TY - JOUR
T1 - Can China achieve its carbon intensity target by 2020 while sustaining economic growth?
AU - Zhu, Bangzhu
AU - Wang, Kefan
AU - Chevallier, Julien
AU - Wang, Ping
AU - Wei, Yi Ming
N1 - Publisher Copyright:
© 2015 Elsevier B.V.
PY - 2015/11/1
Y1 - 2015/11/1
N2 - In 2009, the Chinese government announced its carbon intensity target for 2020. Can China achieve this carbon intensity while sustaining economic growth? To address this essential issue, the contributions of this study lie in three aspects. First, we quantitatively capture the relationship between China's economic growth and energy consumption using the cointegration theory, and predict China's energy consumption by 2020 according to different economic growth targets. Second, we forecast China's energy structure in 2020 using compositional data and ARIMA models under different scenarios. Third, we deduce China's CO2 emission and carbon intensity in 2020. Furthermore, we investigate whether (or not) China can realize the carbon intensity target in premise of ensuring economic growth, and evaluate the contribution of the energy structure's adjustment to meeting this target. Finally, we put forward some relevant policy implications for achieving China's carbon intensity target.
AB - In 2009, the Chinese government announced its carbon intensity target for 2020. Can China achieve this carbon intensity while sustaining economic growth? To address this essential issue, the contributions of this study lie in three aspects. First, we quantitatively capture the relationship between China's economic growth and energy consumption using the cointegration theory, and predict China's energy consumption by 2020 according to different economic growth targets. Second, we forecast China's energy structure in 2020 using compositional data and ARIMA models under different scenarios. Third, we deduce China's CO2 emission and carbon intensity in 2020. Furthermore, we investigate whether (or not) China can realize the carbon intensity target in premise of ensuring economic growth, and evaluate the contribution of the energy structure's adjustment to meeting this target. Finally, we put forward some relevant policy implications for achieving China's carbon intensity target.
KW - Carbon intensity
KW - China
KW - Contribution evaluation
KW - Economic growth
KW - Energy structure adjustment
UR - http://www.scopus.com/inward/record.url?scp=84941954167&partnerID=8YFLogxK
U2 - 10.1016/j.ecolecon.2015.08.015
DO - 10.1016/j.ecolecon.2015.08.015
M3 - Article
AN - SCOPUS:84941954167
SN - 0921-8009
VL - 119
SP - 209
EP - 216
JO - Ecological Economics
JF - Ecological Economics
ER -