Our analysis is the first of its kind to explore patterns of subsidization and CO2 emissions in China’s electricity … producing sector. Applying data for all power plants across China and controlling for the age, capacity and location of … disproportionate share of CO2 emissions. This distortion is incongruent with China’s aspiration for a greener economy but may be …

This paper estimates the Marginal Abatement Cost Curve (MACC) of CO2 emissions in China based on a provincial panel for … optimal specification controlling for various covariates is identified econometrically. A scenario simulation of China’s 40 …-45 percent carbon intensity reduction based on our MACC is illustrated. Our simulation results show that China would incur a 559 …