Regional impact of emission reduction target allocation in China

During the 12th Five-Year Plan (FYP) period of China (2011-2015), Chinese government set the carbon intensity emission reduction target for the first time. This target is allocated to all the provinces in China without a trading mechanism. In our study, we aim to evaluate the impact among provinces in China, and the difference of this impact if there is a trading mechanism for emission reduction.General equilibrium modeling. A multi-regional CGE model is built for this study.GDP and output of energy intensity industries change among provinces in China w/o a trading mechanism for emission reduction.