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Economic Impacts of Meeting China’s NDC through Carbon Taxes with Alternative Schemes for Recycling Tax Revenues (الإنجليزية)

As its Nationally Determined Contribution, China has committed to reduce the emission intensity of its economy by 65 percent below its 2005 level by 2030, to help achieve the objectives of the Paris Climate Agreement. This study examines the economywide impacts of meeting China’s commitment through various policy instruments, including administrative/regulatory mandates and carbon taxes with alternative revenue recycling schemes. The policy scenarios...
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