Kai Fang is a Full Professor of Environmental Management at the School of Public Affairs, Zhejiang University, China. His research interests include environmental and climate policy and sustainable development.Qifeng Zhang is a Policy Researcher at Huaneng Yangtze Environmental Technology Research Institute, Beijing, China. His research covers environmental and economic policy, and resource and environmental management.Yiqi Tang is a PhD candidate at the School of Public Policy and Management, Tsinghua University, China. Her research covers environmental and climate policy and public governance in transitional China.

• 1. Introduction 2. Effects of Low Emission Strategies 3. Emission Trajectories and Potential Peaking Pathways 4. Key Sectors in Achieving Peak Emissions 5. Carbon Trading Scheme as A Cost-effective Tool for Emission Mitigation 6. Common but Differentiated Responsibility for Emission Mitigation 7. Sectoral Coverage of Carbon Trading Scheme 8. Co-benefits of Carbon Trading Scheme on Air Quality

Kai Fang is a Full Professor of Environmental Management at the School of Public Affairs, Zhejiang University, China. His research interests include environmental and climate policy and sustainable development.Qifeng Zhang is a Policy Researcher at Huaneng Yangtze Environmental Technology Research Institute, Beijing, China. His research covers environmental and economic policy, and resource and environmental management.Yiqi Tang is a PhD candidate at the School of Public Policy and Management, Tsinghua University, China. Her research covers environmental and climate policy and public governance in transitional China.

• 1. Introduction 2. Effects of Low Emission Strategies 3. Emission Trajectories and Potential Peaking Pathways 4. Key Sectors in Achieving Peak Emissions 5. Carbon Trading Scheme as A Cost-effective Tool for Emission Mitigation 6. Common but Differentiated Responsibility for Emission Mitigation 7. Sectoral Coverage of Carbon Trading Scheme 8. Co-benefits of Carbon Trading Scheme on Air Quality