Search

The Chinese government committed to reduce its national CO 2 emissions intensity by 40–45% until 2020 in response to climate change. This paper quantitatively evaluates the performance of CO 2 emissions reduction over the period 2005–2020 from the historical and prospective perspectives by using a combination of decomposition analysis and scenario analysis, aiming to provide suggestions about how to achieve the target in key emissions reduction fields. Unlike traditional index decomposition methods, this paper incorporates the total energy conversion efficiency effect into the model, and further decomposes it into a final energy mix effect and a final energy conversion efficiency effect by a multilevel decomposition procedure, allowing to measure the contributions of primary energy structure low-carbonization, the final energy mix electrification, and the energy conversion efficiency improvement. The results show that the carbon intensity could decline over the period 2005–2020 by 47.8%, 50.9%, 48.0%, 44.5% and 47.5% in the Business as Usual, S1, S2, S3 and S4 scenarios, respectively. This shows that the 40–45% target is very likely to be achieved. The final energy intensity effect is always the most important driving factor, causing carbon intensity to decrease by 24.0% and 22.1%, again respectively, from 2005–2012 to 2012–2020. Moreover, the energy conversion effect was another major driver during 2005–2012. The Chinese government needs to make more efforts to adjust the industrial structure, which could cause carbon intensity to decrease by 3.6% during 2012–2020, and to adjust the primary energy mix, which could cause carbon intensity to decrease by 7.1% during 2012–2020. [ABSTRACT FROM AUTHOR]

Climate change which is induced from energy consumption and CO 2 emissions has got people's attention; hence, many strategies and ways are being adopted to mitigate CO 2 emissions. Energy substitution is crucial to the promotion of energy conservation and CO 2 emissions reduction. The purpose of this paper is to estimate both inter-factor and inter-fuel substitution in China's iron & steel industry during the period 1985–2011. Empirical results show several conclusions for China's iron & steel industry: (1) own-price elasticity of energy is negative, so increase in energy price will reduce energy input; (2) energy and capital, and energy and labor are substitutes, and the substitution in energy/capital is relatively stronger; (3) though coal, oil and electricity are also substitutes, the substitution effect is not so obvious because of pricing distortions in China. The driving forces of energy efficiency change are further discussed and the results show that technology progress is the key factor determining energy intensity. Therefore, market-oriented reforms in terms of energy prices, improvement in energy substitution (including inter-factor and inter-fuel substation) and promotion of energy saving technologies are important means for ensuring future energy conservation and CO 2 emissions reduction practices in China's iron & steel sector. [ABSTRACT FROM AUTHOR]

The 2015 Paris climate change negotiations represents the most ambitious worldwide effort to date to combat climate change. As the largest energy consumer and carbon emitter, China pledges 60–65% cut in carbon intensity below 2005 levels by 2030. To accelerate China's climate efforts, China has also committed to cap its primary energy use at 4.8 billion tons of coal equivalent in 2020. This paper proposes an equitable and efficient scheme to disaggregate this national goal among provinces. A three-step disaggregation procedure is proposed which takes into account the initial allocation, national redistribution and inter-provincial adjustment. First, this study allocates the incremental energy quota, taking 2010 as the base year. Second, part of the energy quota is set aside by the central government for redistribution purposes, while an incremental energy quota index comprising equity and efficiency criteria is used for initial allocation among provinces. Finally, historical efforts and inter-provincial energy flows are considered for inter-provincial adjustment. This disaggregation scheme is flexible and can be easily extended to allocation and management of other resource and environmental targets. The empirical findings can assist decision-makers in identifying which provinces are likely to over-consume the energy quota relative to the proposed allocation and which provinces are likely to perform better in energy conservation. Moreover, the results show that the energy cap set for 2020 is unachievable without further action. Market-based instruments, such as an energy allowance trading market, are strongly recommended to achieve the energy use target in an equitable and cost-effective manner. [ABSTRACT FROM AUTHOR]