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ID136251
Title ProperPotential cooperation in renewable energy between China and the United States of America
LanguageENG
AuthorZhang, Wei ;  Yang, Jun ;  Sheng, Pengfei ;  Li, Xuesong
Summary / Abstract (Note)China and the United States of America (US) are developing renewable energy concurrently. In this paper, we seek the opportunities for potential cooperation between these two countries based on the analysis of annual economic data. A mathematical model has been established to characterize correlations among GDP, carbon dioxide emissions, energy prices and the renewable energy cooperation index. Based on statistical analyses, such cooperation can promote economic development, reduce carbon dioxide emissions, improve the environment and realize green growth. If US monetary and technology resources and Chinese markets are combined, benefits can be mutually gained.
`In' analytical NoteEnergy Policy Vol.75, Dec.2014: p.403-409
Journal SourceEnergy Policy 2014-12
Key WordsChina ;  Energy Prices ;  CO2 Emission ;  United States of America ;  Renewable Energy Cooperation ;  Renewable Energy Cooperation Index