PhD Seminar (Econ)
Date & time
Even though there has been growing evidence that global warming due to higher carbon emissions has negative impacts on an economy, carbon emissions did not reduce significantly in recent years. Therefore, this paper analyses the socio-economic and environmental impacts of decarbonisation in the East Asia region. To achieve the objectives of this paper, this paper uses a closed-loop multi-country computable general equilibrium for East Asia to conduct the analysis. This paper finds that fossil fuel subsidies elimination leads to carbon emission reductions, double dividend in some countries and increasing poverty incidence. Further, installing a retrofitted carbon capture in an existing coal power plant could reduce carbon emissions and poverty incidence.