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The alpine meadow in the Tibetan Plateau (TP) is a fragile ecosystem and very sensitive to climate change and human activities. However, the flux (energy, water, and carbon dioxide) exchanges (FEs) and their controls in this ecosystem are not well understood. Using two years (2015-2016) of observations from three eddy covariance towers and different grazing management types, we quantified the FEs of an alpine meadow ecosystem in the northeastern TP. A boosted regression trees (BRT)-based method was used to determine the environmental controls of FEs and clarify the factors causing the differences in FEs among the sites. The mean annual latent heat flux (LE), sensible heat flux (H), and evapotranspiration (ET) of the sites were 36.3 W m(-2), 23.2 W m(-2), and 458.2 mm, respectively. The mean annual gross primary productivity (GPP) and ecosystem respiration (R-e) of the sites were 504.8 and 317.2 g C m(-2), respectively. The mean annual net ecosystem CO2 exchange (NEE) of the sites was -187.6 g C m(-2), indicating that the ecosystem was a CO2 sink, not accounting for grazing losses. The BRT-based analysis showed that, (i) The LE (ET) and H were mostly determined by soil temperature (ST) and downward shortwave radiation (DR), while the NEE, GPP, and R-e were primarily correlated with ST. As a result, the FEs of the ecosystem were energy-limited; (ii) The high spatial heterogeneity in multiple environmental variables jointly determined the differences in FEs of the ecosystem. The differences in LE (ET) and H among the sites resulted from multiple environmental variables, including DR, ST, precipitation, and SM; and differences in NEE, GPP, and R-e were mainly caused by precipitation, SM, and RH. The study highlights that future warming will enhance GPP and R-e of the ecosystem, while reducing the CO2 sink because of the larger increases in R-e than in GPP.