This paper assesses the overall costs and distributional impacts of China’s planned nationwide emissions trading system for CO2 emissions reductions, a system that will differ from cap and trade and become the largest CO2 trading system in the world.
Many regional trade agreements (RTAs) contain chapters and articles that are environmentally specific. But Parties can elect to more broadly incorporate environmental objectives in their RTAs to promote their environmental concerns in such agreements.
Major gaps in knowledge are limiting better targeting of energy access subsidies in India. The latest distributional analyses of energy consumption subsidies—that is, how benefits are shared across different income groups—are based on 2011 census data that are now significantly dated.
India’s schemes to promote clean cooking are improving energy access for poor women. However, around half of the women surveyed are being left behind because they are not using LPG and continue to cook with biomass says this IISD report. It finds that the current LPG subsidies were inefficient and untargeted and needs to be reviewed.
The Fifteenth Finance Commission (FC), in its report for fiscal year 2020-21, has recommended a marginal reduction in the vertical devolution of the divisible tax pool to 41 per cent from the prevailing 42 per cent.