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	International cooperation mechanisms for carbon reduction
	Chen Wenying ; Teng Fei
	2010-05-10 ; 2010-05-10
关键词	Economic Practical/ air pollution carbon energy conservation legislation oligopoly renewable energy sources sustainable development/ international cooperation mechanisms carbon reduction requirements Clean Development Mechanism projects China sustainable development Kyoto target marginal abatement cost curves oligopoly carbon market market structures perfect competition cooperation oligopoly noncooperation oligopoly India equilibrium carbon market price carbon equivalence energy efficiency improvement renewable energy source development new energy source development coal bed methane recovery coal bed methane utilization/ E0230 Environmental issues E0220 Economics E0270 Legal aspects
中文摘要	Clean Development Mechanism (CDM) projects can help promote China's sustainable development. This paper presents an analysis of the carbon reduction requirements for Annex I parties to achieve the Kyoto target and the marginal abatement cost curves in different regions, to develop a model of international cooperation mechanisms for carbon reduction. The model can simulate the perfect competition and an oligopoly carbon market. The model was used to simulate the carbon market in the first commitment period with consideration of different possible market structures including perfect competition, the former Soviet Union's oligopoly, and a cooperation or non-cooperation oligopoly of China and India. The results show that China and India together share around 70% of the global CDM potential, so they can have a large impact on the market. In year 2010, the equilibrium carbon market price will be in the range of 0 ~ 66 USD middot t/sup -1/, with global CDM potentials varying from 0 to 210 Mt carbon equivalence and China's CDM potentials varying from O to 120 Mt carbon equivalence. With such large CDM potentials, China should actively implement CDM projects in high priority fields such as energy efficiency improvement, development of new and renewable energy sources, and recovery and utilization of methane and coal bed methane.
语种	英语 ; 英语
出版者	Tsinghua Univ. Press ; China
内容类型	期刊论文
源URL	[http://hdl.handle.net/123456789/23011]
专题	清华大学
推荐引用方式 GB/T 7714	Chen Wenying,Teng Fei. International cooperation mechanisms for carbon reduction[J],2010, 2010.
APA	Chen Wenying,&Teng Fei.(2010).International cooperation mechanisms for carbon reduction..
MLA	Chen Wenying,et al."International cooperation mechanisms for carbon reduction".(2010).

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