Cap and Trade System in China

Delve into the carbon cap and trade system and its future development in China

Applicants: 213
¥680
THIS COURSE IS INCLUDED IN Path to Carbon Neutral Certificate Program

Time commitment:

1-2 hours/week, 1-2 weeks/course

Pace:

Self-paced

Subject:

Economics

Language:

English

Level:

Introductory

About this course

China's cap and trade system is pivotal for combating climate change and curbing carbon emissions. This courses delves into rationale behind the adoption of the carbon cap and trade market in China, closely examines the current status of the system, and forecasts the future trends, shedding light on how the carbon market in China is set to evolve and influence the business operations in China.

What you’ll learn

  • An overview of the global carbon market and China´s carbon commitment
  • The business implication of carbon trading market
  • The reason why China needs to develop the carbon cap and trade market
  • Current status of China´s carbon trading market
  • The future trends of China´s national carbon cap and trade market

About the instructor(s)

Haitao Yin

Professor and Vice Dean at Antai College of Economics and Management of Shanghai Jiao Tong University

Syllabus

  • Session

    1

    An Overview

    This session gives an overview of the global carbon market and China's carbon commitment, as well as how the carbon market may impact business operations.

  • Session

    2

    Why Cap and Trade?

    This session introduces why China needs the carbon cap and trade market. By analyzing two cases of natural sources depletion, Professor Yin explains “the tragedy of the commons” to introduce the tradable permit system and carbon practices in China.

  • Session

    3

    China's Carbon Market: Current Status

    This session introduces the status quo of China's national carbon market in terms of the market size and market price. Professor Yin also discusses the fluctuation of carbon trading with China's policy changes.

  • Session

    4

    China's Carbon Market: The Future

    This session analyzes the future trends of China's carbon market: 1. Size will expand. 2. Price will increase. 3. More permits are allocated through auction. 4. Financial institutes could play a significant role. 5. Carbon future will dominate.

  • Session

    5

    Cap and Trade System in China Quiz

    Please respond to all questions. A passing grade of 70/100 is required, but you are allowed 5 attempts to pass the quiz. You have one year's time to complete your quiz since successful registration of the course/program.