Zhejiang province, one of the classic subtropical regions in China, has promoted the establishment of a carbon trading market in recent years. The appropriate allocation of carbon emission abatement (CEA)… Click to show full abstract
Zhejiang province, one of the classic subtropical regions in China, has promoted the establishment of a carbon trading market in recent years. The appropriate allocation of carbon emission abatement (CEA) quotas is the precondition for constructing a carbon trading market. This article mainly allocates municipal CEA quotas in Zhejiang province during the 12th Five-Year period based on data envelopment analysis approach. The main results reveal that Zhejiang exhibits relatively high environmental efficiency; carbon emission reduction in moderate level would bring gross domestic product growth for certain cities; the actual CEA quotas allocation of Zhejiang during 12th Five-Year period could be further optimized under the precondition of the national requirement of carbon intensity. Possible policy suggestions are provided in terms of the results.
               
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