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China economic focus August 2021: how will emissions trading impact the economy?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
China is stepping up the pace of issuing climate change mitigation policies to meet its 2060 carbon neutrality goal. These policies include the recently launched Emissions Trading System (ETS) and others targeting energy-intensive industries. Industry-focused policies will have a more immediate impact on emissions than the ETS initially. However, transitioning from government intervention to market forces needs to accelerate to reduce the economic cost of climate change mitigation policies.
Table of contents
- Highlights
- Emissions trading system: foundations laid for net zero
- Taking aim at industry
- China’s climate change mitigation plan and impact on the economy
- Key charts
Tables and charts
This report includes the following images and tables:
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Carbon prices and ETS trade volumesCarbon prices in different countries and regionsIndustrial policies to control carbon emissions
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Wood Mackenzie’s proprietary China dataManufacturing PMIIP and retail salesMoney supply (M2)Required reserve ratioTradeInflationPropertyInvestment
What's included
This report contains:
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