A new study co-authored by an MIT professor shows that China’s new efforts to price carbon could lower the country’s carbon dioxide emissions significantly without impeding economic development over the next three decades.
Based on a unique model that links China’s energy system and economy, the study finds that China’s coal use, a major source of global carbon dioxide (CO2) emissions, should peak some time around the year 2020, while the country’s overall CO2 emissions would peak around 2030, or perhaps sooner.
