Climate mitigation in China : which policies are most effective /

Climate mitigation in China : which policies are most effective /

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Bibliographic Details
Author / Creator:Parry, Ian W. H. (Ian William Holmes), 1965- author, (IMF staff)
Imprint:[Washington, D.C.] : International Monetary Fund, [2016]
©2016
Description:1 online resource (71 pages) : color illustrations.
Language:English
Series:IMF working paper ; WP/16/148
IMF working paper ; WP/16/148.
Subject:
Climate change mitigation -- China.
Carbon dioxide mitigation -- China.
Air -- Pollution -- China.
Air -- Pollution.
Carbon dioxide mitigation.
Climate change mitigation.
China.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12507535
Hidden Bibliographic Details
Other authors / contributors:Shang, Baoping, author, (IMF staff)
Wingender, Philippe, author, (IMF staff)
Vernon, Nate, author, (IMF staff)
Narasimhan, Tarun, author, (IMF staff)
International Monetary Fund, publisher.
International Monetary Fund. Fiscal Affairs Department, issuing body.
ISBN:9781475574524
1475574525
Notes:"July 2016."
At head of title: International Monetary Fund, Fiscal Affairs Department.
Includes bibliographical references (pages 67-71).
Description based on online resource; title from pdf title page (IMF.org Web site, viewed September 14, 2016).
Summary:For the 2015 Paris Agreement on climate change, China pledged to reduce the carbon dioxide (CO2) intensity of GDP by 60--65 percent below 2005 levels by 2030. This paper develops a practical spreadsheet tool for evaluating a wide range of national level fiscal and regulatory policy options for reducing CO2 emissions in China in terms of their impacts on emissions, revenue, premature deaths from local air pollution, household and industry groups, and overall economic welfare. By far, carbon and coal taxes are the most effective policies for meeting environmental and fiscal objectives as they comprehensively cover emissions and have the largest tax base.
Table of Contents:
  • Cover; Contents; Abstract; Executive Summary; I. Introduction; II. Analytical Framework; A. Energy Sectors; B. Policies; III. Results; A. Baseline Projections; B. Policy Comparison; C. Sensitivity Analyses; D. Comparison with a Fully Efficient Policy; IV. Incidence of Energy Pricing Reform; A. Incidence of a Carbon Tax on Households; B. Sectoral Incidence; V. Administrative and Design Issues; VI. Use of Revenues; VII. Conclusion; References; Tables; 1. Emissions Pledges Submitted for the 2015 Paris Agreement: Large Emitting Countries/Regions; 2. Model Notation; 3. Policy Scenarios
  • 4. Sensitivity Analysis: Moderate Policy Scenarios in 20305. Estimated Cost Increase from Moderate Carbon Tax, 2020; Figures; 1. Outdoor Air Pollution Mortality Rates and Pollution Concentrations, Selected Countries, 2010; 2. Energy Use and CO[sub(2)]: Baseline Scenario; 3. CO[sub(2)] Intensity of GDP: Alternative Scenarios; 4. Primary Energy by Product: Baseline Scenario; 5. CO[sub(2)] by Primary Fuel: Baseline Scenario; 6. CO[sub(2)] by Sector: Baseline Scenario; 7. Energy Prices: Baseline Scenario; 8. Air Pollution Deaths by Product: Baseline Scenario
  • 9. Carbon Emissions Reductions in 2020 and 203010. CO[sub(2)] Reductions by Product and Sector; 11. Fiscal Gains in 2020 and 2030; 12. Reductions in Pollution-Related Premature Deaths in 2020 and 2030; 13. Pollution-Related Premature Deaths: 2015-30; 14. Domestic Economic Benefits and Costs in 2030; 15. Carbon Tax versus a Fully Efficient Pricing Policy in 2030; 16. Composition of Household Energy Expenditure by Income Group, 2012; 17. Impact of a Carbon Tax, 2025; 18. Impact of a Carbon Tax by Energy Product; 19. Distributional Impact of a Carbon Tax: Consumption vs. Income
  • 20. Cost Increases from Carbon Tax and Exports21. Sectoral Cost Increase and Rebalancing Indicators; Appendices; A. Prior Literature on Climate Policy Options for China; B. Model Parameters; C. Formulas for Measuring Domestic Benefits and Costs of Policies; D. Fully Efficient Pricing Policy; E. Additional Parameters for Welfare Calculations and Fully Efficient Pricing Policy; Appendix; Table B1. Model Parameters

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