Towards a Low-Carbon Economy
New Horizons in Environmental Economics series
Chapter 7: Conclusions: China in the Transition to a Low-carbon Economy
INTRODUCTION Concerned about a range of environmental problems and health risks from burning fossil fuels and steeply rising oil imports, as well as facing great pressure both inside and outside international climate negotiations to be more ambitious in combating global climate change, China, from its own perspective cannot afford to and, from an international perspective, is not meant to continue on the conventional path of encouraging economic growth at the expense of the environment. The country is determined to improve energy efficiency, cut pollutants and to increase the use of renewable energy in order to transit to a low-carbon economy. This book provides a comprehensive discussion and assessment of China’s own efforts and commitments to and policy options for energy saving, pollutant cutting and the widespread use of renewable energy, and articulates a roadmap for China regarding its climate commitments to 2050. Given that the transition to a low-carbon economy cannot take place overnight and that China is constantly confronted with the threats of border carbon adjustment measures during this transition period, the book also discusses China’s policies on promoting the use of clean coal technologies and nuclear power, and its potential responses while being targeted by such trade measures. This chapter summarizes the main conclusions from the comprehensive and rigorous analysis of key issues related to energy conservation and pollution control in the context of government decentralization, renewable energy, clean coal technologies, nuclear power, the carbon intensity pledge for 2020, China’s responses to potential carbon tariffs imposed from its...
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