China's carbon emission reductions: Economics and modelling

front page: Market mechanisms for China's carbon emission
reductions Market mechanisms for China's carbon emission reductions: Economics, modelling and international experience, is a collection of policy research papers and key findings and recommendations, which is the result of the final stage of a cooperative carbon market research, design and capacity building project between China and Australia. The project was funded by the Australian Department of Climate Change and Energy Efficiency (DCCEE). It was implemented by Monash University’s Centre of Policy Studies (Monash/CoPS), Melbourne, in cooperation with and in support of the China State Information Centre (SIC) under the National Development and Reform Commission (NDRC) in Beijing.

The project evaluated policy options for cost-effective market mechanisms (emissions trading/carbon pricing) for carbon emission abatement in China. Qualitative analysis of market instrument choice and policy design on the basis of economic principles and international experience were undertaken. These studies and the technical advice offered were designed to stimulate informed carbon pricing policy discussions in China, and inform Chinese Government policy-making to develop frameworks for a national carbon emissions trading system by 2016, for national implementation during China’s 13th Five Year Plan (2016-2020).

The report can be downloaded as a pdf file.