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| 1 |
ID:
150715
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| Summary/Abstract |
Along with China's rapid industrialization and urbanization, challenges in reducing pollution and CO2 emissions are increasing. One of the major approaches to coordinate economic growth and environmental protection is to substitute coal-fired power with renewable energy. Since 2003, in order to promote wind power development, China has put in place many support policies which fall into either price policy category or non-price policy category. By using a variable intercept and mixed regression model with provincial panel data during 2001–2013, we analyzed the impacts of both categories on the increase of installed capacity in areas with different wind resources. We found that price policy and two non-price policies had positive impacts on the increase of wind power installation, price policy played a greater role than non-price policy did in promoting wind power development, and price policy was more effective in areas with poor wind resources, whilst non- price policy was more effective in areas with rich wind resources. Built on these findings, conclusions and policy recommendations are provided at the end of the paper.
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| 2 |
ID:
121344
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| Publication |
2013.
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| Summary/Abstract |
More than 40% of China's total CO2 emissions originate from the power industry. The realization of energy saving and emission reduction within China's power industry is therefore crucial in order to achieve CO2 emissions reduction in this country. This paper applies the autoregressive-distributed lag (ARDL) co-integration model to study the major factors which have influenced CO2 emissions within China's power industry from 1980 to 2010. Results have shown that CO2 emissions from China's power industry have been increasing rapidly. From 1980 to 2010, the average annual growth rate was 8.5%, and the average growth rate since 2002 has amounted to 10.5%. Secondly, the equipment utilization hour (as an indicator of the power demand) has the greatest influence on CO2 emissions within China's power industry. In addition, the impact of the industrial added value of the power sector on CO2 emissions is also positive from a short-term perspective. Thirdly, the Granger causality results imply that one of the important motivators behind China's technological progress, within the power industry, originates from the pressures created by a desire for CO2 emissions reduction. Finally, this paper provides policy recommendations for energy saving and emission reduction for China's power industry.
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