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Transcripts for BBCNEWS Political Thinking with Nick 20240604 02:45:00

that might be renewable energy or it might be other social goods like, affordable housing, that is a fairly stable long term investment for things like pension funds. the language of climate emergency is pretty familiar to people now. i mean, even the conservative government under theresa may adopted that language. you first argued for it. in bristol, i imagined it was not well known and there was quite a job for you to do to persuade people that language would make a difference. that s right. in 2018, i wrote and proposed a motion to bristol city council, calling on it to declare a climate emergency, to bring forward the city s carbon neutral target date from 2050 to 2030, and to lobby the government for the powers and the funding necessary to achieve that goal. and this is although the specific idea

Frontiers | Carbon Emission Trading Scheme, Carbon Emissions Reduction and Spatial Spillover Effects: Quasi-Experimental Evidence From China

The carbon emission trading scheme (ETS) is an essential policy tool for accomplishing Chinese carbon targets. Based on the Chinese provincial panel data from 2003 to 2019, an empirical study is conducted to measure the effects of carbon emission reduction and spatial spillover effect by adopting the difference-in-differences (DID) model and spatial difference-in-differences (SDID) model. The research findings show that: (1) The ETS effectively reduced the total carbon emissions as well as emissions from coal consumption; (2) such effects come mainly from the reduction of coal consumption and the optimization of energy structure, rather than from technological innovation and optimization of industrial structure in the pilot regions; and (3) the ETS pilot regions have a positive spatial spillover effect on non-pilot regions, indicating the acceleration effect for carbon emission reduction. Geographic proximity makes the spillover effect decrease due to carbon leakage.

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