| ID | 096742 |
| Title Proper | Can China benefit from adopting a binding emissions target? |
| Language | ENG |
| Author | Schmidt, Robert C ; Marschinski, Robert |
| Publication | 2010. |
| Summary / Abstract (Note) | In the run-up to the Copenhagen climate summit, the USA announced an emissions reduction target of 17% by 2020 (relative to 2005), and the EU of 20-30% (relative to 1990). For the same time horizon, China offered to reduce the CO2-intensity of its economy by 40-45% (relative to 2005), but rejects a legally binding commitment. We use the targets announced by the EU and the USA to analyze the potential gain for China if it were to adopt a binding emissions target and join an international emissions trading scheme. We show that China would likely benefit from choosing a binding target well below its projected baseline emissions for 2020. |
| `In' analytical Note | Energy Policy Vol. 38, No. 7; Jul 2010: p.3763-3770 |
| Journal Source | Energy Policy Vol. 38, No. 7; Jul 2010: p.3763-3770 |
| Key Words | Abatement Costs ; Emissions Trading ; Climate Policy |