全球智库信息集成服务系统(G2TT): Quantifying Regional Economic Impacts of CO2 Intensity Targets in China

G2TT

来源类型	Report
规范类型	报告
	Quantifying Regional Economic Impacts of CO2 Intensity Targets in China
	Zhang, Da; Rausch, Sebastian; Karplus, Valerie; Zhang, Xiliang
发表日期	2012-09
出版者	MIT Joint Program on the Science and Policy of Global Change
出版年	2012
语种	英语
摘要	To address rising energy use and CO2 emissions, China’s leadership has enacted energy and CO2 intensity targets under the Twelfth Five-Year Plan (2011–2015), which are defined at both the national and provincial levels. We develop a computable general equilibrium (CGE) model with global coverage that disaggregates China’s 30 provinces and includes energy system detail, and apply it to assess the impact of provincial CO2 emissions intensity targets. We compare the impact of the provincial targets approach to a single national target for China that achieves the same reduction in CO2 emissions intensity at the national level. We find that at the national level, the national target results in 25% lower welfare loss relative to the provincial targets approach. Given that the regional distribution of impacts has been an important consideration in the target-setting process, we focus on the changes in provincial level CO2 emissions intensity, CO2 emissions, energy consumption, and economic welfare. We observe significant heterogeneity across provinces in terms of the energy system response as well as the magnitude and sometimes sign of welfare impacts. We further model the current policy of fixed end-use electricity prices in China and find that national welfare losses increase. Assumptions about capital mobility have a substantial impact on national welfare loss, while assumptions about natural gas resource potential does not have a large effect.
URL	https://www.research-collection.ethz.ch/handle/20.500.11850/58867
来源智库	Centre for Energy Policy and Economics (Switzerland)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/266441
推荐引用方式 GB/T 7714	Zhang, Da,Rausch, Sebastian,Karplus, Valerie,et al. Quantifying Regional Economic Impacts of CO2 Intensity Targets in China. 2012.