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GTAP Resource #3583

"Developing an Economic Model for Examining Greenhouse Issues in China"
by Adams, Philip

In a recent presentation to China’s State Information Centre (SIC), I outlined some of the results obtained from economic modelling of the impacts of an Emissions Trading Scheme (ETS) in Australia. The purpose of this paper is twofold. First, to document in detail the modelling and projected impacts of the Australian ETS. Second, drawing on this modelling, to outline the key features of a bottom-up regional model of China for the purpose of examining greenhouse issues.

The proposed bottom-up dynamic regional model of China (SIC China Multi-Provincial Forecasting Model, or MPFM) ideally should include similar features to that used in MMRF. These include: detailed accounting for energy consumption and production, and greenhouse emissions; mechanisms allowing for fuel substitution in electricity production; and a comprehensive representation of energy use in transportation.
Finally, it should be noted that while debate in Australia has centred around an ETS, simulations with the China regional CGE model can be used to analyse the effects of many kinds of abatement policies. These include policies designed to reduce greenhouse gas emissions via increasing the share of renewable energy, and by improving energy efficiency through closing down less efficient production capacities.

Resource Details (Export Citation) GTAP Keywords
Category: 2011 Conference Paper
Status: Published
By/In: Presented at the 14th Annual Conference on Global Economic Analysis, Venice, Italy
Date: 2011
Created: Adams, P. (4/15/2011)
Updated: Adams, P. (4/15/2011)
Visits: 2,150
- Climate change policy
- Dynamic modeling
- Asia (East)

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