China needs to reduce its carbon emissions if global climate change mitigation is to succeed. Conventional economic analysis views cutting emissions as a cost, creating a collective action problem. However, decarbonization can improve productivity and provide co-benefits that accord with...

Many countries pledged to reduce their greenhouse gas emissions by 2020 during the 2009 Copenhagen Accord and the 2010 Cancún Agreement. This paper evaluates the Cancún pledges from two aspects, namely, temperature increase and carbon Gini coefficient. The Model for the Assessment of...

We examine the challenges and opportunities to introduce emissions trading (ETS) in China’s electricity sector, in which the interaction between ETS and electricity market reform plays a major role. China’s electricity sector is currently in a slow progress towards a more competitive and...

China needs to reduce its carbon emissions if global climate change mitigation is to succeed. Conventional economic analysis views cutting emissions as a cost, creating a collective action problem. However, decarbonization can improve productivity and provide co-benefits that accord with...