In: Economics
is China a net exporter of carbon emissions (co2) why or why not?
China is the largest net exporter of CO2 and the emissions are higher compared to other where the Chinese stands at 13% emissions.The driving forces of chinese exports embodied carbon emissions in the new normal phase.The CO2 emissions peaked in the year 2008 at a level of 1,657 million tonnes.The decline in the CO2 emissions was due to the chinese production.However if other countries are looking forward to increase their exports using low carbon inputs.China has been the largest contributor to CO2 emissions flow from the developing to developed countries and its also important to check the emissions embedded in Chinese exports and analyze the changes in this emissions over time.Chinese exports from 2002 to 2012 and apply structural decomposition analysis.Chinas economy is changing drastically.In the close to the 21st century China has a distinct shift in the contribution of exports to china’s economic growth and CO2 emissions.From the year 2008 it has increased rapidly in the emissions,however the global financial crisis dropped it down for the chinese in terms of their exports.The Chinese government however made the tax to rise significantly to level thr price of the exports being done.