Table 1 Overview of ECRT development in pilot provinces and cities in China.

From: Agent based modeling of energy consuming rights trading for low carbon transformation in China

Province

Trading Platform

Transaction Type

Eligibility Criteria

Current Development Status

Zhejiang

Zhejiang ECRT Platform

Incremental

> 0.6 tce/10,000 yuan

Cumulative trading volume: 3.94 million tce

Henan

Henan Public Resource Trading Center

Incremental predominates

> 5,000 tce

Cumulative trading volume: 214,000 tce

Sichuan

Sichuan Joint Environmental Exchange

Inventory

> 10,000 tce

Cumulative trading volume: 3,000 tce,; Simulated trading volume: 357,000 tce

Fujian

Straits Equity Exchange Center

Inventory

> 5,000 tce

Cumulative trading volume: 2,209,100 tce

Hubei

Hubei Public Resources Transaction Electronic Service System

Inventory

Not specified

Cumulative trading volume: More than 1.9 million tce

Heilongjiang

Heilongjiang ECRT Platform

Inventory

Not specified

Simulated trading volume: 4,270 tce

Jiangxi

Jiangxi Property Rights Exchange

Inventory

> 5,000 tce

Cumulative trading volume: 307,400 tce

Anhui

Anhui Environmental Resources Exchange

Inventory

Not specified

Cumulative trading volume: 52,500 tce

Qingdao

Qingdao Equity Exchange

Incremental, then stock

> 5,000 tce

Cumulative trading volume: 929,000 tce

Binzhou

Binzhou Public Resource Trading Center

Not specified

Not specified

Cumulative trading volume: 438,000 tce

  1. Note: Data for some regions is unavailable, and all statistics are as of December 2023.