Low carbon growth in China: The role of emissions trading in a transitioning economy
Low carbon growth in China: The role of emissions trading in a transitioning economy
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DOI：
10.1016/j.apenergy.2018.11.046
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发表时间：
2019-02
期刊：
影响因子：
11.2
通讯作者：
C. Springer;S. Evans;Jiang Lin;D. Roland-Holst
中科院分区：
文献类型：
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作者：
C. Springer;S. Evans;Jiang Lin;D. Roland-Holst
中国领导人越来越致力于低碳经济发展。尽管自1978年开始经济改革以来，中国经济发生了巨大转变，但与后工业化、高收入国家在结构上仍存在差异，经济改革仍在继续。与此同时，中国正在采取重大措施控制二氧化碳排放。中国目前正在准备实施全国二氧化碳排放交易体系（ETS），这将是世界上最大的碳排放交易体系。我们的分析展示了这些主要经济政策和排放政策在中国经济中的相互联系。我们使用中国经济的动态可计算一般均衡（CGE）模型来模拟结构转型政策与国家碳排放交易体系之间的相互作用。我们展示了刺激经济转型的重要政策工具——家庭储蓄率。我们表明，通过增加低排放强度行业的消费，中国可以在保持经济增长的同时减少排放并过渡到更像经合组织的经济结构。此外，考虑到经济结构的变化，受监管企业可以以较低的成本实现碳排放交易体系监管的减排。
China’s leaders are increasingly committed to low-carbon economic development. Although China’s economy has dramatically transformed since the initiation of economic reforms in 1978, it is still structurally different from post-industrial, high-income countries, and economic reform is ongoing. At the same time, China is taking major steps towards regulating its carbon dioxide emissions. China is currently preparing to implement a national carbon dioxide emissions trading system (ETS), which will be the largest ETS in the world. Our analysis demonstrates how these major economic and emissions policies are linked in China’s economy. We use a dynamic computable general equilibrium (CGE) model of China’s economy to simulate the interaction between a structural transition policy and a national ETS. We demonstrate an important policy instrument – the household savings rate – for stimulating economic transition. We show that by increasing consumption in lower emissions-intensity sectors, China can sustain growth in its economy while reducing emissions and transitioning to a more OECD-like economic structure. In addition, emissions reductions from an ETS regulation can be achieved at a lower cost for regulated firms when taking into account the changing structure of the economy.