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G20 committed to removing inefficient fossil fuel subsidies at the Pittsburgh Summit. China is a large energy consumer with large subsidies. Then, how large are impacts of subsidy removal, and how to mitigate negative impacts? This paper simulates the potential impacts of subsidy removal, and...
Persistent link: https://www.econbiz.de/10010808187
China is a large developing country with high carbon intensity. It is likely that China will have to face the challenge of CBTA (carbon motivated border tax adjustments) in future. Meanwhile, CBTA would create price gap between CBTA users and target countries, and change the competitiveness of...
Persistent link: https://www.econbiz.de/10010809135
Currently, China is the largest carbon emitter mainly due to growing consumption of fossil fuels. In 2009, the Chinese government committed itself to reducing domestic carbon emissions per unit of GDP by 40–45% by 2020 compared to 2005 levels. Therefore, it is a top priority for the Chinese...
Persistent link: https://www.econbiz.de/10010681927
Persistent link: https://www.econbiz.de/10010153285