ABSTRACT
This conclusion presents some closing thoughts on the three key research topics of selected policy scenarios focused on China, Japan, Korea, and Taiwan. The analysis employed a combination of modeling techniques, including input-output analysis, the new E3ME-Asia macro-econometric model, and computable general equilibrium (CGE) modeling. The book explores how should East Asia choose its energy and power sources; how could East Asia design energy/carbon taxes or other carbon-pricing instruments; and how should East Asia choose and coordinate low-carbon policies in the tide of free trade. The results from the perspective of policy makers and researchers in East Asia are summarized. Finally, the often neglected role of energy efficiency is considered. The chapter discusses the tree broad policy conclusions that emerged and shows how to bring about the transition to a low-carbon economy. The development of a low-carbon partnership in East Asia will enable policy coordination in climate and energy issues.
