height with the maximum increase in cloud ice water content is located at 178 hPa (about 13 km). The main detrainment height and outflow horizontal range are higher and larger over the central and eastern Tibetan Plateau, the west of the southern slope, and the southeastern edge of the Tibetan Plateau than that over the northwestern Tibetan Plateau. The main detrainment height and outflow horizontal range are lower and broader at nighttime than during daytime. 相似文献