Abstract
In this study, the researchers focus on policy instruments that employ a market-based strategy to promote emission reduction, find the key spots and recent changing aspects in the field of Eemission Trading Systems (ETS) and Low Carbon Growth, and make suggestions for future studies. Making use of the bibliometric analysis, the researchers examine a sample of 1,390 research from the ISI Web of Science database to find research activity on ETS and low carbon growth between 2005 and 2022. Also, the researchers visualized the knowledge domains in this field using software like CiteSpace and R-Biblioshiny. The research unravels the most influential published articles and authors on their citations and publications and their location and significance within the network. The researchers further examined the recent themes, identified the barriers to developing literature in this field, and made recommendations for future research. Research on ETS and low carbon growth globally lack cross-border collaborations between emerging and developed economies. The researchers concluded the study by recommending three future research directions.