Making the Transition to a Low-Carbon Economy: The Key Challenges for China

Asia & the Pacific Policy Studies, Volume 3, Issue 2, pages 187-202, May 2016

Crawford School of Public Policy, The Australian National University

16 Pages Posted: 13 Jul 2016

See all articles by ZhongXiang Zhang

ZhongXiang Zhang

Tianjin University - Ma Yinchu School of Economics

Date Written: June 11, 2016

Abstract

China has realised that for its own sake and from the international community's perspective, it cannot afford to continue on the conventional path of encouraging economic growth at the expense of the environment. Accordingly, the country has placed ecological goals at the same level of priority as policies on economic, political, cultural and social development. Specifically, meeting the grand goal involves not only capping China's nationwide coal consumption to let it peak before 2020 and carbon emissions peak around 2030, but also putting in place a variety of flagship programs and policies. This article argues that the 2030 carbon emissions peak goal is ambitious but achievable and concludes by arguing why there is reason to be optimistic about China's 'green push'.

Keywords: low-carbon, economy, carbon emission peaks, carbon pricing, energy prices, resource tax reform

Suggested Citation

Zhang, ZhongXiang, Making the Transition to a Low-Carbon Economy: The Key Challenges for China (June 11, 2016). Asia & the Pacific Policy Studies, Volume 3, Issue 2, pages 187-202, May 2016; Crawford School of Public Policy, The Australian National University. Available at SSRN: https://ssrn.com/abstract=2808293

ZhongXiang Zhang (Contact Author)

Tianjin University - Ma Yinchu School of Economics ( email )

92 Weijin Road, Nankai District
Tianjin 300072
China
+86 22 87370560 (Phone)

HOME PAGE: http://ideas.repec.org/f/pzh243.html

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