Energy and Climate Change in China

Carlo Carraro () and Emanuele Massetti

No 2011.16, Working Papers from Fondazione Eni Enrico Mattei

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.

Keywords: Climate Change; China; Energy Efficiency; Energy and Development (search for similar items in EconPapers)
JEL-codes: Q4 (search for similar items in EconPapers)
Date: 2011-02
New Economics Papers: this item is included in nep-ene, nep-env and nep-tra
References: Add references at CitEc
Citations: View citations in EconPapers (8)

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Related works:
Journal Article: Energy and climate change in China (2012)
Working Paper: Energy and Climate Change in China (2012)
Working Paper: Energy and Climate Change in China (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:fem:femwpa:2011.16

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