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Since the global financial crisis, non-reserve-issuing economies (NREs) have been highly sensitive to episodes of external pressures. With monetary policy independence constrained by this sensitivity, many NREs have utilized other policy instruments. This paper confirms the vulnerability of NREs...
Persistent link: https://www.econbiz.de/10012486120
Putting a price on carbon is considered a crucial step for China's endeavor of harnessing the market forces to reduce … its energy consumption and carbon emissions. Indeed, aligned with China's grand experiment with low-carbon provinces and … market power of dominated players, use of offsets, and enforcement and compliance. This article explains why China turns to …
Persistent link: https://www.econbiz.de/10011307252
, use of offsets, and enforcement and compliance. This article explains why China opts for emissions trading, rather than …
Persistent link: https://www.econbiz.de/10011307269
stakeholders. Since the inception in 2000, the PCF has engaged in a dialogue with China to get it to sign up as a host country … (CDM) in China and feel the significant need for building CDM capacity in China to enable it to gain more insight into the … CDM and increase its capacity to initiate and undertake CDM projects. This paper first discusses why China had hesitated …
Persistent link: https://www.econbiz.de/10011325013
In international climate change negotiations, China’s role is an issue of perennial concern. In particular, the lack of … quantitative, absolute emissions commitments from China has been the focus. In line with changing domestic and international … contexts, China is recalibrating its stance and strategy. Its participation in international climate change negotiations has …
Persistent link: https://www.econbiz.de/10011586859
China’s unbundling reform in 2002 aimed to introduce competitiveness into the power industry, especially the generation … China’s 30 provinces. It then employs a system generalized method of moments model to explore the determinants of their …
Persistent link: https://www.econbiz.de/10011662422
The regulated price mechanism in China’s power industry has attracted much criticism because of its incapability to …
Persistent link: https://www.econbiz.de/10011957009
consumers of energy. While the overall trend of China’s energy pricing reform since 1984 has been moving away from the prices …, petroleum products, natural gas, electricity and renewable power in China, and provides some analysis of these energy price … reforms, in order to have the market to play a decisive role in allocating resources and help China’s transition to a low …
Persistent link: https://www.econbiz.de/10011957010
As an important step towards building a 'harmonious society' through 'scientific development', China has incorporated … quadrupling of its GDP while cutting its energy intensity by about three quarters between 1980 and 2000, China has had limited … the Copenhagen climate summit, China pledged to cut its carbon intensity by 40-45% by 2020 relative its 2005 levels to …
Persistent link: https://www.econbiz.de/10010272407
China had been singled out by Western politicians and media for dragging its feet on international climate negotiations … paper provides some reflections on China's stance and reactions at Copenhagen. While China's reactions are generally well … rooted because of realities at home, some reactions could have been handled more effectively for a better image of China. The …
Persistent link: https://www.econbiz.de/10010272408