Feasibility analysis of carbon taxes of China based on Environmental Kuznets Curve (EKC)

With the global warming, how to reduce greenhouse gas emissions of CO₂ mainly has become the focus of global discussion. Many economists proposed that if carbon tax is imposed according to the carbon content of traditional fossil fuel used in production, it will reduce carbon dioxide emissions. In fact, some countries have started to practice. The paper uses Environmental Kuznets Curve (EKC) to analyze factors of China´s carbon emissions and do further assessing on the feasibility analysis of carbon taxes.