This lecture explores China's new model of growth and the way it is affecting the chances of avoiding human-induced climate change. Overview China's rapid energy-intensive growth in the first eleven years of this century accelerated the world's rush towards dangerous climate change. A new model of economic growth in China began to change the relationship...

The Chinese economy has entered a new phase of development in which sources of growth are not so much dependent upon pure increases in labour, investment and credit expansion, but from productivity improvement, structural changes, technological progress and the benefits from improvement of the social security and welfare improvement. When market functions are fully established...

The Chinese economy is undergoing profound change in policy and structure. The change is necessary to increase the value of growth to the Chinese community, and to sustain growth into the future. The changes are so comprehensive and profound that they represent a new model of Chinese economic growth. This book describes the replacement of...

This 2011 update of significant elements of the 2008 Garnaut Climate Change Review considers elements of the original review where changes or improvements in expert knowledge could have significant implications for the key findings and recommendations for future climate change policy.

Key points The cost of effective global and Australian mitigation will be materially lower if opportunities for innovation in low-emissions technologies are fully utilised. There is too little private investment in innovation generally in the absence of public fiscal support. The urgency of the adjustment task and the large change in incentives derived from carbon...