HIGHLIGHTS
SUMMARY
China`s vision is that her carbon_dioxide emissions should peak by 2030 and that she becomes carbon neutral by 2060. In terms of comparative research on carbon taxes and carbon trading policies, the carbon tax was considered to have originated from the Pigouvian tax, while emissions trading was considered to have originated from the Coase theorem. In terms of the emission-reduction effect of carbon tax, the effectiveness of carbon tax in reducing carbon emissions is often demonstrated, but some studies, instead, argue that carbon tax has not actually achieved the effect of its . . .
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