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...

We carry out a detailed computable general equilibrium (CGE) analysis of the EU Decarbonisation Roadmap 2050 on a macroeconomic and on a sectoral level. Herein, we study a Reference scenario that implements existing EU policies as well as 3 unilateral and 3 global climate action scenarios. We...

(1) We estimate CO2 implicitly exported via commodities relative to a region's total emissions: We find −15% for the industrialized, 12% for the developing region, and 24% for China. (2) We analyze a Contraction and Convergence climate regime in a CGE model including international capital...