Climate Mitigation in China : Which Policies Are Most Effective?

Author/Editor:

Ian W.H. Parry ; Baoping Shang ; Philippe Wingender ; Nate Vernon ; Tarun Narasimhan

Publication Date:

July 25, 2016

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

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.

Series:

Working Paper No. 16/148

Subject:

English

Publication Date:

July 25, 2016

ISBN/ISSN:

9781475574524/1018-5941

Stock No:

WPIEA2016148

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

71

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