References 


Chang, C.-C. (2010), “A Multivariate Causality Test of Carbon Dioxide Emissions, Energy Consumption and Economic Growth in China”, Applied Energy, 87, 3533–3537.

Chang, C.-L., M. McAleer and G.D. Zuo (2017), “Volatility Spillovers and Causality of Carbon Emissions, Oil and Coal Spot and Futures for the EU and USA”, Sustainability, 9(10:1789), 1-21.

Chen, W. (2005), “The Costs of Mitigating Carbon Emissions in China: Findings from China MARKAL-MACRO Modeling”, Energy Policy, 33(7), 885-896.

Daskalakis, G. and R. Markellos (2009), “Are Electricity Risk Premia Affected by Emission Allowance Prices? Evidence from the EEX, Nord Pool and Powernext”, Energy Policy, 37(7), 2594-2604.

Daskalakis G., D. Psychoyios, and R.N. Markellos (2009), “Modeling CO2 Emission Allowance Prices and Derivatives: Evidence from the European Trading Scheme”, Journal of Banking & Finance, 33, 1230–1241.

Gregg, J.S., R.J. Andres, and G. Marland (2008), “China: Emissions Pattern of the World Leader in CO2 Emissions from Fossil Fuel Consumption and Cement Production”, Geophysical Research Letters, 35, L08806, 1-5.

Li, J. and M. Colombier (2009), “Managing Carbon Emissions in China Through Building Energy Efficiency”, Journal of Environmental Management, 90(8), 2436-2447.

Liu, L., C. Chen, Y. Zhao, and E. Zhao (2015), “China’s Carbon-emissions Trading: Overview, Challenges and Future”, Renewable and Sustainable Energy Reviews, 49, 254-266.

Nam, K.-M., C.J. Waugh, S. Paltsev, J.M. Reilly, and V.J. Karplus (2014), “Synergy Between Pollution and Carbon Emissions Control: Comparing China and the United States”, Energy Economics, 46, 186-201.

Tang, L., J. Wu, L. Yu, and Q. Bao (2015), “Carbon Emissions Trading Scheme Exploration in China: A Multi-agent-based Model”, Energy Policy, 81, 152–169.

Xiong, L., B. Shen, S. Qi, L. Price, and B. Ye (2017), “The Allowance Mechanism of China’s Carbon Trading Pilots: A Comparative Analysis with Schemes in EU and California”, Applied Energy, 185, 1849–1859.

Zhang, Y. (2015), “Reformulating the Low-Carbon Green Growth Strategy in China”, Climate Policy, 15, 40–59.

Zhang D., V. Karplus, C. Cassisa, and X. Zhang (2014), “Emissions Trading in China: Progress and Prospects”, Energy Policy, 75, 9–16.

Zhang Y.J. and Y.F. Sun (2016), “The Dynamic Volatility Spillover between European Carbon Trading Market and Fossil Energy Market”, Journal of Cleaner Production, 112(4), 2654–2663.

Zhang, Y.-J., A.D. Wang, and Y.-B. Da (2014), “Regional Allocation of Carbon Emission Quotas in China: Evidence from the Shapley Value Method”, Energy Policy, 74, 454-464.