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Climate change is directly linked to a broad array of changes because of disorganized activities within the economic system and human intervention. Climate change affects the well-being status of both non-living and living things. Relevant policies to mitigate and adapt to climate change conditions concentrate on solutions that intend to use renewable energy instead of fossil fuels or other conventional energy sources. This study aims to process a review focused on how renewables advance environmental quality and create relevant benefits within severe economic activities. This study elaborates on the case of China for two main reasons. First, China has a pivotal role in the economic system worldwide. Second, China is making serious attempts to transition into a low-carbon economy. An integrative review was processed to receive selected publications. The advantage of this process is that it considers empirical and non-empirical studies, policy papers, and conceptual frameworks. Inclusion and exclusion criteria were applied to retrieve the final number of publications. Review results from 39 well-acknowledged Journals provided 180 selected publications categorized into seven study groups: data analyses, model optimization studies, market issues, renewable energy technology publications, nuclear energy publications, ocean energy publications, and policy-related studies. Policy implications concern China's efforts to accelerate the integration of renewables in the energy mix. Hence, the country should increase energy efficiency in consumption and process investment plans based on robust research and development efforts. [ABSTRACT FROM AUTHOR]

Carbon neutrality is an important policy in the current global response to climate change and has been widely recognized by various industries. In the process of promoting carbon neutrality, new energy plays a pivotal role. In this study, the definition and connotation of new energy and its role and specific operation in the energy transition of carbon neutrality are firstly explained. Promoting new energy development requires significant green and low-carbon investments. Taking China as an example, this paper analyzes the opportunities brought by the carbon neutral process to the field of green finance and analyzes the main features and development trends of green finance in China at present. Then this paper proposes policy recommendations to strengthen the development of green finance in China in terms of improving the green financial policy system, enhancing the supply capacity of green financial services, and optimizing the supporting environment for green financial development. Finally, this paper analyzes the measures and experiences of the United States in promoting low-carbon development and proposes countermeasures for China's low-carbon development on the basis of the five major relationships that need attention in China's carbon-neutral process. That is, strengthen the top-level design and improve the regulatory policy system; optimize the energy structure and increase the proportion of clean energy; optimize the industrial structure and reduce energy consumption in key industries; build a complete low-carbon technology system and promote low-carbon technology research and development and demonstration applications, and encourage local conditions to explore low-carbon development paths. The development of green finance can contribute to the advancement of new energy technologies, thus contributing to the achievement of carbon neutrality goals. [ABSTRACT FROM AUTHOR]

Global climate change has caused governments worldwide to take actions to improve their energy efficiency. This paper investigates how China's Top-1000 program, a command-and-control type of energy-saving mandate, has affected the operational choices of firms, and in turn, their profitability. We apply the propensity score matching method to find "identical twins" for the participants in the Top- 1000 program, then conduct a difference-in-differences analysis on the matched sample. Our findings suggest that the profitability of the enterprises targeted for energy savings decreased by one-third, mainly due to increased production costs. The targeted enterprises tended to increase their fixed assets per capita, which was associated with improvements in energy efficiency. Furthermore, compared to similar untargeted enterprises, there was a significant slowdown in the production growths of the targeted enterprises, raising concerns about carbon leakage due to increased production by less efficient producers. [ABSTRACT FROM AUTHOR]

To achieve the goal of 'Net-zero Europe' by 2050, the European Union (EU) has set up detailed policies in the fields of energy and climate. This paper summarizes the main characteristics of relevant policies in the EU and UK and their implications for China by reviewing these policies in the achievement of the carbon neutrality goal and other goals in the energy and climate fields. The characteristics of these energy and climate policies include: ① Top-down and bottom-up approaches are adopted to distribute the EU' s overall emission reduction targets to member states in accordance with the principle of fairness, and each member state formulates and adjusts its own goals to ensure the realization of the overall goals. ② Detailed transition plans are formulated for the power, industry, transportation, and building sectors; importance is attached to the application of new and renewable energy technologies such as solar, wind, and hydrogen energy; specific goals are set concerning coal power transition, nuclear energy development, energy efficiency improvement, carbon capture and storage, electrification, and building renovations; and the importance of energy security in transition planning is stressed. ③ A sound and mature emissions trading system and a fair transition mechanism are established to support the realization of the transition goals, and developing countries are helped to reduce emissions through technical dialogues and climate financing. To reach peak carbon emissions and achieve carbon neutrality, China should develop relevant roadmaps at national, sectoral, and provincial levels and strengthen R&D of key decarbonization technologies. At the same time, China should enhance its regulatory regime, and improve the carbon emissions trading system, the green financial system, and the just transition mechanism. [ABSTRACT FROM AUTHOR]

Energy efficiency policies can help to reduce energy use and mitigate the effects of climate change. This paper examines the U.S. and Chinese economies by applying HEM to both. Key sectors absorbing more energy from other sectors by purchasing intermediate products from them and, simultaneously, transferring more energy by selling products to the rest of the sectors are identified. This provides insights for decision-making on appropriate energy efficiency policies. It appears that the U.S. economy should focus on the service sector, and the Chinese should focus on the industrial sector. [ABSTRACT FROM AUTHOR]

The excessive carbon emissions not only intensify the global climate change, but also seriously restrict the sustainable development of social economy. However, improving industrial carbon emissions efficiency is the most directly effective way to reduce emissions. Therefore, accurate measurement and analysis of carbon emissions efficiency and evolution characteristics of China's industrial system is the basis for China to improve carbon emissions efficiency. Based on this, we adopted energy consumption method and input-output method to calculate and analyze the industrial carbon emissions efficiency and evolution characteristics of China from 2002 to 2015. The results show that (1) If carbon emissions from cement production are ignored and only energy-related carbon emissions are considered, the calculation results of carbon emissions efficiency of heavy industry will be overestimated about 30%. (2) Compared with 2002, China's industrial carbon emissions efficiency increased by about twice in 2015. Specifically, the optimization of carbon emissions efficiency in agriculture, construction, light industry and service industry is very obvious, which has increased by 5.65, 5.00, 4.69 and 4.68 times respectively; The optimization of carbon emissions efficiency in power sector, heavy industry, transportation and chemical industry was obvious, which increased by 2.55, 2.01, 1.86 and 1.47 times respectively; The carbon emissions efficiency of the fossil energy sector has decreased by 0.36 times. (3) The carbon emissions efficiency of various industries has significant differences. Among them, agriculture, service industry, light industry and construction industry are generally industries with higher carbon emissions efficiency, while power sector, fossil energy sector, transportation industry, chemical industry and heavy industry are generally industries with lower carbon emissions efficiency, especially power and fossil energy sectors. Based on these, this paper provides policy implications and scientific evidence for accurately improving carbon emissions efficiency from the perspective of carbon emissions efficiency. [ABSTRACT FROM AUTHOR]

[Display omitted] • A method for spatiotemporal coordination of multienergy systems is proposed. • Virtual energy storage gain is calculated based on spectral analysis. • The hydropower regulation ability affects the virtual energy storage gain. • The optimal coordination range between multiple energy sources is obtained. Utilizing the spatial heterogeneity and climate periodicity of various available renewable energy sources can enhance the multienergy complementarity, which will further reduce the energy storage demand and contributes to the "virtual energy storage gain." In this paper, we propose a spatiotemporal coordination method based on spectral analysis for a wind-PV-hydropower system that targets the maximum virtual energy storage gain. The complementary effect of hydropower on wind and PV power can be seen as changes in the regulation ability resulting from the hydropower construction development as well as a decreased variance in the total system production output. This method is used to determine the optimal coordination distance of multiple energy sources that are matched over different periods representing typical climate variation. A case study in the Yalong River basin in China obtains the best range of hydropower bundling surrounding wind power and PV power stations under different hydropower construction planning scenarios, and it reveals that increased regulation capacity of hydropower will reduce the optimal coordination distance but can achieve more energy balance if both actual storage and virtual storage is accounted for. This approach can realize energy delivery with the optimal coordination distance to meet intensive and efficient development needs, which can provide guidance and support for the planning and construction of wind-PV-hydropower storage systems. [ABSTRACT FROM AUTHOR]