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The article introduces papers published within the issue which were presented at the 6th Annual Forum of the World Association for Political Economy (WAPE) in Amherst, Massachusetts in May 2011, including one on state-owned enterprises (SOE) in China, another on the implications of the need to prevent major climate change for the developmental strategies of China and India and a paper on the influence of neoliberalism on the reform of emergency services in Great Britain.

Urban areas mediate climate transformations and generate new forms of climate urbanism. Looking at climate action in the twelve fastest-growing cities in China with under one million people, this paper proposes a perspective on urban climate politics 'from elsewhere' that foregrounds the potential role of smaller urban areas in mediating climate transformations. The analysis reveals three climate action strategies that reflect practical, institutional, and personal spheres of climate transformations. Planning action in the personal sphere provides opportunities for urban transformations. A perspective 'from elsewhere' calls for greater attention to planning for diverse change strategies for climate transformation. [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]

As the world's largest carbon emitter, China is under great pressure to cut down carbon emissions. Understanding the evolution of carbon emissions across Chinese cities is important for policymakers when allocating carbon emission quota among these cities. This paper draws upon the Open-source Data Inventory for Anthropogenic CO2 to calculate city-level per capita carbon emissions in China from 2001 to 2016. Overall, we find that per capita carbon emissions of Chinese cities have been generally on the rise during the 2001–2016 period. However, there has been on average a modest decline in per capita carbon emissions of cities in China's Yangtze River Delta region and Pearl River Delta region from 2011 to 2016, after a remarkable increase during the 2001–2011 period. Besides, the average north-south gap has been enlarged, with northern cities having a relatively higher level of per capita carbon emissions. [ABSTRACT FROM AUTHOR]

Central to global agreement on carbon emissions are strategic interactions amongst regions over abatement policy and the benefits to be shared. These are re-examined in this paper, in which benefits from mitigation stem from a meta-analysis that links carbon concentration with region-specific measures of economic welfare. Implementation costs are then drawn from a highly disaggregated model of global economic performance. Multiplayer games are then constructed, the results from which are sensitive to embodied temperature scenarios and discount rates but robustly reveal that the U.S. and China would be net gainers from unilateral implementation in net present value terms. The dominant strategy for all other countries is to free ride. Net gains to the three large economies are bolstered by universal adoption, which could be induced by affordable side payments. Yet the downside is that net gains to all regions are negative over two decades, rendering commitment to abatement politically difficult. [ABSTRACT FROM AUTHOR]

This paper discusses the interplay between the rise of China and India in the world economy and the global climate emergency. It considers alternative growth scenarios for China and India. The results show that, to meet their respective global climate obligations, both China and India need to accept much slower economic growth rates and possibly economic stagnation in the coming decades. This clearly indicates that both China and India need to revise their growth-oriented model of development. Only a new development strategy focused on social and environmental progress, rather than economic growth, can be compatible with climate stabilization. [ABSTRACT FROM PUBLISHER]

In the fi rst decade of this millennium China has demonstrated a stronger commitment to environmental protection. Yet, there remains a signifi cant gap between environmental laws and regulations and the quality of the environment. In this paper, we propose an integrated framework for analysis that we apply to investigate the factors that account for this gap in implementation. We analyse the results of surveys conducted in 2000 and 2006 and interviews carried out in 2006 and 2007 in eleven jurisdictions of Guangzhou municipality on three factors: pro-environment orientation, institutional capacity, and external political support for environmental units. The results show that, after several decades of environmental protection regulations, the pro-environment orientation of environmental offi cials in Guangzhou has been strengthened, whereas the institutional capacity of environmental agencies, although often beefed up in real terms, remains inadequate due to the heightened expectations of state and society actors. It is the external political support received by environmental agencies that drives the success or failure of environmental protection enforcement. More often than not, the strength or weakness of political support is embedded in the policy design and implementation structure and is associated with the policy orientation of political leaders. [ABSTRACT FROM AUTHOR]