Emission Reductions Post Cap-and-Trade Implementation

GD Complementary policies. From 2011 to 2015, China implemented the "ten thousand firms energy saving and low-carbon action" program. The overall goal was to reduce energy consumption per unit of GDP by 16%, and reduce CO2 emission per unit of GDP by 17%. • A command-and-control approach: the participating firms were required to improve their energy efficiency through upgrading technologies, optimizing production processes, and shutting down inefficient facilities.

View entire presentation