The Economics of Climate Change in China: Towards a Low Carbon Economy

Although The Economics of Climate Change in China: Towards a Low Carbon Eonomy carries a formal release date of September 2010, the book is already finished – so we’ll take the opportunity here to note its existence.  Chapter 8 is entitled “Comparison of Equity Frameworks and a China Analysis of the Greenhouse Development Rights Concept,” and it’s followed immediately by another named “A Deep Carbon Reduction Scenario for China.”   Here’s the core of the abstract:

“This ground-breaking economic study, led by the Stockholm Environment Institute and the Chinese Economists 50 Forum, brings together leading international thinkers in economics, climate change, and development, to tackle some of the most challenging issues relating to China’s low-carbon development. This study maps out a deep carbon reduction scenario and analyses economic policies that shift carbon use, and shows how China can take strong and decisive action to make deep reductions in carbon emission over the next 40 years while maintaining high economic growth and minimizing adverse effects of a low-carbon transition. Moreover, these reductions can be achieved within the finite global carbon budget for greenhouse gas emissions, as determined by the hard constraints of climate science.”