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An Integrated Assessment of the Economic Costs and Environmental Benefits of Pollution and Carbon Control

In: The Chinese Economy

Author

Listed:
  • Jing Cao

    (Tsinghua University)

  • Mun S. Ho

    (Harvard University)

  • Dale Jorgenson

    (Harvard University)

Abstract

Concerns over energy security and domestic air quality have led the Chinese government to reduce the country’s overwhelming dependence on fossil fuels and to shift to a more energy- and resource-efficient development trajectory. Considering the international climate negotiations, this goal now has added emphasis on carbon intensity. The 11th Five-year Plan (FYP) set explicit targets for energy efficiency and pollutant emissions and this has led to a number of ambitious implementing measures. The government recently also set a carbon intensity target for 2020: reducing it by 40–45 per cent compared with the 2005 carbon emissions:GDP ratio. Despite the current global economic slowdown, and partly due to the strong fiscal stimulus in 2009, the growth of the Chinese economy and its resource demands are so swift that they are overwhelming many of these efforts, most notably in emissions of carbon dioxide (CO2), the leading greenhouse gas (GHG).

Suggested Citation

  • Jing Cao & Mun S. Ho & Dale Jorgenson, 2012. "An Integrated Assessment of the Economic Costs and Environmental Benefits of Pollution and Carbon Control," International Economic Association Series, in: Masahiko Aoki & Jinglian Wu (ed.), The Chinese Economy, chapter 10, pages 231-256, Palgrave Macmillan.
  • Handle: RePEc:pal:intecp:978-1-137-03429-8_11
    DOI: 10.1057/9781137034298_11
    as

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    Citations

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    Cited by:

    1. Nam, Kyung-Min & Waugh, Caleb J. & Paltsev, Sergey & Reilly, John M. & Karplus, Valerie J., 2014. "Synergy between pollution and carbon emissions control: Comparing China and the United States," Energy Economics, Elsevier, vol. 46(C), pages 186-201.
    2. Tian, Xu & Dai, Hancheng & Geng, Yong & Huang, Zhen & Masui, Toshihiko & Fujita, Tsuyoshi, 2017. "The effects of carbon reduction on sectoral competitiveness in China: A case of Shanghai," Applied Energy, Elsevier, vol. 197(C), pages 270-278.
    3. Liu, Xianbing & Wang, Can & Zhang, Weishi & Suk, Sunhee & Sudo, Kinichi, 2013. "Company's affordability of increased energy costs due to climate policies: A survey by sector in China," Energy Economics, Elsevier, vol. 36(C), pages 419-430.
    4. Bing Wang & Yifan Wang & Yuqing Zhao, 2021. "Collaborative Governance Mechanism of Climate Change and Air Pollution: Evidence from China," Sustainability, MDPI, vol. 13(12), pages 1-16, June.
    5. Liu, Xianbing & Niu, Dongjie & Bao, Cunkuan & Suk, Sunhee & Sudo, Kinichi, 2013. "Affordability of energy cost increases for companies due to market-based climate policies: A survey in Taicang, China," Applied Energy, Elsevier, vol. 102(C), pages 1464-1476.

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