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This study analyzes the potential impacts of a national emission trading scheme on provincial economies in China of … meeting China's emission reduction pledges, the Nationally Determined Contributions announced under the Paris Agreement. The … with the latest provincial-level social accounting matrices (2012). The study shows that meeting China's Nationally …
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We explore a global carbon pricing framework to inform the potential coordination of carbon pricing and equivalent policies. The framework has three main features aligning with the current multilateral system for climate action. First, the carbon price is determined by a global average carbon...
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The EU has established the world’s first cross-border emission-trading systems (ETS) for greenhouse gas (GHG) emissions, currently covering aviation, emission-intensive sectors, and electricity (EITE). The EU Commission has offered to apply emissions trading in new sectors where emissions from...
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We analyze existing definitions of carbon leakage and propose a new rigorous one. This is then tested using computable general equilibrium analysis for unilateral carbon dioxide abatement programs in the European Union in 2020, adopted under the United Nations Framework Convention on Climate...
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