Economic growth and carbon trading prices: an empirical analysis based on the chinese market

HIGHLIGHTS

  • What: This study explores the impact of macroeconomic factors particularly GDP on carbon trading prices in six major Chinese cities. Through this study, the authors not only uncover the uniqueness of the Chinese carbon market but also provide important theoretical and practical foundations for further exploring the development path of carbon markets. Based on the research findings, the authors propose the following policy recommendations to strengthen the development of the carbon trading market and promote green development in impoverished areas: Firstly, the government should increase support for carbon trading markets in impoverished regions by providing policy incentives . . .

     

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