Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7406235 | Energy Policy | 2012 | 13 Pages |
Abstract
⺠We examine the effect of China's technological innovation to curb its carbon emissions. ⺠A mechanism of R&D-induced technical change is incorporated into an intertemporal CGE model. ⺠Private R&D efforts and public R&D intervention are insufficient to achieve climate target. ⺠A carbon tax is indispensable to achieve climate target but at the cost of output losses. ⺠Induced technical change can partially mitigate the deadweight loss incurred by carbon tax.
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Physical Sciences and Engineering
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Energy Engineering and Power Technology
Authors
Wei Jin,