Table 4 the changes in sectoral output relative to BAU by 2035.

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

Coal

−22.26%

−23.25%

−20.66%

−21.13%

−24.26%

−19.68%

−20.35%

Oil

1.66%

4.57%

4.50%

4.52%

5.74%

5.60%

5.64%

Gas

0.34%

3.15%

3.24%

3.23%

4.30%

4.30%

4.32%

Paper

−1.80%

1.37%

−1.28%

−0.80%

0.84%

−1.34%

−1.02%

Petrochemicals

−5.30%

0.31%

−4.20%

−3.38%

2.30%

−4.43%

−3.45%

Chemicals

−4.72%

0.04%

−3.67%

−3.00%

−0.21%

−3.89%

−3.35%

Building Materials

−5.54%

−1.99%

−2.88%

−2.70%

−2.28%

−3.26%

−3.10%

Nonferrous Metals

−5.11%

1.14%

−2.67%

−1.97%

−0.63%

−2.94%

−2.60%

Steel

−6.37%

−2.88%

−3.79%

−3.61%

−3.25%

−4.13%

−3.99%

Thermal Power

−1.06%

8.84%

0.76%

2.17%

10.58%

0.14%

1.61%

Aviation

−2.59%

0.87%

−2.80%

−2.15%

1.13%

−2.68%

−2.13%