Aiming Low: The Ambition Deficit in Global Emissions Reductions
As in Durban, a notable concern at this COP is the “ambition deficit”—that is, the significant gap between the Intergovernmental Panel on Climate Change’s recommended level of emissions reductions—those required to limit global temperature rise to 2°C—and the level of emissions reductions currently committed to by countries worldwide. In other words, everyone is aiming low […]
RFF Feature: Tax Incentives for Developing Sewage Treatment Capacity in China
RFF’s Anthony Liu and coauthor Junjie Zhang examine the uneven development of sewage treatment plants throughout China and explore the relationship between tax incentives and investments in such infrastructure. To read the piece in its entirety, click here.
China Losing Money on Solar - a Good Thing, But Not For the Reason You Think
The NYT reports (h/t Alex Tabarrok) that Chinese subsidies for solar panel production via state-owned banks have led to huge overcapacity, with up to 33% losses on panel sales. Tabarrok points out the parallels between Chinese officials’ reactions and the political fallout from failed U.S. government investments in solar. The rhetoric is similar but there […]
Democracy and China: Help or Hindrance to Growth?
Over the past several years, China’s economy has grown by about nine percent on average, while India’s has grown by about eight percent. Both countries are taking ambitious steps to reduce their carbon emissions. India has established a program called Perform, Achieve and Trade (PAT) that will set efficiency levels for the country’s top polluters, […]
China’s Solar Feed-In Tariffs: One Technology’s Moment In The Sun?
In early August, China’s National Development and Reform Commission (NDRC) announced the implementation of a national feed-in tariff for solar power, roughly equivalent to 15–18 cents per kilowatt hour (kWh). China hopes these guaranteed subsidies will double its current solar photovoltaic (PV) capacity by the end of 2011. Such a goal might seem wildly ambitious, […]
Changes In Market Mechanisms: The CDM Without China
As the Kyoto Protocol nears its expiration date, the sometimes controversial Clean Development Mechanism (CDM) is experiencing some dramatic shifts, making its future seem quite different than its past. The CDM was established under the Kyoto Protocol as a way in which developed nations could reduce their carbon emissions to meet the Kyoto targets by […]
Certainty In China’s Energy Consumption Cap
China is often viewed as an obstacle to progress in international climate negotiations, but its domestic action in transitioning to a low-carbon economy is very different. The country already leads the world in wind and solar production and has set carbon intensity targets at 17 percent from 2011 to 2015. By 2020, it plans to […]
The Challenge Of Reducing Carbon Emissions In China
The United States is not the only country that made an emissions reduction pledge in Cancun without an implementation plan already in place. China pledged to reduce its greenhouse gas emissions intensity (emissions per unit of gross domestic product) 40-45% by 2020. Although this pledge arguably falls within China’s business-as-usual emissions pathway, the Chinese government […]
Amidst Conflicting Reports, China’s Emissions Message Sets Positive Tone
Given the history of global climate negotiations, it is no surprise that a lack of trust remains between developing and developed nations in ongoing discussions for a new international agreement. In the context of the U.S. domestic policy debate, this distrust has—rightly or wrongly—been concentrated on China, and has led to calls for strong measurement, […]
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