Low-Carbon Development and Carbon Reduction in China

Pengfei Sheng & Ding Lu (2015): Low-carbon development and carbon reduction in China, Climate and Development, DOI: 10.1080/17565529.2015.1064812

Posted: 26 Sep 2015 Last revised: 29 Sep 2015

See all articles by Ding Lu

Ding Lu

University of the Fraser Valley; ShanghaiTech University - School of Entrepreneurship and Management

Pengfei Sheng

Chongqing University

Date Written: September 24, 2015

Abstract

Reduction of carbon dioxide emission is of great significance to the sustainability of global development. For the developing countries, however, carbon reduction is perceived costly for its possible dampening effect on economic growth. This paper builds a Low-Carbon Development Index to assess the potentials for an economy to improve environmental efficiency of its development by reducing carbon dioxide emission while still achieving economic growth. Applying the index to a data set of 30 Chinese provincial economies from for the period 1998 to 2012, we evaluate the environmental efficiency of China’s economic development in terms of carbon dioxide emission and discuss whether it is economically feasible for the country to reduce the country’s carbon intensity by 40-45% from the level of 2005, a target committed by its government at the 2009 UN Climate Change Conference (COP15).

Keywords: low-carbon development, carbon reduction, carbon intensity, environmental efficiency

JEL Classification: O13, O44, O47, Q51, Q56

Suggested Citation

Lu, Ding and Lu, Ding and Sheng, Pengfei, Low-Carbon Development and Carbon Reduction in China (September 24, 2015). Pengfei Sheng & Ding Lu (2015): Low-carbon development and carbon reduction in China, Climate and Development, DOI: 10.1080/17565529.2015.1064812, Available at SSRN: https://ssrn.com/abstract=2665134

Ding Lu (Contact Author)

University of the Fraser Valley ( email )

33844 King Road
Abbotsford, BC V2S7M8
Canada

HOME PAGE: http://www.ufv.ca/economics/faculty-and-staff/

ShanghaiTech University - School of Entrepreneurship and Management ( email )

393 Huaxia Middle Rd
Pudong Xinqu, Shanghai
China

Pengfei Sheng

Chongqing University ( email )

Shazheng Str 174, Shapingba District
Chongqing 400044, Chongqing 400030
China

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