Carbon Pricing to Accelerate the Diffusion of Low Carbon Technology in China (IGES)
This policy brief by the Institute for Global Environmental Strategies (IGES) suggests that carbon pricing can accelerate the diffusion of low-carbon technology in China, based on the results of empirical studies conducted by Kansai Research Centre of IGES focusing on China’s most energy intensive industries. It finds that even a moderate carbon price could bring about much earlier diffusion of many low-carbon technologies. Furthermore, a moderate carbon price would not significantly reduce the profits of Chinese companies, and it should be acceptable to them. The policy brief is available to download on the IGES website.