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Energy and climate change in China

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  • Carraro, Carlo
  • Massetti, Emanuele

Abstract

The paper examines future energy and emissions scenarios in China, presenting historical data and scenarios generated using the Integrated Assessment Model WITCH. A Business-as-Usual scenario is compared with four scenarios in which Greenhouse Gases emissions are taxed, at different levels. Key insights are provided to evaluate the Chinese pledge to reduce the emissions intensity of Gross Domestic Product by 40/45 percent in 2020 contained in the Copenhagen Accord. Marginal and total abatement costs are discussed using the OECD economies as a term of comparison. Cost estimates for different emissions reduction targets are used to assess the political feasibility of the 50 percent global reduction target set by the G8 and Major Economies Forum in July 2009.

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Bibliographic Info

Article provided by Cambridge University Press in its journal Environment and Development Economics.

Volume (Year): 17 (2012)
Issue (Month): 06 (December)
Pages: 689-713

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Handle: RePEc:cup:endeec:v:17:y:2012:i:06:p:689-713_00

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Cited by:
  1. Yingying Lu & Alison Stegman & Yiyong Cai, 2012. "Emissions Intensity Targeting: From China's 12th Five Year Plan to its Copenhagen Commitment," CAMA Working Papers 2012-45, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.

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