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The study on China's carbon tax policy to mitigate climate change. |
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Abstract Carbon tax was an effective policy tool to cope with the climate change and promote energy saving and emission reduction. A Computable General Equilibrium Model was set up to simulate the influence of levy carbon tax on China's macro-economy, energy saving and CO2 emission reduction. Low rate carbon tax was a feasible option in China's near future. Lower carbon tax rate have smaller influence on the economic development of China, but can lead to obvious CO2 emission reduction. In order to build China’s carbon tax system, implement the targets of energy-saving and emission reduction, a carbon tax implementation scheme was designed.
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Received: 18 May 2008
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