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Can China achieve its carbon intensity target by 2020 while sustaining economic growth?

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Listed:
  • Zhu, Bangzhu
  • Wang, Kefan
  • Chevallier, Julien
  • Wang, Ping
  • Wei, Yi-Ming

Abstract

In 2009, the Chinese government announced its carbon intensity target for 2020. Can China achieve this carbon intensity while sustaining economic growth? To address this essential issue, the contributions of this study lie in three aspects. First, we quantitatively capture the relationship between China's economic growth and energy consumption using the cointegration theory, and predict China's energy consumption by 2020 according to different economic growth targets. Second, we forecast China's energy structure in 2020 using compositional data and ARIMA models under different scenarios. Third, we deduce China's CO2 emission and carbon intensity in 2020. Furthermore, we investigate whether (or not) China can realize the carbon intensity target in premise of ensuring economic growth, and evaluate the contribution of the energy structure's adjustment to meeting this target. Finally, we put forward some relevant policy implications for achieving China's carbon intensity target.

Suggested Citation

  • Zhu, Bangzhu & Wang, Kefan & Chevallier, Julien & Wang, Ping & Wei, Yi-Ming, 2015. "Can China achieve its carbon intensity target by 2020 while sustaining economic growth?," Ecological Economics, Elsevier, vol. 119(C), pages 209-216.
    • Handle: RePEc:eee:ecolec:v:119:y:2015:i:c:p:209-216
    DOI: 10.1016/j.ecolecon.2015.08.015
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