Table 3 Changes in government revenue compared to the BAU Scenario.

From: Computable general equilibrium analysis of neutral carbon trading scheme and revenue recycling impacts on income distribution in China

 

S1

SUB-ETS

SUB-NETS

SUB-ALL

VAT-ETS

VAT-NETS

VAT-ALL

2025

2.68%

0.34%

−0.89%

−0.67%

0.54%

−0.35%

−0.22%

2030

4.48%

0.75%

−1.32%

−0.96%

0.99%

−0.53%

−0.32%

2035

7.01%

1.40%

−1.84%

−1.27%

1.74%

−0.81%

−0.45%

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