Valerie J. Karplus, assistant professor of Global Economics and Management, MIT Sloan School of Management.

Talk Abstract:
Over the past decade, climate change has gained increasing prominence on China’s policy agenda, and the country’s pledge to reduce carbon dioxide emissions provided a cornerstone in the new global climate agreement signed in Paris at the end of last year. This talk focuses on domestic actions—and importantly, their interaction with features of the country’s economic and political landscape—that will influence the on-the-ground implementation of China’s climate goals. Specifically, I will describe the characteristics and patterns of compliance in firms covered by China’s national industrial energy conservation programs and in cities covered by China’s sulfur dioxide reduction directives. We find that the policy response differs by firm ownership and level of government oversight, with implications for the design and effectiveness of new climate policies, including a trading system that would price carbon dioxide emissions starting in 2017.

Date and Time: 
Monday, March 7, 2016 - 4:30pm
NVIDIA Auditorium, Jen-Hsun Huang Engineering Center
Event Sponsor(s): 
Precourt Institute for Energy

Free and open to all