The periodic character of economic development and energy demand, the basic national policy of saving energy and reducing emissions, and the constraints of curbing global warming and reducing greenhouse gas emissions ...The periodic character of economic development and energy demand, the basic national policy of saving energy and reducing emissions, and the constraints of curbing global warming and reducing greenhouse gas emissions all necessitate corresponding adjustments to China＇s energy strategy, and especially its energy structure strategy. The previous energy strategy focused primarily on energy reserves and production, i.e., focused on energy supply in order to meet energy demand. In response to global climate change, the readjustment of China＇s energy strategy has become imperative： on the one hand, the government needs to engage in serious management of both energy supply and energy demand to meet China＇s energy demand; on the other, it needs to reduce CO： emissions and make this a constraint on meeting energy demand. In our study, through establishing an optimal model, we get the optimal energy structure allowing for energy conservation and emission constraints; then we proceed, by means of a computable general equilibrium （CGE） model, to estimate the impact of rising energy costs as a result of changes in energy structure on the macro-economy. Our research results show that the government＇s plan for renewable energy has a positive impact on reducing CO2 emissions. However, rising energy costs as a result of changes in the energy structure under carbon emission constraints negatively affects macro-economic performance. As many important Chinese industries depend heavily on coal and thermoelectricity, the room for CO2 emission reductions is limited at the present stage. Instead, the government should pay attention to realizing CO2 emission reductions in other fields of economic life.展开更多
文摘The periodic character of economic development and energy demand, the basic national policy of saving energy and reducing emissions, and the constraints of curbing global warming and reducing greenhouse gas emissions all necessitate corresponding adjustments to China＇s energy strategy, and especially its energy structure strategy. The previous energy strategy focused primarily on energy reserves and production, i.e., focused on energy supply in order to meet energy demand. In response to global climate change, the readjustment of China＇s energy strategy has become imperative： on the one hand, the government needs to engage in serious management of both energy supply and energy demand to meet China＇s energy demand; on the other, it needs to reduce CO： emissions and make this a constraint on meeting energy demand. In our study, through establishing an optimal model, we get the optimal energy structure allowing for energy conservation and emission constraints; then we proceed, by means of a computable general equilibrium （CGE） model, to estimate the impact of rising energy costs as a result of changes in energy structure on the macro-economy. Our research results show that the government＇s plan for renewable energy has a positive impact on reducing CO2 emissions. However, rising energy costs as a result of changes in the energy structure under carbon emission constraints negatively affects macro-economic performance. As many important Chinese industries depend heavily on coal and thermoelectricity, the room for CO2 emission reductions is limited at the present stage. Instead, the government should pay attention to realizing CO2 emission reductions in other fields of economic life.
