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China’s post-COVID-19 stimulus: no Green New Deal in sight

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  • Jorrit Gosens

    (Crawford School of Public Policy, Australian National University)

Abstract

Much hope has been placed on China’s decisions regarding low-carbon stimulus following COVID-19. Analysis of China’s recent Government Work Report suggests that while a repeat of recovery measures focused on high-emissions infrastructure following the 2008 global recession is not in the cards, a Chinese Green New Deal is not in sight either. Much investment is flowing to fossil fuel industries, whilst support policies for renewable energy industries are absent from Beijing’s recovery program. These signs of environmental ambition taking a back seat are worrisome given that Beijing is currently designing its 14th Five-Year Plan.

Suggested Citation

  • Jorrit Gosens, 2020. "China’s post-COVID-19 stimulus: no Green New Deal in sight," CCEP Working Papers 2006, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
    • Handle: RePEc:een:ccepwp:2006
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    File URL: https://ccep.crawford.anu.edu.au/sites/default/files/publication/ccep_crawford_anu_edu_au/2020-07/wp_2006.pdf
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    Cited by:

    1. Guo, Yuchen & Yuan, Yu, 2022. "Assessing the energy resources policy agenda: Evidence from China's green express policy," Resources Policy, Elsevier, vol. 79(C).
    2. Li, Menghan & Hamawandy, Nawzad Majeed & Wahid, Fazle & Rjoub, Husam & Bao, Zongke, 2021. "Renewable energy resources investment and green finance: Evidence from China," Resources Policy, Elsevier, vol. 74(C).
    3. Ma, Yiqun, 2021. "Dynamic spillovers and dependencies between iron ore prices, industry bond yields, and steel prices," Resources Policy, Elsevier, vol. 74(C).
    4. Ibrahim, Ridwan Lanre & Al-mulali, Usama & Ozturk, Ilhan & Bello, Ajide Kazeem & Raimi, Lukman, 2022. "On the criticality of renewable energy to sustainable development: Do green financial development, technological innovation, and economic complexity matter for China?," Renewable Energy, Elsevier, vol. 199(C), pages 262-277.

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