China Carbon Pricing Survey 2013

Frank Jotzo, Dimitri de Boer and Hugh Kater

CCEP Working Papers from Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University

Abstract: This paper summarises results from the inaugural China Carbon Pricing Survey. The survey elicited expectations about the future of China's carbon price from China-based experts on carbon pricing and carbon markets during July to September 2013. The results indicate confidence that all seven of China's pilot schemes will be under way by 2015, with prices rising over time and having an effect on investment decisions; however there is significant uncertainty about price levels. There is strong confidence that China will proceed to introduce national emissions trading, probably in conjunction with a carbon tax. Carbon price levels are expected to rise, in time exceeding those currently prevailing in the EU emissions trading scheme. A large majority of respondents expect that China's 2020 emissions intensity target will be achieved or surpassed, and almost all expect further targets to be adopted in 2025 and 2030, possibly in the form of absolute limits on emissions.

Keywords: Carbon pricing; emissions trading; carbon tax; public policy; expert survey; China (search for similar items in EconPapers)
JEL-codes: Q54 (search for similar items in EconPapers)
Date: 2013-10
New Economics Papers: this item is included in nep-ene and nep-env
References: Add references at CitEc
Citations: View citations in EconPapers (9)

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Working Paper: China Carbon Pricing Survey 2013 (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:een:ccepwp:1305

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