Publications
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china
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Climate change
Policy design
“Co-benefits” of Greenhouse Gas Mitigation Policies in China: An Integrated Top-Down and Bottom-Up Modeling Analysis
This paper describes an integrated modeling approach to combine a top-down, recursive CGE model with a bottom-up, electricity-sector model to simulate two categories of policies: 1) assessment of three national-level environmental tax policies (carbon tax, fuel tax, and output tax), and 2) analysis of several mixed national policies with sectoral-level non-price emission caps. The potential co-benefits for China are significant. In addition, the fuel tax or carbon tax, combined with a sector-specific carbon-emission cap policy would be the most effective in terms of the joint objectives on carbon abatement, health co-benefits, and induced technology change.
Jing Cao, Mun S. Ho, and Dale W. Jorgenson, "“Co-benefits” of Greenhouse Gas Mitigation Policies in China: An Integrated Top-Down and Bottom-Up Modeling Analysis", EfD Discussion Paper 08-10, a joint publication of the Environment for Development Initiative and Resources for the Future (www.rff.org), Washington DC. April 2008.