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The notion of sectoral approaches – in which developing and emerging economies are incentivized to undertake efforts to reduce greenhouse gas emissions intensity or growth in key industrial sectors, potentially with assistance from developed countries – play an important role in the debate...
Persistent link: https://www.econbiz.de/10010887881
We assess recent Chinese climate policy proposals in a multi-region, multi-sector computable general equilibrium model with a Chinese carbon emissions trading scheme (ETS). When the emissions intensity per GDP in 2020 is required to be 45% lower than in 2005, the model simulations indicate that...
Persistent link: https://www.econbiz.de/10011116713
We assess recent Chinese climate policy proposals in a multi-region, multi-sector computable general equilibrium model with a Chinese carbon emissions trading scheme (ETS). When the emissions intensity per GDP in 2020 is required to be 45% lower than in 2005, the model simulations indicate that...
Persistent link: https://www.econbiz.de/10010985609