Showing 1 - 10 of 26
China has realized that for its own sake and from the international community’s perspective, it cannot afford to continue along the conventional path of encouraging economic growth at the expense of the environment. Accordingly, the country has placed ecological goals at the same level of...
Persistent link: https://www.econbiz.de/10011391849
...This article explains why China turns to market forces and is opt for emissions trading, rather than carbon or environmental taxes at least initially, discusses the five pilot trading schemes that have to comply with their emissions obligations by June 2014, and examines a wide range of...
Persistent link: https://www.econbiz.de/10010511235
The Chinese central government has approved the seven pilot carbon trading schemes. These seven pilot regions are deliberately selected to be at varying stages of development and are given considerable leeway to design their own schemes. These pilot trading schemes have features in common, but...
Persistent link: https://www.econbiz.de/10010513963
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 low-carbon cities in six provinces and thirty-six cities,...
Persistent link: https://www.econbiz.de/10010493045
Persistent link: https://www.econbiz.de/10001522352
Persistent link: https://www.econbiz.de/10001338057
Persistent link: https://www.econbiz.de/10012213037
China had been singled out by Western politicians and media for dragging its feet on international climate negotiations at Copenhagen, the accusations previously always targeted on the U.S. To put such a criticism into perspective, this paper provides some reflections on China's stance and...
Persistent link: https://www.econbiz.de/10008732053
This paper examines the impacts of the proposed carbon-based border tax adjustments (BTAs) on China's trade, based on a multi-sector dynamic computable general equilibrium model including 7 energy sectors and 30 non-energy sectors and running up to the year 2030. Distinct from previous single...
Persistent link: https://www.econbiz.de/10010512029
Carbon-based border tax adjustments (BTAs) have recently been proposed by some OECD countries to level the carbon playing field and target major emerging economies. This paper applies a multi-sector dynamic computable general equilibrium (CGE) model to estimate the impacts of the BTAs...
Persistent link: https://www.econbiz.de/10009419783