Decoupling and decomposition analysis of carbon emissions in Beijing’s tourism traffic

Environment, Development and Sustainability - Using the calculation method of the United Nations World Tourism Organization (UNWTO), this paper measured the carbon emissions of tourism traffic and...     

The impact analysis of policy events on China’s carbon market

ABSTRACT

This paper interrogates the impact of policy events on the efficiency of carbon market in China. The analysis covers five piloting emission trading schemes (Beijing, Shanghai, Guangdong, Shenzhen and Hubei), particularly focusing on Guangdong pilot for its weak form efficiency and the richness of policy events. Twenty-five policy events between 2014 and 2016 are categorized into seven groups. The efficiency test indicates that only Guangdong ETS has reached weak form efficiency. After exploring the policy events occurred in Guangdong ETS, it finds that although a clear long-term climate policy has been set up over the country, China’s carbon market still has a conservative risk appetite and its governing institutions still needs further development. The policy makers need to be aware of and avoid the negative impacts of policy events to the market evolvement, by introducing effective consultancy process with the stakeholders and nurturing market expectations in the long run. We also find that events like allowance auctions have considerably less impacts than previously expected and argue that auction approach should be considered a preferable option over a free allocation system in the future policy design.     

Empirical analysis of carbon tariff’s effect on the export structure of China’s manufacturing industry and social welfare based on the GTAP model

In recent years, carbon emissions have gradually evolved from an environment issue into a political and economic one. Carbon tariff has brought about new trade barriers of developed countries, and in order to enhance the industrial competitiveness of developed countries, it will produce unfavorable impact on developing countries. Concentrated on the manufacturing industry, which is the most intensive high-carbon industry in China’s export structure, this article studies the relationship between carbon tariff policy and industry structure of export trade and builds up a relation between climate change and international trade. First, by means of establishing a partial equilibrium model, it applies geometric analysis and mathematical analysis to compute the impact on China’s manufacturing export trade and the consequences of the introduction of the US carbon tariff to China’s manufacturing industry that has already imposed a domestic shipping carbon tax. Furthermore, with the application of the GTAP model, it estimates the overall economic and welfare effects on China’s manufacturing industry if the US and Europe introduce carbon tariff by means of four ways, and then analyzes the influence on China’s manufacturing industry export structure and social welfare as well. The result shows that the introduction of the US carbon import tariff lowers China’s export price and export volume, and the implementation of a domestic carbon tax justifies a higher export price and a lower export volume for China. However, the degree of export reduction is smaller than that under the effect of the US carbon tariff. In the case of developed countries imposing carbon tariff on China’s energy-intensive industries, such as chemical rubber products, oil and coal-processing industry and paper industry, whose export would be reduced, the negative impact on the paper industry is the severest, which will decrease the paper industry’s export ranging from 1.79% to 6.05%, whereas the other industries’ export will increase. Anyhow, it will promote China’s manufacturing industry to adjust the export structure to a certain extent. In addition, it will lead to a decrease in China’s welfare, with a decrease between $2.134 billion and $8.347 billion. Finally, this paper provides information on international coordination, export structure adjustment and green manufacturing adjustment as a reference for the development of China’s manufacturing industry.     

A review of research on China’s carbon emission peak and its forcing mechanism

In order to make further steps in dealing with climate change, China proposed to peak carbon dioxide emissions by about 2030 and to make best efforts for the peaking early. The carbon emission peak target (CEPT) must result in a forcing mechanism on China’s economic transition. This paper, by following the logical order from “research on carbon emission history” to “carbon emission trend prediction,” from “research on paths of realizing peak” to “peak restraint research,” provides a general review of current status and development trend of researches on China’s carbon emission and its peak value. Furthermore, this paper also reviews the basic theories and specific cases of the forcing mechanism. Based on the existing achievements and development trends in this field, the following research directions that can be further expanded are put forward. First, from the perspective of long-term strategy of sustainable development, we should analyze and construct the forcing mechanism of CEPT in a reverse thinking way. Second, economic transition paths under the forcing mechanism should be systematically studied. Third, by constructing a large-scale policy evaluation model, the emission reduction performance and economic impact of a series of policy measures adopted during the transition process should be quantitatively evaluated.     

Research on the effects of command-and-control and market-oriented policy tools on China’s energy conservation and emissions reduction innovation

The impact of environmental regulation on technology innovation is a hot spot in current research where a large number of empirical studies are based on Porter Hypothesis (PH). However, there are still controversies in academia about the establishment of “weak” and “narrow” versions of PH. Based on the panel data of application for patent of energy conservation and emission reduction (ECER) technology of Chinese city scale during 2008–2014, comprehensive energy price, pollutant emission, etc., mixed regression model and systematic generalized method of moments method were adopted, respectively, to study the impact of market-oriented and command-and-control policy tool on China’s ECER technology innovation. The results show that the environmental regulation hindered the technological innovation in the immediate phase; however, it turned out to be positive in the first-lag phase. Hence, the establishment of “weak” PH is time-bounded. The command-and-control policy tool played a more positive role in promoting technological innovation in the first-lag phase than market-oriented policy tool. Therefore, “narrow” PH is not tenable. The reason is that the main participants of China’s ECER technology innovation are state-owned companies and public institutions. Regionally speaking, the impact which command-and-control policy tool has on technological innovation at sight was non-significant in the eastern, the central, and the western regions of China whilst market-oriented policy tool had a negative effect. And market-oriented policy tool in the central region had strongest negative effect, which would diminish in the eastern region and become weakest in the western region. This was related to regional energy consumption level and the market economic vitality.     

Regional differences and influencing factors in the CO<Subscript>2</Subscript> emissions of China’s power industry based on the panel data models considering power-consuming efficiency factor

With the economic development, China has become the largest CO₂ emissions country. China’s power industry CO₂ emissions accounted for about 50% of total CO₂ emissions. Therefore, exploring major drivers of CO₂ emissions is critical to mitigating its CO₂ emissions in power industry. Many studies considered the time series model to analyze the national influences factors of CO₂ emissions. But this paper focuses on regional differences in CO₂ emissions and adopts panel data models to explore the major impact factors of CO₂ emissions in the power industry at the regional and provincial perspectives. The results indicate economic growth level plays a dominant role in reducing CO₂ emissions. The power-consuming efficiency on the demand side has large potential to mitigate CO₂ emissions, but its influences are different in three regions. The impacts of the electric power structure on CO₂ emissions decline from the eastern region to the central and western regions. The influence of urbanization and industrialization also has significant regional differences. Therefore, the governments should consider the influencing factors and regional differences and formulate appropriate policies to decrease CO₂ emissions in the power industry.     

Evolution and interaction of ecological civilization construction pattern from the perspective of path dependence–based on the panel data of Jiangsu Province,China

Environment, Development and Sustainability - Ecological civilization is an advanced form after industrial civilization. Improving China's ecological civilization system will provide developing...     

European regulations to reduce lead emissions from automobiles – did they have an economic impact on the German gasoline and automobile markets?

Environmental protection policies in the automobile market were not implemented until the motorisation of the masses in the 1960s caused an increasing environmental burden. The rising air pollution was considered a latent danger to humans, animals and plants. In the years up to 1985 the EU passed several regulations to limit the mass pollutants CO, CxHy and NOx. Germany was the first EU-member nation to also be concerned with lead in gasoline, passing reduction regulations as early as 1971. In 1986, several EU-member nations implemented the supply of unleaded gasoline. This decision was predominantly based on information about widespread forest damage. The reduction of lead emissions due to these regulations could be verified in different environmental systems. An example of this was the decline of atmospheric lead concentrations and human blood lead levels in Germany. With regard to industries, the German mineral oil and automobile markets were affected mostly. The price trend of gasoline was no longer only influenced by varying crude oil prices but also by tax discrimination between leaded and unleaded fuel. With regard to the distribution system, the market positions particularly of the medium-sized traders and the independent importers were weakened. In the automobile market, favourable terms of competition were experienced by producers who had already gained experience with catalyst systems in the US market. The Gasoline Lead Content Regulations had no significant effects on further economic indicators, except for competition. Electronic Publication