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