Skip to main page content
U.S. flag

An official website of the United States government

Dot gov

The .gov means it’s official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Access keys NCBI Homepage MyNCBI Homepage Main Content Main Navigation
. 2022 Apr;29(16):23129-23143.
doi: 10.1007/s11356-021-17640-x. Epub 2021 Nov 20.

Does the EU emissions trading system help reduce PM2.5 damage? A research based on PSM-DID method

Liang Wan  1 , Shanyong Wang  2 , Jianing Zang  1 , Qiaoqiao Zheng  1 , Wenpei Fang  1
Affiliations

Does the EU emissions trading system help reduce PM2.5 damage? A research based on PSM-DID method

Liang Wan et al. Environ Sci Pollut Res Int. 2022 Apr.

Abstract

Air quality issues, especially haze pollution, have become an important aspect that threatens the sustainable development and health of human beings. Previous studies on the environmental effects of emissions trading system (ETS) mainly focused on carbon emission reduction, instead of focusing on the synergistic governance effect between carbon emission and PM2.5 reduction. Based on the PSM-DID method and the World Development Index (WDI) database, this paper examines whether the EU ETS has a spillover effect on PM2.5 damage reduction, and discusses the related impact mechanisms. The research results show that the EU ETS promotes the reduction of PM2.5 damage, and in different phases of implementation, the impact of the EU ETS on the reduction of PM2.5 damage has a dynamic effect. The robustness test results also show that the research conclusions of this paper are highly reliable. Finally, this paper gives relevant policy suggestions, which can encourage countries to achieve carbon emission reduction targets while helping to reduce PM2.5 damage, and eventually achieve a win-win situation between economic growth and environmental improvement.

Keywords: DID method; EU ETS; PM2.5 damage; PSM; Synergistic governance.

PubMed Disclaimer

Similar articles

See all similar articles

Cited by

References

    1. Abrell J, Anta NF, Georg Z (2011) Assessing the impact of the EU ETS using firm level data. Bruegel Working Paper, 2011/08, Bruegel, Belgium
    1. Allan G, Lecca P, McGregor P et al (2014) The economic and environmental impact of a carbon tax for Scotland: a computable general equilibrium analysis. Ecol Econ 100:40–50 - DOI
    1. Anger N, Oberndorfer U (2008) Firm performance and employment in the EU emissions trading scheme: an empirical assessment for Germany. Energy Policy 36(1):12–22 - DOI
    1. Apergis N (2016) Environmental Kuznets curves: new evidence on both panel and country-level CO2 emissions. EnergyEconomics 54:263–271
    1. Brink C, Vollebergh RJH, Werf E (2016) Carbon pricing in the eu: evaluation of different eu ets reform options. Energy Policy 97:603–617 - DOI

LinkOut - more resources