Influences of Border Carbon Adjustments on China’s Foreign Trade

Abstract

The EU, the United States and other economies, with the intention to implement unilateral trade measures Border Carbon Adjustments, impose emission reduction pressure on developing countries. Once implemented, the measures will have great impact on China’s foreign trade. Using the input-output table in 2007, this paper had analyzed the influences on China’s foreign trade as a whole and sub-sectors in three tax rates scenarios. The results showed that the tariff level of China’s exports will increase by 3.6%–6.3% if the tax was levied on exports embodied emissions, and by 1.0%–1.7% if levied on export direct emissions. In 2007, the former total amount of carbon tax was about US$42.6–73.0 billion, 4 times that of the latter. Based on export embodied emissions, sectors largely influenced were non-traditional energy intensive ones, such as textile, et al. These sectors should be encouraged to carry out industrial upgrading, raising the value-added of export goods, and reducing their embodied emissions by reduction of energy intensity. Taking into account of the complexity of data collection, the tax levied on products direct emission is more operational. The results showed that the five top sectors most affected were other chemical materials, processing of petroleum and nuclear fuel, coking, smelting and rolling of ferrous metal and textile. Most of them were energy intensive sectors. Therefore, adjusting export products structure, and controlling too fast development of energy intensive industries are also important strategies in China.     

Influences of Border Carbon Adjustments on China＇s Foreign Trade

The EU, the United States and other economies, with the intention to implement unilateral trade measures Border Car- bon Adjustments, impose emission reduction pressure on develop- ing countries. Once ...     

Controversy of International Carbon-motivated Border Tax Adjustment and Its Impact on China’s Manufacturing Industries

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China’s Export Expansion, Export Structure and Energy Consumption

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Comprehensive Appraisal of Provincial Low Carbon Development： A Case Study of China

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An Empirical Study on the Environmental Kuznets Curve for China’s Carbon Emissions:Based on Provincial Panel Data

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The Factor Decomposition on Carbon Emission of China——Based on LMDI Decomposition Technology

Carbon emission is the current hot issue of global concern. How to assess various contributing factors for carbon emission is of great importance to find out the key factors and promote carbon emission reduction. In this paper, the author constructs an identical equation for carbon emission, based on the economic aggregate, the economic structure, the efficiency of energy utilization, the structure of energy consumption, and the coefficient of carbon emission; by applying to LMDI decomposition technology, the author analyzes the carbon emission of China from 1995 to 2007 at industrial level and regional level. The results show that the expansion of economic aggregate is the main reason for China’ s rapidly increasing carbon emission and the increase of energy utilization efficiency is the key factor that can hold back the increase of carbon emission. In addition, the change of industrial structure or regional structure and the change of traditional energy structure have limited influence on the carbon emission, and their potentials have not yet been exploited. At the end of this paper, the author proposes the efforts that China should make to reduce carbon emission.     

Conflict and Coordination Problem of Carbon Tax’ Diversity Targets in China-Based on the Tax Optimization Theory

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Discussion on the Mode of China’s Low-carbon Society and Construction Routes

In responding to global climate change,the idea of low-carbon economy emerges as the times require.Developing low-carbon economy is based on the construction of low-carbon society.The so called "two-orientation society"(resources conservation orientated society and environmental friendly orientated society) is the concrete representation of low-carbon society with Chinese characteristics,and an actual action for China in developing low-carbon economy.Based on urban agglomeration,the paper discusses the meaning of and the route to low-carbon society which would better reflect the intrinsic requirements of such a society.