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Combustion of coal accounts for about 75% of total power generation in China. The global call for CO2 emissions reduction, exposure to oil risks and their bearing on energy security, require China to properly determine its future energy policies. This study has attempted to quantify the benefits...
Persistent link: https://www.econbiz.de/10011049501
Climate change is now widely recognized as the major environmental problem. In order to reduce CO2 emissions so as to cope with climate change, a wide range of effective policies, and an enforced international cooperation are required. A better understanding of the dynamic changes of CO2...
Persistent link: https://www.econbiz.de/10011049541
To address the problem of climate change, G-20 government leaders committed to “rationalize and phase-out inefficient fossil fuel subsidies that encourage excessive consumption over the medium term”, i.e., removing the perverse subsidies. Considering China's particular circumstances and the...
Persistent link: https://www.econbiz.de/10011053540
The rapid growth of the Chinese economy has led to an acceleration of electricity demand, which has enjoyed an annual growth rate above 10% during the past 20 years. However, China’s coal-based resource endowment heavily influences its energy structure in the long term, which will result in...
Persistent link: https://www.econbiz.de/10011053949
Energy efficiency improvement leads to a reduction in the real cost of energy services per unit, thus bringing about an increase in the demand for energy services. Therefore, the potential energy savings and emission reduction from efficiency improvements might be offset, which is known as...
Persistent link: https://www.econbiz.de/10011054008
As one of the six highest energy-consuming industries, non-metallic mineral products industry accounts for 9.5% of national energy usage and 9.0% of energy-related CO2 (carbon dioxide) emissions in China. In this paper, we evaluate the CO2 emissions change from energy consumption and present a...
Persistent link: https://www.econbiz.de/10011054102
This paper analyzes the electricity saving potential of China’s power generation industry using the macroeconomic approach. In order to forecast future electricity saving potential, we apply cointegration techniques combined with risk analysis model to estimate future (APRauxiliary power...
Persistent link: https://www.econbiz.de/10011054878
The iron & steel industry is one of the major energy-intensive sectors in China. In this paper, we define the variable of energy intensity to analyze the energy conservation potential in China's iron & steel sector using the co-integration method and scenario analysis. We find that there is a...
Persistent link: https://www.econbiz.de/10011055307
Energy efficiency improvement will reduce the effective price of energy services, and hence at least partially mitigate original expected energy conservation. Therefore, the magnitude of rebound effect is important for the design and timing of an effective energy conservation policy. Under the...
Persistent link: https://www.econbiz.de/10011076972
This paper is an effort to investigate claims concerning Granger causality relationship from energy consumption to economic growth in South Africa. We adopt a nonparametric bootstrap method to reassess evidence supporting Granger causality and unravel findings of long-run unidirectional...
Persistent link: https://www.econbiz.de/10011077181