China
Country indicators
Fossil fuel subsidies (USD, billions):
Fossil fuel subsidies with externalities (% of GDP):
News
EU’s border tax gives countries 5 years to clean up industries or face penalties
Unpopular among the bloc’s trading partners, countries are seeking exemptions to the carbon levy, as Brussels hints alternatives to pricing may be considered to dodge the tax The European Union
Here’s What’s in the New Climate Plans From the EU and China
The European Union (EU) and China announced sweeping plans this week to dramatically reduce greenhouse-gas emissions to slow the pace of climate change. Many scientists say the warming climate is creating more
Explainer: How will China’s new national carbon emissions trading scheme (ETS) work?
China expects trading to commence on its long awaited national carbon emissions trading scheme (ETS) this month, and sources aware of the plans expect a launch ceremony to be held on Friday.
Reports
At the Crossroads: Balancing the financial and social costs of coal transition in China (GSI)
This report by the Global Subsidies Initiative (GSI) examines the current status of the coal transition in Shanxi and proposes how reform can be managed to ensure that economic, social
Taxing Energy Use 2015 (OECD)
This OECD report provides a systematic analysis of the structure and level of energy taxes in OECD and selected partner countries, which together cover 80% of global energy use. The
OECD-IEA inventory of fossil fuels and other support
The OECD-IEA Inventory of Support Measures for Fossil Fuels provides updated fossil fuel support data for 34 OECD member countries and six partner countries, including a number of measures applied