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Swapnil | Gaurav | Team | Suhail
Climate change is a global problem that
must be addressed locally.
Global governments won’t agree on
action until individual nations have a plan.
And individual nations are reluctant to
make a plan until the rest of world takes
the plunge too.
OUR STAND

Carbon Pricing is the solution
Explaining our stand
We are the world’s biggest
energy consumer
(2.713 MTOE)
We are the world’s biggest
producer of carbon dioxide
(7,711 million tonnes)
The ‘ EFFECTS ’
China is home to
20 of the world’s 30
most polluted cities.
Only 1% of China’s 560 million
urban residents
breathe air that
is deemed safe by
European Union
standards.
Impacts on economy
Costs of pollution
The health costs of air and water pollution in China

4.3 %
of its GDP

By adding the non-health impacts of pollution, the total cost
of air and water pollution in China

5.8 %
of its GDP
Source: World bank
Hurting the ‘CHINA’ brand

 China is the world’s No. 3 destination for
international travel
 Reluctant to travel or settle down in China
 Drop in number of tourists (5% decrease compare
to 2012)
Source: http://newsinfo.inquirer.net/464935/air-pollution-takes-toll-on-chinas-tourism
The ‘ ACTIONS ’
Pilot scheme

30
yuan per
tonne

2014

50
yuan per
tonne
2018
The 2nd biggest cap-and-trade
program

Shenzhen, Beijing, Shanghai, Guangdong,
Tianjin, Chongqing and Hubei.
Set to regulate 800 million to 1 billion tons
of emission by 2015
We aim to cut
carbon emission
by

45%
by

2020
The ‘ way ahead ’
Revenue neutral
NOTHING SHOULD BE RETAINED
BY GOVERNMENT
How to give back?
Dividend
Tax reduction
Higher carbon usage = more tax

The same amount of dividend will be given
to everyone
People with less carbon usage will get
more dividend back than the tax they pay
Win-win situation

Protect the poor
Good for politician
Incentive for reducing individual
carbon foot print
What else are we doing?
Creating awareness
Survey by China daily

90%
are very concerned with the global warming issue

79 %
are willing to offset their carbon footprints
How many trees you want to kill today?

X 50
X 30
X 20

X 10
Tax benefits
Tax Benefit & priority in getting government
contracts

Carbon-free stars
International cooperation
Import duties should be proportional to carbon
footprint of the country
Eg – Qantas pays duty for flying in EU

Charge economic rent for not creating
negative externalities
Conclusion

Together we can and we will make this place
a better place to live in …
Thank You

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