Download or read book Price Analysis of China s Carbon Emissions written by Wenju Wang and published by Taylor & Francis. This book was released on 2023-04-28 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the determination of China’s carbon emission targets, especially with regard to the allocation of responsibility of China’s import and export carbon emissions, and carbon emission quota allocations across different time periods, industries, and regions. Research outside of China tends to focus on methods and approaches of carbon emission reduction policies and the impact of their implementation. Instead, within China, the focus has been on discussion of the necessity and conditions for China's development of a low-carbon economy as well as its introduction as a concept in the light of overseas comparisons. This book utilizes game theory, mechanism design, input-output theory, econometric theory and other methods to scrutinize China's carbon emissions and carbon emissions targets across different periods, industries, and regions. The result is a detailed theoretical and empirical investigation of carbon emission issues in the Chinese context. The book will be essential reading for students and scholars of economics, especially those with a focus on Chinese economic development and policymakers in the low-carbon economy sphere.

Download or read book Price Dynamics in China written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-09-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chinese inflation, particularly non-food inflation, has been surprisingly modest in recent years. We find that supply factors, including those captured through upstream foreign commodity and producer prices, have been important drivers of non-food inflation, as has foreign demand for Chinese goods. Domestic demand and monetary conditions seem less important, possibly reflecting a large domestic output gap generated by many years of high investment. Inflation varies systemically within China, with richer (and urban) provinces having lower, more stable, inflation, but this urban inflation also influence that in lower-income provinces. Higher Mainland food inflation also raises inflation in non-Mainland China.

Download or read book Elements of Financial Risk Management written by Peter Christoffersen and published by Academic Press. This book was released on 2011-11-22 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Second Edition of this best-selling book expands its advanced approach to financial risk models by covering market, credit, and integrated risk. With new data that cover the recent financial crisis, it combines Excel-based empirical exercises at the end of each chapter with online exercises so readers can use their own data. Its unified GARCH modeling approach, empirically sophisticated and relevant yet easy to implement, sets this book apart from others. Five new chapters and updated end-of-chapter questions and exercises, as well as Excel-solutions manual, support its step-by-step approach to choosing tools and solving problems. Examines market risk, credit risk, and operational risk Provides exceptional coverage of GARCH models Features online Excel-based empirical exercises

Download or read book Pricing Carbon Emissions in China written by Chia-Lin Chang and published by . This book was released on 2018 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of the paper is to provide a clear mechanism for determining carbon emissions pricing in China as a guide to how carbon emissions might be mitigated to reduce fossil fuel pollution. The Chinese Government has promoted the development of clean energy, including hydroelectric power, wind power, and solar energy generation. In order to involve companies in carbon emissions control, a series of regional and provincial carbon markets have been established since 2013. Since China's carbon market was established in 2013 and mainly run domestically, and not necessarily using market principles, there has been almost no research on China's carbon price and volatility. This paper provides an introduction to China's regional and provincial carbon markets, proposes how to establish a national market for pricing carbon emissions, discusses how and when these markets might be established, how they might perform, and the subsequent prices for China's regional and national carbon markets. Power generation in manufacturing consumes more than other industries, with more than 40% of total coal consumption. Apart from manufacturing, the northern China heating system also relies on fossil fuels, mainly coal, which causes serious pollution. In order to understand the regional markets well, it is necessary to analyze the energy structure in these regions. Coal is the primary energy source in China, so that provinces that rely heavily on coal receive a greater number of carbon emissions permits from the Chinese Government. In order to establish a national carbon market for China, a detailed analysis of eight important regional markets will be presented. The four largest energy markets, namely Guangdong, Shanghai, Shenzhen and Hubei, traded around 82% of the total volume and 85% of the total value of the seven markets in 2017, as the industry structure of the western area is different from that of the eastern area. The China National Development and Reform Commission has proposed a national carbon market, which can attract investors and companies to participate in carbon emissions trading. This important issue will be investigated in the paper.

Download or read book Energy Economics CO2 Emissions in China written by Yiming Wei and published by Springer Science & Business Media. This book was released on 2011-05-25 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Energy Economics: CO2 Emissions in China" presents a collection of the researches on China's CO2 emissions as studied by the Center for Energy & Environmental Policy Research (CEEP). Based on the analysis of factors related to global climate change and CO2 emissions, it discusses China's CO2 emissions originating from various sectors, diverse impact factors, as well as proposed policies for reducing carbon emissions. Featuring empirical research and policy analysis on focused and critical issues involving different stages of CO2 emissions in China, the book provides scientific supports for researchers and policy makers in dealing with global climate change.

Download or read book The Economics of Climate Change in China written by Fan Gang and published by Routledge. This book was released on 2013-09-13 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: China faces many modernization challenges, but perhaps none is more pressing than that posed by climate change. China must find a new economic growth model that is simultaneously environmentally sustainable, can free it from its dependency on fossil fuels, and lift living standards for the majority of its population. But what does such a model look like? And how can China best make the transition from its present macro-economic structure to a low-carbon future? This ground-breaking economic study, led by the Stockholm Environment Institute and the Chinese Economists 50 Forum, brings together leading international thinkers in economics, climate change, and development, to tackle some of the most challenging issues relating to China's low-carbon development. This study maps out a deep carbon reduction scenario and analyzes economic policies that shift carbon use, and shows how China can take strong and decisive action to make deep reductions in carbon emission over the next forty years while maintaining high economic growth and minimizing adverse effects of a low-carbon transition. Moreover, these reductions can be achieved within the finite global carbon budget for greenhouse gas emissions, as determined by the hard constraints of climate science. The authors make the compelling case that a transition to a low-carbon economy is an essential part of China's development and modernization. Such a transformation would also present opportunities for China to improve its energy security and move its economy higher up the international value chain. They argue that even in these difficult economic times, climate change action may present more opportunities than costs. Such a transformation, for China and the rest of the world, will not be easy. But it is possible, necessary and worthwhile to pursue.

Download or read book Carbon Emissions Trading in China written by Qin Tianbao and published by Edward Elgar Publishing. This book was released on 2023-10-06 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emissions Trading Systems (ETS) have been hailed as a game changer for the evolving climate crisis. This book provides an in-depth analysis of China’s carbon ETS, including its legal and policy frameworks, carbon market mechanisms, and international and comparative implications.

Download or read book Climate Change and Industry Structure in China written by Chu Wei and published by Taylor & Francis. This book was released on 2022-07-30 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: As carbon dioxide is the most important source of greenhouse gases today, its emission quantity has become a primary focus of governments, scholars, and the general public. From the perspective of the structure of Chinese industry, this book aims to answer two questions. First, what is the driving force of China’s CO2 emissions and how does this relate to the structure of industry? Second, what is the potential for abatement and the cost of CO2 across sectors and regions, and the impact for industry? The author calculates the CO2 inventory data at province and sectoral level based on the approach of the Intergovernmental Panel on Climate Change (IPCC) and then quantifies the CO2 abatement potential and marginal abatement cost using this production framework. Econometric models are used to examine the likely impact on industry of abatement potential and cost. The book hence provides a rich source of information for general readers to better understand the characteristics, patterns and drivers of China’s CO2 emissions. It also provides solid evidence for policy-makers to help mitigate CO2 emissions through industrial restructuring strategy.

Download or read book A Comprehensive Package of Macroeconomic Policy Measures for Implementing China s Climate Mitigation Strategy written by Jean Chateau and published by International Monetary Fund. This book was released on 2022-07-15 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents ways for China to achieve its climate goals while also attain high-quality growth—growth that is balanced, inclusive, and green. Using a dynamic computable general equilibrium model that is calibrated to China, multiple scenarios are considered that incorporate a sequence of layered policies: (i) frontloading mitigation with an earlier emissions peak, (ii) power market reforms, and (iii) economic rebalancing. The results highlight that these policies can significantly contribute to the success of the climate strategy overall, including by lowering the shadow price of carbon as well as the associated mitigation costs. Distribution analysis offers proposals to lessen the impact on vulnerable households.

Download or read book Climate Change and Industry Structure in China written by Chu Wei and published by Routledge. This book was released on 2020-02-25 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: In order to effectively address global warming, many countries have significantly reduced the amount of carbon dioxide emissions that are put into the atmosphere. From the perspective of industrial structure, this volume examines the emission reduction potentials and abatement costs in China. By making an empirical analysis of the emission reduction, the author proposes some practical strategies. The book comprehensively summarizes related theories and research of contaminant disposal modeling, and estimates the shadow price of interprovincial CO2 emissions, the emission reduction potential of different regions, and the marginal emission reduction cost based on the parametric model. It finally puts forward the strategy to adjust the industrial structure in China. The book hence provides solid evidence for policy-makers to help mitigate CO2 emissions through industrial restructuring strategy.

Download or read book Investment under Uncertainty written by Robert K. Dixit and published by Princeton University Press. This book was released on 2012-07-14 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: How should firms decide whether and when to invest in new capital equipment, additions to their workforce, or the development of new products? Why have traditional economic models of investment failed to explain the behavior of investment spending in the United States and other countries? In this book, Avinash Dixit and Robert Pindyck provide the first detailed exposition of a new theoretical approach to the capital investment decisions of firms, stressing the irreversibility of most investment decisions, and the ongoing uncertainty of the economic environment in which these decisions are made. In so doing, they answer important questions about investment decisions and the behavior of investment spending. This new approach to investment recognizes the option value of waiting for better (but never complete) information. It exploits an analogy with the theory of options in financial markets, which permits a much richer dynamic framework than was possible with the traditional theory of investment. The authors present the new theory in a clear and systematic way, and consolidate, synthesize, and extend the various strands of research that have come out of the theory. Their book shows the importance of the theory for understanding investment behavior of firms; develops the implications of this theory for industry dynamics and for government policy concerning investment; and shows how the theory can be applied to specific industries and to a wide variety of business problems.

Download or read book Stochastic Volatility written by Neil Shephard and published by Oxford University Press, USA. This book was released on 2005 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stochastic volatility is the main concept used in the fields of financial economics and mathematical finance to deal with time-varying volatility in financial markets. This work brings together some of the main papers that have influenced this field, andshows that the development of this subject has been highly multidisciplinary.

Download or read book China s Energy Efficiency and Conservation written by Bin Su and published by Springer. This book was released on 2016-04-07 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Brief identifies various aspects of energy challenges faced by the Chinese central/local governments, and also provides an opportunity to study how best to achieve green growth and a low-carbon transition in a developing country like China. The progress of China’s carbon mitigation policies also has significant impacts on the on-going international climate change negotiations. Therefore, both policy- makers and decision-makers in China and other countries can benefit from studying the challenges and opportunities in China’s energy development.

Download or read book Interactions Between China s National Emissions Trading Scheme and Electricity Market Practices and Policies written by Tsun Se Cheong and published by Frontiers Media SA. This book was released on 2023-11-03 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s national carbon market, the world’s largest emissions trading scheme (ETS), kicked off its first online trade recently. This can be called a milestone for the country towards the nation’s goals of having CO2 emissions peak before 2030 and achieving carbon neutrality by 2060. China’s national ETS initially covers the power sector, before being expanded to a much broader set of energy-intensive industries. On one hand, the electricity sector, the largest carbon-emitting industry, is responsible for about 40% of China’s emissions, and it has great significance to response to global climate change. On the other hand, the effectiveness of China’s ETS will rest on how well it is coordinated with power market regulations and policies. In this regard, the deepening of reform, as well as the advanced technology and its applications in the electricity market will add new challenges and opportunities to electricity trade, which, in turn, influences national ETS. Therefore, this brings urgency to accurately capture the dynamic interactions between national ETS and electricity market to transform carbon trading into a practical and effective way to decarbonize the power sector.

Download or read book Carbon Emissions in China written by Zhu Liu and published by Springer. This book was released on 2016-07-07 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study analyzes the spatial-temporal pattern and processes of China’s energy-related carbon emissions. Based on extensive quantitative analysis, it outlines the character and trajectory of China’s energy-related carbon emissions during the period 1995-2010, examining the distribution pattern of China’s carbon emissions from regional and sectoral perspectives and revealing the driving factors of China’s soaring emission increase. Further, the book investigates the supply chain carbon emissions (the carbon footprints) of China’s industrial sectors. Anthropogenic climate change is one of the most serious challenges currently facing humankind. China is the world’s largest developing country, top primary energy consumer and carbon emitter. Achieving both economic growth and environmental conservation is the country’s twofold challenge. Understanding the status, features and driving forces of China’s energy-related carbon emissions is a critical aspect of attaining global sustainability. This work, for the first time, presents both key findings on and a systematic evaluation of China’s carbon emissions from energy consumption. The results have important implications for global carbon budgets and burden-sharing with regard to climate change mitigation. The book will be of great interest to readers around the world, as it addresses a topic of truly global significance.

Download or read book OECD Series on Carbon Pricing and Energy Taxation Effective Carbon Rates 2021 Pricing Carbon Emissions through Taxes and Emissions Trading written by OECD and published by OECD Publishing. This book was released on 2021-05-05 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Carbon pricing very effectively encourages the shift of production and consumption choices towards low and zero carbon options that is required to limit climate change. Are countries using this tool to its full potential? This report measures the pricing of CO2-emissions from energy use in 44 OECD and G20 countries, covering around 80% of world emissions.

Download or read book Climate Change and Industry Structure in China written by Chu Wei and published by Routledge. This book was released on 2020-02-24 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: As carbon dioxide is the most significant source of greenhouse gases today, its emission quantity has become a primary focus of governments, scholars and the general public. From the perspective of industrial structure, the book mainly explores the features of carbon emissions in China. The author thoroughly studies related theories and literature about industrial structure and climate change, and reviews the different development histories of developed countries and China. Based on historical data, this volume discusses the influence of interprovincial industrial structure and income level on carbon emissions, and tries to estimate different industrial sectors' carbon emissions. It especially studies the case of Zhejiang Province, and analyses several factors which affect CO2 emissions. The book provides international readers with rich information about the characteristics, patterns and drivers of China’s CO2 emissions, which will definitely help scholars and students better understand China's economy.