Hübler, Michael; Voigt, Sebastian; Löschel, Andreas - In: Energy Policy 75 (2014) C, pp. 57-72
We assess recent Chinese climate policy proposals in a multi-region, multi-sector computable general equilibrium model … with a Chinese carbon emissions trading scheme (ETS). When the emissions intensity per GDP in 2020 is required to be 45 …% lower than in 2005, the model simulations indicate that the climate policy induced welfare loss in 2020, measured as the …