Rethinking the choice of carbon tax and carbon trading in China

• Published in: Technological forecasting & social change Vol. 159; p. 120187
• Main Authors: Jia, Zhijie, Lin, Boqiang
• Format: Journal Article
• Language: English
• Published: New York Elsevier Inc 01.10.2020; Elsevier B.V; Elsevier Science Ltd
• Subjects: Air quality management; Analysis; Business schools; Carbon; Carbon cap-and-trade; Carbon dioxide; Carbon tax; Carbon taxes; Computable general equilibrium (cge) model; Economic growth; Economic incentives; Emission analysis; emission reduction; Emission trading scheme; Emissions control; Emissions trading; Energy; Energy industry; Energy minerals; Energy policy; Environmental tax; Financial markets; Fossil fuels; GDP; Gross Domestic Product; Incentives; Markets; Residential energy; Taxation; China; Carbon cap-and-trade; Emission trading scheme; emission reduction; Computable general equilibrium (cge) model; Carbon tax

•Carbon tax on energy production industry increases energy supply cost, and carbon trading increases energy demand cost.•Carbon tax directly reduces energy production and indirectly reduces CO2 emissions via international and domestic trade.•Carbon trading directly reduces the carbon emissions of co...