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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 …
Persistent link: https://www.econbiz.de/10012058936
2030. If China’s annual economic growth rate is 0.5 percentage points higher (lower), the climate policy‐induced welfare …’s reduction effort creates at best a small benefit for China, yet with smaller sectoral output reductions than auctioning. These …
Persistent link: https://www.econbiz.de/10010258785
Persistent link: https://www.econbiz.de/10010389378
Economic thought on climate policy as an instance of environmental regulation is strongly influenced by the principle of a uniform carbon price. Economists acknowledge that this principle breaks down in a second-best world with other distortions, such as taxes and market power in domestic and...
Persistent link: https://www.econbiz.de/10010343780
We theoretically and numerically analyse the impacts for a small, open country with carbon abatement ambitions of joining a coalition with allowance trading. Besides welfare impacts for both the coalition and the small, open economy joining the coalition, we scrutinise how the studied policy...
Persistent link: https://www.econbiz.de/10012428926
We theoretically and numerically analyse the impacts for a small, open country with carbon abatement ambitions of joining a coalition with allowance trading. Besides welfare impacts for both the coalition and the small, open economy joining the coalition, we scrutinise how the studied policy...
Persistent link: https://www.econbiz.de/10012513117
A simple model is used to illustrate the effects of a reduction in (marginal) abatement cost in a two country setting. It can be shown that a the country experiencing a cost reduction can actually be worse off. This holds true for a variety of quantity and price based emission policies. The most...
Persistent link: https://www.econbiz.de/10010357897
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...
Persistent link: https://www.econbiz.de/10014486393
There is an urgent need to mitigate global warming for all countries around the world. The People's Republic of China …
Persistent link: https://www.econbiz.de/10013280057
Persistent link: https://www.econbiz.de/10013201735