@article{909ea7e684b94c56a339013cabb0690a,
title = "Energy-Related Environmental Policy and Its Impacts on Energy Use in Asia",
abstract = "Economic growth in Asia has increased in the past three decades and has heightened energy demand, resulting in rising greenhouse gas emissions and severe air pollution. To tackle these issues, fuel switching and the deployment of renewables are essential. In the present paper, we discuss the environmental regulations, mainly carbon pricing, implemented in Asia and discuss their achievements. Empirical studies using microdata have shown that carbon pricing in Asia can reduce carbon emissions by promoting energy efficiency. At the macro level, we observe some evidence of fuel switching from coal to natural gas among major emitters. However, more carbon pricing is necessary in Asia if we aim for the decarbonization of the economy.",
keywords = "Asia, Q28, Q54, Q58, air pollution, carbon pricing, climate change, renewables",
author = "Arimura, {Toshi H.} and Makoto Sugino",
note = "Funding Information: This research was supported by the Environment Research and Technology Development Fund (2‐1707 and 2‐2008) of the Environmental Restoration and Conservation Agency. Toshi Arimura also appreciates the financial support from JST CREST Grant Number JPMJCR15K2. We appreciate research assistance provided by Mriduchhanda Chattopadhyay and Guanyu Lu. In the revision, we are really grateful to comments from Nobuo Tanaka, Gigih Udi Atmo, Colin McKenzie, Takatoshi Ito, Shujiro Urata, and other participants in the conference. Asian Economic Policy Review Publisher Copyright: {\textcopyright} 2020 The Authors. Asian Economic Policy Review published by John Wiley & Sons Australia, Ltd on behalf of Japan Center for Economic Research.",
year = "2021",
month = jan,
doi = "10.1111/aepr.12319",
language = "English",
volume = "16",
pages = "44--61",
journal = "Asian Economic Policy Review",
issn = "1832-8105",
publisher = "Wiley-Blackwell",
number = "1",
}