The Sustainable Development of the Economic-Energy-Environment (3E) System under the Carbon Trading (CT) Mechanism: A Chinese Case

Xin-gang, Zhao; Zhang, Yuzhuo; Ji, Liang; Li, Yanbin; Jia, Rongda

doi:10.3390/su10010098

Cited by 37 publications

(30 citation statements)

References 22 publications

(17 reference statements)

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“…Where should we focus in order to develop a sustainable energy sector? There are also other experts who contribute to solving these questions [13][14][15][16][17] by studying the relationship between energy consumption and gross domestic product. However, some of the results are inconclusive or mixed and they heavily depend on the indicators considered and the methodology chosen.…”

Section: Introductionmentioning

confidence: 99%

Factors Influencing Energy Consumption in the Context of Sustainable Development

et al. 2019

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Based on the global need to reduce the primary and final energy consumption, as part of the climate change mitigation strategy, the present study aims at determining the influence of different economic, social and environmental factors on the two types of consumption while emphasizing the importance of this topic for the research area. The novelty of the study resides in the factors considered in the panel analysis as well as in the combination of the analysis methods: the panel data analysis and the bibliometric analysis. The main results show that factors such as greenhouse gas emissions, gross domestic product, population and labour growth have a positive relationship with both primary and final energy consumption, which means an increase of energy consumption. Meanwhile, factors such as feminine population increase, healthcare expenditures or energy taxes have a negative relationship, which determine a reduction of energy consumption. The results should be of interest to the authorities in designing new energy reduction policies for contributing to sustainable development goals, as well as to the researchers.

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Section: Introductionmentioning

confidence: 99%

Factors Influencing Energy Consumption in the Context of Sustainable Development

et al. 2019

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“…This section firstly improves the Bass model, and then proposes the SD simulation model of price policies' evolution. SD is a systems modeling and dynamic simulation methodology for the analysis of dynamic complexities in socio-economic and biophysical systems with long-term, cyclical, and low-precision requirements [13,14]. Some scholars have combined the Bass model with the SD simulation to study the innovation diffusion.…”

Section: Methodsmentioning

confidence: 99%

The Evolution of Renewable Energy Price Policies Based on Improved Bass Model: A System Dynamics (SD) Analysis

Xin-gang

Zhang

2018

Sustainability

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Many countries in the world have implemented many price support policies to promote the development of renewable energy, and there are evolutionary processes between different policies at different stages of national development. Existing literature has less research on the internal mechanism and alternative process of renewable energy price policies' evolution process. In view of this, this paper innovatively introduces the classic model of innovation diffusion theory, the Bass model, into the renewable energy price mechanism, and improves it on the basis of the traditional Bass model, and then proposes a system dynamics (SD) simulation based on the improved Bass model to study the evolution process of the renewable energy price policies. This paper mainly studies the evolution process of the policies from feed-in tariff (FIT) to renewable portfolio standard (RPS), and takes China's wind power industry as an example to simulate the model. The results show that FIT can effectively and quickly evolve to RPS based on the internal influence of the interaction among power generation enterprises and the external influence of government behaviors. All the power generation enterprises will implement RPS, and the amount of green power enterprises eventually grows steadily and slowly. In addition, increasing the decline rate of FIT subsidy and RPS unit fine can effectively promote the evolution of RPS policy, and also improve the amount of green power enterprises and the activity of the tradable green certificates (TGC) trading market.

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“…The effectiveness of the EU ETS, as the first and largest multinational ETS in the world, on reducing CO 2 emissions has been well documented. Although there have been lots of theoretical studies of China's ETS aspect [3][4][5], we still know little about the causal impact of China's pilot ETS project on CO 2 abatement. Therefore, it deserves further empirical research.…”

Section: Introductionmentioning

confidence: 99%

Effect of the Emissions Trading Scheme on CO2 Abatement in China

2019

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This article takes advantage of the pilot Emissions Trading Scheme (ETS) project to estimate the causal impact of the ETS on CO2 abatement in China. The CO2 emissions and CO2 intensities of each province are calculated by using the fossil fuel data of 30 provincial administration regions from 2006 to 2016. Then difference in difference (DiD) models and propensity score matching (PSM) with panel data are applied to estimate the causal impact of the pilot ETS project. Results show that the pilot regions reduce their CO2 emissions and intensities more than the non-pilot regions under the pilot ETS project. The pilot ETS project significantly induced 12% decreases in the nominal CO2 intensity and 7.6% decrease in the real CO2 intensity, after controlling for regional heterogeneity, but its reduction effects on CO2 emissions are insignificant. Decreasing the proportion of coal to total energy consumption may be the main channel of the pilot ETS project inducing CO2 abatement. The estimated results for control variables indicate that upgrading industrial structures, attracting FDI, and purifying the export structure have significant effects on CO2 abatement.

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The Sustainable Development of the Economic-Energy-Environment (3E) System under the Carbon Trading (CT) Mechanism: A Chinese Case

Cited by 37 publications

References 22 publications

Factors Influencing Energy Consumption in the Context of Sustainable Development

Factors Influencing Energy Consumption in the Context of Sustainable Development

The Evolution of Renewable Energy Price Policies Based on Improved Bass Model: A System Dynamics (SD) Analysis

Effect of the Emissions Trading Scheme on CO2 Abatement in China

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