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Making the Transition to a Low-Carbon Economy: The Key Challenges for China

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  • ZhongXiang Zhang

Abstract

China has realised that for its own sake and from the international community's perspective, it cannot afford to continue on the conventional path of encouraging economic growth at the expense of the environment. Accordingly, the country has placed ecological goals at the same level of priority as policies on economic, political, cultural and social development. Specifically, meeting the grand goal involves not only capping China's nationwide coal consumption to let it peak before 2020 and carbon emissions peak around 2030, but also putting in place a variety of flagship programs and policies. This article argues that the 2030 carbon emissions peak goal is ambitious but achievable and concludes by arguing why there is reason to be optimistic about China's ‘green push’.

Suggested Citation

  • ZhongXiang Zhang, 2016. "Making the Transition to a Low-Carbon Economy: The Key Challenges for China," Asia and the Pacific Policy Studies 201617, Crawford School of Public Policy, The Australian National University.
    • Handle: RePEc:een:appswp:201617
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    Cited by:

    1. Garfield Wayne Hunter & Gideon Sagoe & Daniele Vettorato & Ding Jiayu, 2019. "Sustainability of Low Carbon City Initiatives in China: A Comprehensive Literature Review," Sustainability, MDPI, vol. 11(16), pages 1-37, August.
    2. Yinpeng Zhang & Zhixin Liu & Yingying Xu, 2018. "Carbon price volatility: The case of China," PLOS ONE, Public Library of Science, vol. 13(10), pages 1-15, October.
    3. Peng Tong & Chao Zhao & Huaqing Wang, 2019. "Research on the Survival and Sustainable Development of Small and Medium-Sized Enterprises in China under the Background of Low-Carbon Economy," Sustainability, MDPI, vol. 11(5), pages 1-17, February.
    4. Hongya Liu & Haslindar lbrahim & Meijing Song, 2025. "Impact of low-carbon economic policies on the corporate environmental responsibility model in China," PLOS ONE, Public Library of Science, vol. 20(1), pages 1-21, January.
    5. Huiming Xie & Limin Du & Chu Wei, 2024. "Decarbonizing China’s cities with the lowest cost," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(8), pages 20507-20530, August.
    6. Wei Wu & Boqiang Lin, 2020. "Reducing Overcapacity in China’s Coal Industry: A Real Option Approach," Computational Economics, Springer;Society for Computational Economics, vol. 55(4), pages 1073-1093, April.
    7. Wen, Fenghua & Wu, Nan & Gong, Xu, 2020. "China's carbon emissions trading and stock returns," Energy Economics, Elsevier, vol. 86(C).
    8. Diosey Ramon Lugo-Morin, 2021. "Global Future: Low-Carbon Economy or High-Carbon Economy?," World, MDPI, vol. 2(2), pages 1-19, April.
    9. Qianqian Guo & Zhifang Su & Chaoshin Chiao, 2022. "Carbon emissions trading policy, carbon finance, and carbon emissions reduction: evidence from a quasi-natural experiment in China," Economic Change and Restructuring, Springer, vol. 55(3), pages 1445-1480, August.
    10. Cong, Ren & Lo, Alex Y., 2017. "Emission trading and carbon market performance in Shenzhen, China," Applied Energy, Elsevier, vol. 193(C), pages 414-425.
    11. Kejia Yang & Ralitsa Hiteva & Johan Schot, 2020. "Niche Acceleration driven by Expectation Dynamics among Niche and Regime Actors: China’s Wind and Solar Power Development," SPRU Working Paper Series 2020-03, SPRU - Science Policy Research Unit, University of Sussex Business School.

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