China’s first report on Non-regret Mitigation was published by CDI. The report makes an analysis on the potentials of non-regret mitigation, and governments’ role in developing low carbon city in China.
The report suggests that policies with incentive compatibility should be introduced to better coordinate the goal of central government and the implementation by local governments. Vehicle Emission Tax should be piloted in some cities as in order to curb the usage of private cars. The tax could subsidize the public transportation. The report suggests that Regional Emission Exchange be trialed in certain industries, like coal, iron and steel industry.