Innovative Measure on Achieving Common Prosperity: Carbon Transfer Payment

Authors

Peili LU, FieldsREG AI Ltd., Sanya 572022, ChinaFollow
Lanling PENG, School of Sociology and Population Studies, Renmin University of China, Beijing 100872, China
Jiaqi SHEN, FieldsREG AI Ltd., Sanya 572022, China
Yanrui JIN, School of Mechanical Engineering, Shanghai Jiao Tong University, Shanghai 200240, China
Yong GENG, School of International and Public Affairs, Shanghai Jiao Tong University, Shanghai 200030, ChinaFollow

Keywords

common prosperity; carbon emission rights; development rights; carbon transfer payment

Document Type

S&T and Society

Abstract

To achieve carbon peak and carbon neutrality, as well as common prosperity, is the key decision of the Chinese government. By addressing coordinated regional development and based upon balanced and reasonable distribution of income and carbon emission rights principles, the study aims to develop an equilibrium model to achieve regional carbon transfer payment. Carbon transfer payment can help adjust regional fiscal revenues so that the income distribution system is more in line with the scientific normal distribution characteristics under the common prosperity goal. Such a measure can address both equity and efficiency, balance carbon emission rights and development rights, contribute to common prosperity, and facilitate sustainable regional development.

First page

1132

Last Page

1142

Language

Chinese

Publisher

Bulletin of Chinese Academy of Sciences

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Recommended Citation

LU, Peili; PENG, Lanling; SHEN, Jiaqi; JIN, Yanrui; and GENG, Yong (2022) "Innovative Measure on Achieving Common Prosperity: Carbon Transfer Payment," Bulletin of Chinese Academy of Sciences (Chinese Version): Vol. 37 : Iss. 8 , Article 11.
DOI: https://doi.org/10.16418/j.issn.1000-3045.20211206003
Available at: https://bulletinofcas.researchcommons.org/journal/vol37/iss8/11