In contributing to global climate change mitigation efforts as agreed in Paris in 2015, China has set a target of reducing the carbon dioxide intensity of gross domestic product by 60-65 percent in 2030 compared with 2005 levels.
This letter analyzes the distributional effects of a carbon tax reform when households must consume carbon-intensive goods above a subsistence level. The reform is progressive if revenues are recycled as uniform lump-sum transfers, in other cases it is regressive.
The paper evaluates the impacts on investments and public finance of a transition to a green, low carbon, economy induced by carbon taxation. Four global tax scenarios are examined using the integrated assessment model WITCH.
Using a computable general equilibrium, this paper quantifies the GDP and employment effects of an illustrative greenhouse gas emissions reduction policy.
China’s economy continues to grow rapidly with corresponding increases in both energy consumption and environmental pollution. Renewable energy is a key part of China’s response to this challenge.
E-waste – electrical and electronic waste – is one of today’s fastest growing waste streams. By managing it well, we can recover valuable raw materials and reusable parts, with significant associated emissions savings.
Two simultaneous and interdependent issues challenge today’s development policy: poverty reduction and climate change.