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POLICY EFFECT (3) answer(s).
 
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ID:   150708


Analysis of the policy effects of downstream Feed-In Tariff on China’s solar photovoltaic industry / Wang, Hongwei; Zheng ,Shilin ; Zhang, Yanhua ; Zhang, Kai   Journal Article
Wang, Hongwei Journal Article
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Summary/Abstract The Chinese government initiated the Feed-In Tariff (“FIT”) policy for downstream power generation in August 2013. The effectiveness of the downstream FIT policy has attracted the attention of academia and government. Using the quarterly data of listed solar PV companies between 2009 and 2015, this paper provides an empirical analysis regarding the effects of the downstream FIT policy. We find that (1) the FIT policy has significantly enhanced the inventory turnover of listed PV firms and improved their profitability; (2) the FIT policy has significant effects on the inventory turnover of midstream companies and mixed industry-chain companies mainly engaged in downstream operations; (3) FIT policy is more favorable towards increasing the inventory turnover of private enterprises. Our results indicate that the FIT policy can have substantial effects on the sustainable development of China's solar photovoltaic industry.
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2
ID:   137670


Ex-post assessment of China's industrial energy efficiency policies during the 11th Five-Year Plan / Yu, Yuqing; Wang, Xiao ; Li , Huimin ; Tamura, Kentaro   Article
Wang, Xiao Article
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Summary/Abstract China implemented a package of policies during the 11th Five-Year Plan (2006–2010) to improve industrial energy efficiency. This assessment provides a methodology that establishes a causal relationship between policy implementation and energy conservation effects. To enhance the confidence in the research findings, this assessment applies two distinctive and independent approaches: one top-down and the other bottom-up. This assessment finds that industrial energy efficiency policies collectively achieved energy savings of 322 Mtce (9.4 EJ) against the baseline scenario. This accounted for 59% of the sector's total energy savings from 2006 to 2010. The remaining energy savings were realised through autonomous technology improvement (33%) and sector-level structural shift (8%). Correspondingly, cumulative avoided CO2 emissions realised through energy efficiency policies amounted to 760 million tons. This assessment concludes that industrial energy efficiency policies were effective in realising energy conservation targets, but energy conservation effects were not achieved in a cost-effective way. Command and control measures were dominantly implemented, with economic incentives and informational measures taking a complementary role; while market based instruments did not play an important role. As China is planning on implementing a nationwide emissions trading scheme, special attention needs to be paid to policy interaction and coordination.
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3
ID:   171474


Sustainable shifting from coal to gas in North China: an analysis of resident satisfaction / Shuo, Xu; Jianping, Ge   Journal Article
Shuo Xu Journal Article
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Summary/Abstract To reduce the impact of coal combustion on air quality, the Chinese government has introduced clean heating policies in North China. The government has vigorously promoted the policy of shifting from coal to gas (hereafter the “coal-to-gas” policy). Hebei Province has the largest number of households that have completed the transition from coal to gas. Taking Hebei as a typical area, we construct a resident satisfaction model (RSM) to estimate the effectiveness and sustainability of the “coal-to-gas” policy in North China. We conduct a survey of 6 villages in Hebei Province to provide new evidence on the grassroots implementation effect of the “coal-to-gas” policy and its influencing factors. The results suggest that the overall satisfaction of residents is at a medium level. The influencing factors of resident satisfaction include the heating level, perceived fairness, air quality and subsidy amount, among which residents have the highest satisfaction with the heating level and the lowest satisfaction with the subsidy amount. We also find that resident satisfaction has a significant positive effect on resident trust. Based on the analysis, we propose policy suggestions to further benefit from positive factors and actively manage negative factors.
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