To develop a low-carbon economy, China launched seven pilot programs for carbon emissions trading (CET) in 2011 and plans to establish a nationwide CET mechanism in 2015. This paper formulated a multi-agent-based model to investigate the impacts of different CET designs in order to find the most...

To realize environmentally sustainable development of the economy, China has decided to cut carbon dioxide emissions per unit of GDP by 40 to 45 percent by 2020, compared with the level in 2005. Based on China's emission abatement target, this paper first analyzes enterprises' emission reduction...

Asia has experienced spectacular economic growth over the past two decades. However, this economic progress has come at a high cost. It has led to unprecedented environmental consequences. So this region needs to shift the conventional pattern of "develop first and then treat the pollution" to a...

The climate-trade nexus gains increasing attention as governments are taking great efforts to forge a post-2012 climate change regime to succeed the Kyoto Protocol. This raises the issues of the scope of trade-related measures and of when and how they could be used. This paper discusses how far...

With current international climate negotiations flawed with a focus on commitments on the two targeted dates of 2020 and 2050, the inclusion of border carbon adjustment measures seems essential to secure passage of any US climate legislation. Against this background, this viewpoint remarks on...

To point out the direction and focus of future international climate negotiations, this paper discusses how far developing country commitments can go in an immediate post-2012 climate regime. The paper argues that developing country commitments are most unlikely to go beyond the defined polices...