Roadmap for Carbon Capture and Storage Demonstration and Deployment in the People's Republic of China PDF Download
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Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292570439
Category : Science
Languages : en
Pages : 125
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Book Description
The People's Republic of China (PRC) is taking concerted efforts and making large investments to peak out its carbon dioxide emissions around 2030. While current efforts are prioritizing accelerated energy efficiency and rapid expansion of renewables and nuclear in the energy mix, the fossil fuel related carbon dioxide emissions are still expected to rise even under a "new normal" growth strategies in the PRC. This brings in renewed emphasis on carbon capture and storage (CCS), which is currently the only near-commercial technologies to make deep cuts (up to 90%) in carbon dioxide emissions from fossil fuel related power plants and industries. This report draws on relevant technical assistance from Asian Development Bank (ADB), consultants' reports, and the work of ADB staff to assess the potential, the barriers and the challenges in demonstrating and deploying CCS in the PRC. It identifies unique low cost opportunities, recommends a gradual two phase approach to CCS deployment in the PRC and, provides complementary suite of policy actions to enable it.
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292570439
Category : Science
Languages : en
Pages : 125
Get Book Here
Book Description
The People's Republic of China (PRC) is taking concerted efforts and making large investments to peak out its carbon dioxide emissions around 2030. While current efforts are prioritizing accelerated energy efficiency and rapid expansion of renewables and nuclear in the energy mix, the fossil fuel related carbon dioxide emissions are still expected to rise even under a "new normal" growth strategies in the PRC. This brings in renewed emphasis on carbon capture and storage (CCS), which is currently the only near-commercial technologies to make deep cuts (up to 90%) in carbon dioxide emissions from fossil fuel related power plants and industries. This report draws on relevant technical assistance from Asian Development Bank (ADB), consultants' reports, and the work of ADB staff to assess the potential, the barriers and the challenges in demonstrating and deploying CCS in the PRC. It identifies unique low cost opportunities, recommends a gradual two phase approach to CCS deployment in the PRC and, provides complementary suite of policy actions to enable it.
Author: Peter Christoffersen
Publisher: Academic Press
ISBN: 0123744482
Category : Business & Economics
Languages : en
Pages : 346
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Book Description
The Second Edition of this best-selling book expands its advanced approach to financial risk models by covering market, credit, and integrated risk. With new data that cover the recent financial crisis, it combines Excel-based empirical exercises at the end of each chapter with online exercises so readers can use their own data. Its unified GARCH modeling approach, empirically sophisticated and relevant yet easy to implement, sets this book apart from others. Five new chapters and updated end-of-chapter questions and exercises, as well as Excel-solutions manual, support its step-by-step approach to choosing tools and solving problems. Examines market risk, credit risk, and operational risk Provides exceptional coverage of GARCH models Features online Excel-based empirical exercises
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 929257373X
Category : Technology & Engineering
Languages : en
Pages : 114
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Book Description
Asia and the Pacific has achieved rapid economic expansion in the recent years and has become a major source of greenhouse gas (GHG) emissions. With more than half of the world’s population and high rates of economic growth, the region is especially vulnerable to the effects of climate change and therefore must play its part in cutting GHG emissions. The Paris Agreement adopted last December 2015 at the United Nations Framework Convention on Climate Change COP21 aims to restrict global warming to well below 2°C above preindustrial levels and to pursue efforts to reach 1.5°C---which is especially relevant to Asia and the Pacific region given its vulnerability. This knowledge product highlights how robust policies on emissions trading systems (ETS) can be important tools in reducing GHG emissions in a cost-effective manner, as well as supporting the mobilization of finance together with deployment of innovative technologies. There are currently 17 ETSs in place in four continents and account for nearly 40% of global gross domestic product. In Asia and the Pacific region, there are 11 systems operating, with more being planned. The growing wealth of experience on ETSs can be valuable to support DMCs that are planning and designing new systems of their own. This knowledge product summarizes some of the most significant learning experiences to date and discusses some of the solutions to alleviate challenges that have been faced. It also examines the possibilities for future linked carbon markets in the region.
Author: Mr. Alfred Schipke
Publisher: International Monetary Fund
ISBN: 151358278X
Category : Business & Economics
Languages : en
Pages : 52
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Book Description
China’s bond market is destined to play an increasingly important role, both at home and abroad. And the inclusion of the country’s bonds in global indexes will be a milestone for its financial market integration, bringing big opportunities as well as challenges for policymakers and investors alike. This calls for a good understanding of China’s bond market structure, its unique characteristics, and areas where reforms are needed. This volume comprehensively analyzes the different segments of China’s bond market, from sovereign, policy bank, and credit bonds, to the rapidly growing local government bond market. It also covers bond futures, green bonds, and asset-backed securities, as well as China’s offshore market, which has played a major role in onshore market development.
Author: DAVID SANDALOW.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Author: Baoping Shang
Publisher: International Monetary Fund
ISBN: 151357339X
Category : Business & Economics
Languages : en
Pages : 32
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Book Description
Addressing the poverty and distributional impacts of carbon pricing reforms is critical for the success of ambitious actions in the fight against climate change. This paper uses a simple framework to systematically review the channels through which carbon pricing can potentially affect poverty and inequality. It finds that the channels differ in important ways along several dimensions. The paper also identifies several key gaps in the current literature and discusses some considerations on how policy designs could take into account the attributes of the channels in mitigating the impacts of carbon pricing reforms on households.
Author: Alex Lo
Publisher: Springer
ISBN: 1137529008
Category : Social Science
Languages : en
Pages : 188
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Book Description
This book explores the political aspects of China's climate change policy, focusing on the newly established carbon markets and carbon trading schemes. Lo makes a case for understanding the policy change in terms of discourse and in relation to narratives of national power and development.
Author: David Dollar
Publisher: Brookings Institution Press
ISBN: 0815738064
Category : Political Science
Languages : en
Pages : 444
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Book Description
How will China reform its economy as it aspires to become the next economic superpower? It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by the middle of this century. It now faces tremendous challenges such as fostering innovation, dealing with ageing problem and coping with a less accommodative global environment. In this book, economists from China's leading university and America's best-known think tank offer in depth analyses of these challenges. Does China have enough talent and right policy and institutional mix to transit from input-driven to innovation-driven economy? What does ageing mean, in terms of labor supply, consumption demand and social welfare expenditure? Can China contain the environmental and climate change risks? How should the financial system be transformed in order to continuously support economic growth and keep financial risks under control? What fiscal reforms are required in order to balance between economic efficiency and social harmony? What roles should the state-owned enterprises play in the future Chinese economy? In addition, how will technological competition between the United States and China affect each country's development? Will the Chinese yuan emerge as a major reserve currency, and would this destabilize the international financial system? What will be China's role in the international economic institutions? And will the United States and other established powers accept a growing role for China and the rest of the developing world in the governance of global institutions such as the World Trade Organization and the International Monetary Fund, or will the world devolve into competing blocs? This book provides unique insights into independent analyses and policy recommendations by a group of top Chinese and American scholars. Whether China succeeds or fails in economic reform will have a large impact, not just on China's development, but also on stability and prosperity for the whole world.
Author: Yoichi & Yokobori
Publisher:
ISBN: 9788185040240
Category :
Languages : en
Pages : 0
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Book Description
Author: Tsun Se Cheong
Publisher: Frontiers Media SA
ISBN: 2832514324
Category : Technology & Engineering
Languages : en
Pages : 343
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Book Description
China’s national carbon market, the world’s largest emissions trading scheme (ETS), kicked off its first online trade recently. This can be called a milestone for the country towards the nation’s goals of having CO2 emissions peak before 2030 and achieving carbon neutrality by 2060. China’s national ETS initially covers the power sector, before being expanded to a much broader set of energy-intensive industries. On one hand, the electricity sector, the largest carbon-emitting industry, is responsible for about 40% of China’s emissions, and it has great significance to response to global climate change. On the other hand, the effectiveness of China’s ETS will rest on how well it is coordinated with power market regulations and policies. In this regard, the deepening of reform, as well as the advanced technology and its applications in the electricity market will add new challenges and opportunities to electricity trade, which, in turn, influences national ETS. Therefore, this brings urgency to accurately capture the dynamic interactions between national ETS and electricity market to transform carbon trading into a practical and effective way to decarbonize the power sector.
